Separation and divorce present couples with a compelling and often complex set of reasons to re-evaluate. Some are emotional, some are rational, and some are largely financial. And some are all three. Estate planning falls into that last category. It’s difficult for many of us to discuss, let alone plan for, the day we won’t be around anymore. But plan we must, particularly if … [Read more...]
What Happens To Maintenance If Your Ex Dies?
Throughout the process of divorce, many logistics need to be settled, sorted and agreed upon. These items can range from asset allocation, property distribution, and possibly child custody. Something to consider beyond this time is the financial support that one spouse may offer the other. In traditional spousal support payouts, if the financial supporter passes away, the … [Read more...]
5 Ways To Improve Your Finances
Life after a divorce can be pretty complicated, since this life-changing instance can have a direct impact on your finances. Regarding money, there are plenty of things going on in your life that are going to need your attention. These five tips will help you improve your financial situation and limit your stress during this difficult time. Assess Your Current Financial … [Read more...]
5 Steps Everyone Should Take To Reassess Their Finances After A Divorce
There’s plenty of things that you begin to doubt when you’re going through a divorce. Make sure your personal finances aren't one of them. All too often, those enduring divorce fall victim to dramatics and heated emotions, leading to rash decisions. Gain control of your future by knowing the appropriate route to take when moving forward. Make the most of your monetary … [Read more...]
Holiday Shopping Tips For A Divorced Parent
Divorce is a stressful and life-changing event that can be tough on families all year round. But as the holiday season approaches, this can bring even more tension among children and parents. Kids might be splitting time between parents, stress-levels can be higher than usual, and parents may be struggling financially. This becomes even more apparent when it comes time … [Read more...]