As you approach your divorce, you can expect Social Security benefits to be an issue in the asset division process. Even if you’ve never worked under Social Security, there’s still a possibility you can get a share of your former spouse’s retirement benefits if you are 62 or older and if your spouse receives disability… Read More »
Divorce can lead to you taking a big hit financially. At the very least, you are likely to lose a second source of income, which means you may need to adjust your lifestyle to meet your new financial reality. Below are some steps you can take to begin your financial recovery after a divorce: Don’t… Read More »
If you follow the news, you’ve likely seen reports indicating that the national divorce rate has been dropping steadily over the last couple decades. Between 2008 and 2017, the national divorce rate fell by about 21 percent. That downward trend is expected to continue in the coming years. Many researchers believe that a major cause… Read More »
The calendar is about to turn over into a new year, which means many people are trying to come up with some resolutions they can make to better themselves and their lives in the year to come. If you are planning to get divorced, some of these resolutions may very well have to do with… Read More »
The clock is rapidly running out on 2018. As soon as the calendar flips, there will be some significant tax reforms that go into effect due to the Tax Cuts and Jobs Act that was signed into law in December 2017. As you may have heard, some of these changes to the tax code will… Read More »
The first year after a divorce is always the hardest for you and your children, especially when the holidays arrive. Every event requires more flexibility than ever, as your kids will share parenting time and have to say goodbye to some old traditions, while creating some new ones along the way. Below are a few… Read More »
Divorce is an inherently stressful process for adults and children alike, and it’s somewhat common for significant emotional issues to arise during these stressful times. Many people find it is beneficial to work with a therapist or counselor during the divorce process to maintain their emotional health. Below are just a few benefits: Counseling can… Read More »
While you might initially be more concerned about how your divorce will affect you financially and logistically, it also has the potential to affect your health — especially if you get divorced at an older age. “Gray divorce,” the common term for divorce among people 50 years old or older, is skyrocketing in the United… Read More »
Going through a divorce is always going to be difficult both financially and emotionally, no matter your age. But older couples going through a divorce have a unique set of concerns, including what will happen to their retirement plans. This has become an increasingly common concern among divorcees, as so-called “gray divorce” (divorce among adults… Read More »
Recent reports out of the United Kingdom indicate at least 200 couples in the country filed for divorce in 2018 while citing a spouse’s addiction to the video game “Fortnite” as one of the reasons for the breakdown of the marriage. Although there has been no such study in the United States, the massive popularity… Read More »