Men and women nearing retirement who have gone through a divorce are less likely to feel financially prepared than married couples. Women are most likely to feel financially unprepared than men and this is for good ...(more)
Divorce ranks as one of the most stressful of life’s events. Because it often involves change in every area of life, it often requires a fundamental reexamination of future goals and expectations.
Once divorce has ...(more)
A TALE OF LOVE
I love sayings. One of my favorites is about married couples. The saying is, “Couples get divorced over three things—money, sex and religion.” I am no expert on sex or religion, ...(more)
Know what you’re negotiating, understand the impact of taxes, and accurately express your spending needs. Negotiating your divorce without a written understanding of your finances is like taking a hike without maps or ...(more)
Social security has been paying benefits to senior citizens for close to 80 years now, so it’s no wonder that Americans take it for granted. Americans all have the expectation that we pay into the program during our ...(more)
Preparation is key. While planning for divorce is probably not on the top of anyone’s to-do list, if you are considering divorce, ironing out the current state of your finances should be. The first financial steps taken ...(more)
Divorce is one of those life events that may be one of the most difficult transitions any person has to make. Some of the divorces end up amicably, while others end up with such irreconcilable differences that the two ...(more)
America is a country built on the backs of small business owners and entrepreneurs. When these small business owners and entrepreneurs are a married couple the business is simultaneously the largest asset they own and ...(more)
Following are 35 of the most common and sometimes devastating financial mistakes made during divorce. Pacific Divorce Management’s knowledge, experience and proven Divorce Financial Planning system provides the creative ...(more)
Money is one of the most oft-cited reasons for couples to get divorced, yet getting a divorce is one of the worst things that can happen to your finances. In addition to the lawyer fees, your household’s budget will be ...(more)
Meet Jane, a working woman who is 62, who is wondering about her social security benefits after divorce.
Jane’s marriage of 23 years to Harry ended in a divorce a little over 8 years ago. She’s been working hard the ...(more)
Divorce can be a very emotional time and thinking about your financial future may seem difficult if not impossible. Considering your current and future financial situation is one of the most important things you can do ...(more)
Sadly, when couples divorce, it’s the finances that end up causing so much pain. Divorcing spouses are often caught unawares, not realizing that if they had done a little financial planning earlier, their split up could ...(more)
The Right Financial Adviser can Help You Survive the Financial Perils of Divorce
So you’re getting divorced. Maybe it was your idea. Maybe not. But the decisions you (and your spouse) make early on in this process ...(more)
Divorce is never fun. In fact, it ranks just behind losing a child as the most traumatic event that can happen in your lifetime.
Throw in finances, and things just get crazy.
We’ve discussed issues such as alimony, ...(more)
The seven worst financial mistakes you can make during your divorce.
1) Making a major purchase - Perhaps a new house? A new car? These are purchases that may impact your situation negatively. For example. You are ...(more)
Think about the things that are most valuable to you, and if you were to split with your spouse, which things would you want to keep for yourself.
Some people pick the house. Others want to keep their cars. Some ...(more)
A typical divorce is a long, costly process – both emotionally and financially. Once in the court system, a divorce case can often take at least 18 months (or longer) to resolve. Attorney and court fees can pile up in a ...(more)
Divorce can be a traumatic experience for many, but by avoiding some common financial mistakes, divorce can be made a little easier. Whether you are using the collaborative process, mediation, or litigation, ...(more)
One of the biggest fears about divorce is facing the rest of life alone. That fear is compounded when the cost of that future is uncertain. Fear is overcome through education and understanding.
You first need to ...(more)
Information is provided 'as is' and solely for informational purposes, not for investment purposes or advice. BrightScope is not a fiduciary under ERISA. BrightScope is not endorsed by or affiliated with FINRA.