One worry shared by many people entering into a divorce is the question of whether their spouse will take everything in the settlement or whether dividing their assets and debts will be a major financial setback. While there are certain strategies to consider to avoid this outcome, such as working with financial professionals and settling…
It is not uncommon for couples to reach an impasse in divorce settlement negotiations. Even if you and your spouse are on good terms at the point of negotiations, there are bound to be disagreements and even moments when it feels like you cannot move forward with both parties on board. Luckily, there are strategies…
In an earlier blog post, we discussed ways that you and your spouse could divide your assets in a divorce, and the circumstances that factor into that decision. When it comes to dividing your assets, you might assume that everything will be split evenly between you and your spouse. When discussing how to divide your…
Every couple has a unique set of circumstances going into a divorce, and if you have kids, their age will likely affect your divorce process. In the past, we’ve discussed what you need to know if you are divorcing without minor children, but what are the specific things you need to consider if your children…
What is a Certified Divorce Financial Analyst®? You’re likely wondering if you need a Certified Divorce Financial Analyst®. Perhaps you’ve already hired an attorney, and you’ve quickly realized there are many moving parts when it comes to creating a financial settlement. Or, perhaps you’re wrapping up your divorce process and are wondering how to plan…
Perhaps you knew it was coming, or perhaps it hit you like a ton of bricks. Either way, when you’re asked for a divorce, most of us quickly become overwhelmed with unanswered questions. After all, these probably aren’t waters you’ve navigated before. And, no two situations are the same, so seeking advice from friends and…
In many divorce cases, consulting with a Certified Divorce Financial Analyst® can provide a better financial outcome for you. While this isn’t the right path for everyone, chances are, you’ll find yourself falling into one of the categories below. You’re Not Sure Where to Start A Certified Divorce Financial Analyst® will take the time to…
As any divorce comes with a litany of loose ends that need shoring up, insurance is something that can easily become an afterthought. This can be more complex where children are involved, and it’s vital that you create a plan. Below we discuss the different types of insurance, and share some tips on how to…
Mediation can be an ideal way for a couple that is parting ways to work through unanswered questions outside of a courtroom. Who exactly attends a divorce mediation? First, we’ll provide a brief overview of the process to help you better understand why. What Exactly is a Divorce Mediation? In most cases, the divorcing couple…
Finances are tricky. Each of us is a product of our environment, and our attitudes toward money and strategic approaches to “financial happiness” are always different. There’s a balance we all must strike between satisfaction, comfort, freedom, and security. We all have our own ideas about what combination of these equals happiness. The commitment of…