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...]
What You Need To Know About The Divorced Spouse Social Security Benefit
A big part of divorce is figuring out the impact ending your marriage will have on your finances. The obvious concerns are what it means for your present lifestyle, but you can’t ignore the consequences on retirement. That means understanding the Divorced Spouse Social Security benefit. There are lots of rules and caveats for this benefit and it’s hard to remember them all … [Read more...]
What You Need To Know About Divorce And Cryptocurrency
With Facebook’s announcement that its own digital currency, Libra is coming in 2020, this type of asset is going to become much more common. If you’re ending your marriage, that means you need to get up to speed about divorce and cryptocurrency. Cryptocurrency is often thought of as hard to trace, difficult to value and highly volatile. All that can spell trouble when you’re … [Read more...]
What You Need To Know About Bankruptcy And Divorce
Guest post by Eva G. Bacevice, bankruptcy attorney and contributing writer at Upsolve Divorce and bankruptcy often go together hand-in-hand. Financial strain can accelerate marital strife just as easily as pending separation can negatively impact your financial stability. While you may need to seek legal relief on both fronts, it is important to know how they impact one … [Read more...]
What Could Make An IRS Problem Worse? Divorce
Being in trouble with the IRS is no one's idea of fun to begin with and getting divorce can make that problem even worse. It's pretty typical in a marriage for one spouse to take on the responsibility for doing the taxes. Often times, the other spouse is all too happy to be relieved of that task. And then divorce happens ... And then they find out that the taxes they thought … [Read more...]
