If you have your own business and you're ending your marriage, then you're going to want to know what happens to your business in divorce. Probably about half of my clients either have their own business or their spouse is self-employed and there's a huge variety in what those businesses look like. I've seen blogs that are strictly a side-job that probably cost more to run … [Read more...]
10 Important Things You Need To Know About Divorce And Your Credit Score
Lots of people are talking about their credit score now with the Equifax data breach but that's not the only reason you should be monitoring it. There are ten important things you need to know about divorce and your credit score and that's what I'm talking about in this latest episode of Conversations About Divorce. My guest for this Conversation is Samantha Gregory from Rich … [Read more...]
How To Share Your Child’s Expenses With Your Ex
One common area for post-divorce conflict is child-related expenses. To minimize this, it is important to discuss before the divorce is final how will you and your ex share your child's expenses. Even with a clear agreement in the divorce papers, this unfortunately can be a minefield on many levels. It leads to disputes about what expenses should be incurred, what should be … [Read more...]
How To Make Sense Of Financial Planning After Divorce
The reality of every divorce is that there is always less money after divorce and ending a marriage means facing that reality. For some people it means having to manage the household finances for the first time either in a long time or sometimes, for the first time ever. It means there is no more shopping and buying things with an open credit card, with no spending limits and … [Read more...]
How Much Of A Role Do Finances Play In Divorce?
According to a national survey by Experian, many divorcees regret not being more involved in household finances during their marriage and say it played a role in the split. I'm not surprised by this and I see it often in both mediation and coaching clients. I've worked with clients who knew nothing about the marital finances and who have had to work hard to get up to speed … [Read more...]