It is a fact that it costs more to financially support two households than it costs to support one. It is usually financially tight when divorced spouses first strike out on their own. Things usually get better once you settle in, balance your budget and operate within your means. The good news is that you… [Read More]
divorce
Divorce Support Team
Make sure you choose the divorce process that best suits your approach. For instance, make sure that your attorney or mediator explains the answers to your questions clearly and has the patience to explain until you understand clearly. It is also important to have the support of friends and family. Be careful and mindful though… [Read More]
Life Insurance in Divorce
It is important that you maintain life insurance with the children named as beneficiaries and the alternate spouse as trustee (via UTMA or otherwise) so that in the event that one spouse dies during the child support term, that the support intended for the children remains in place. The reason for naming the alternate spouse… [Read More]
Financial Decisions After Divorce
During the divorce mediation process, we explore finances to ensure that you are able to afford the decisions you are currently making. A financial planner can help you extrapolate that information so that you are prepared for your future and your family’s future. Ask your friends for recommendations and work with someone who aligns with… [Read More]
Divorce and Your Credit Score
If one person is taking sole responsibility for the joint mortgage or any other joint debt as part of the overall agreement of the divorcing couple, it is important for the alternate spouse to have access to the account and ongoing statements during the period of joint ownership. It is important to understand the risk… [Read More]
