Whether negotiating a divorce settlement in your lawyer’s office or going through divorce proceedings in court, arriving at a fair financial arrangement can be difficult. That’s largely because there are so many variables to consider when putting a value on what each spouse contributed to the marriage, which can lead…
Society dictates that the ideal family is one where children are raised by two parents all living under the same roof. Yet, there are circumstances when staying together for the sake of the children is far from the best choice. Parents involved in a domestic violence relationship may think they…
A good credit rating can open many doors – loan approvals, lower interest rates, increased spending limits, security deposit waivers, better insurance rates, to name a few. That’s why, once you build a good credit score, it’s important to keep close tabs on it and avoid actions that can have…
No relationship is smooth sailing one hundred percent of the time, especially marriage. When two people decide to build a life together, they are sure to face some obstacles along the way. Luckily, couples often learn to overcome their differences, largely through understanding and compromise, and their marriages endure. Some…
There is a lot more involved to a divorce than two people simply going their own ways. Couples have an overwhelming number of decisions to make—how to divide their assets, where to live and, for parents, how to continue caring for their children, to name a few. As difficult as…
January is typically the month when we start to collect year-end tax documentation in preparation for the April tax season. While filing income taxes can be complicated for many of us, it can be especially confusing for divorced parents with children. Shared custody arrangements can raise questions regarding which parent…
When going through a divorce, couples can let emotions drive their decision-making process, especially when it comes to such issues as divvying up their assets. The more contentious the divorce, the more likely the scenario of a spouse fighting for assets simply to keep them out of the hands of…
When building a life together as husband and wife you will, no doubt, accumulate a lot of stuff. Normally, this isn’t a problem unless your marriage ends in divorce. At that point, you will be faced with the difficult, and sometimes contentious, task of dividing up your assets. Some couples…
For most couples, the divorce process starts the moment they realize their marriage is beyond repair, long before they get attorneys involved and start the legal process. It can be months, and in some cases years, between the time a couple decides to dissolve their marriage and the time the…
There’s no question that divorce impacts many areas of your life: family dynamics, social relationships, even your credit score. In fact, 54% of women and 42% of men reported their divorce negatively impacted their credit scores. Why is that? Divorce can change your financial habits and obligations. Joint debt accumulated…