Are you preparing to file for divorce? It’s important that you do everything in your power to set yourself up well financially after the divorce is finalized. Below are just a few steps you can take to protect your financial situation so you can get off to a good start with your money as a newly single person: Budget: Before…
One of the most impactful ways you can set yourself up for success in a divorce is to get a solid understanding of the assets you have and the debts you owe. In many relationships, it is common for one partner to have much more control or hands-on interaction with money held in joint accounts or with paying certain bills…
Researchers have long studied the effects of people’s jobs on various factors of their lives, including their health, happiness, stress levels and financial security. It should come as no surprise, therefore, that certain fields of work can have more of a toll on relationships than others, resulting in increased divorce rates for those who serve in them. Below are some…
Millennials have been blamed for the devastation of fast casual restaurants, napkins, cereal, box stores, diamonds and fabric softener, among many other products and industries. But a recent report actually gives the generation — made up of people born between 1982 and 2000 — credit for shrinking the divorce rate in the United States. A new study from the University…
Attorneys and judges continue to report a flood of divorces — especially those going through accelerated process — coming through before the end of the year. This is primarily because elements of the Tax Cuts and Jobs Act, signed into law by President Donald Trump in December 2017, go into effect as of January 1, 2019. By getting a divorce…
One question you might have as you go through the divorce process is whether you are able to garnish your former spouse’s Social Security payments to collect unpaid child support. The answer to this question depends primarily on the type of Social Security benefits your former spouse receives. You cannot collect unpaid child support from Supplemental Security Income (SSI). But…
If you and your former spouse or partner cannot agree on a parenting plan for your children, you will need to go to a custody hearing. There, you can argue for a plan you think is most beneficial for you and the children in question. Below are some tips to help improve your chances of success at these hearings: Have…
Divorce can be an expensive process, adding to the stress you already face from its emotional impact. If you are considering filing for bankruptcy and for divorce, there are several things you should know: Don’t file for them both at the same time: It’s enough to have either a bankruptcy filing or a divorce to worry about — you should…
If you were not working during your marriage or were only working a part-time job, it can be a difficult transition to suddenly jump back into being a full-time member of the workforce. Not only are you adjusting to your new life as a single person, but you will also be starting a brand-new job and will have to share…
Divorce can be a long, arduous process, but there are some steps you can take to make things go a little faster and more smoothly. Here are a few examples: Be compliant during discovery: When you’re asked to produce certain documents or information, submit them as quickly as possible. Don’t ask why or argue about it at all — that’s…