When going through a divorce, one of the primary tasks is to determine the division of your family’s assets and debts. This can be a complex process that requires very careful consideration of several important factors. Here are 4 things to keep in mind to ensure a...
Divorce does screwy things to a person's head. Believe me, I’ve seen it. The once intelligent together person that you were, can turn into an emotional, brain-fogged, & unorganized basket case. You try really, really hard to keep it together, but you know this...
Over the last few years, one trend in divorce has firmly taken root. Baby Boomers are divorcing at double the rate of other groups. As our life expectancies lengthen, our attitudes about divorce evolve. And while it’s not still rapidly increasing quite as much, Boomer...
As soon as you begin to contemplate divorce, the realization of losing half of your net worth may kick in, and you find yourself wondering if it’s even worth it financially to consider leaving.
What’s a man contemplating, or already in the middle of a divorce, to do? There seems to be multitudes of services that cater to helping women during this tough time. It’s true that women may need a little more emotional support and financial education during the process if their Husband had overseen the finances during the marriage. But the family finances may not always have been handled in this manner. Men can also struggle to find appropriate divorce-related resources that they need.
For most people, the divorce process is emotionally draining and mentally exhausting. It can be a time of feeling frozen, numb, or moving in circles. But despite those feelings, you will be expected to go through your finances with a fine-tooth comb to ensure that...
Step # 5 - How can I be creative, clever, and patient throughout the entire divorce process? Creative is an adjective meaning “relating to, or involving the imagination or original ideas to develop something different.” It also means “managed, so as to get around...
Step # 4 – Decide to keep things business like, and to negotiate with a level head. Business like – “to carry out tasks efficiently without wasting time or being distracted by other concerns; systematic and practical”. Level headed – “being calm and sensible,...
Step # 3 - Answer this key question for yourself: What do I want going forward for our divorce and future to look like, for me and my spouse? Process options include: 1. Kitchen table negotiations (go it alone, with no legal or financial advice) - You both resolve all...
Step # 2 – Write down detailed answers to this question…“What do I need in the form of a roof over my head, liquid cash, future retirement dollars, types of insurance coverage, and lump sum and / or ongoing financial support for myself and my children?” After first...
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Identify Your Priorities, Before Having Any Discussion With Your Spouse
Knowing your priorities will help you be confident in what to ask for, and what you can live without.
