Baby boomers have been far and away the generation with the highest rates of divorce over the past several decades. Now, as they reach retirement age, they are setting new records for divorces we’ve seen for people over 60, and it is having drastic effects on their ability to achieve their retirement goals. While divorces earlier in life tend not…
So you’ve made it through the exhausting, painful process of divorce. It has likely been months, or maybe even years in extreme cases, since you have been able to go through a day without having to worry about certain divorce-related tasks. However, you cannot let up just because the divorce has been finalized. Many people make some significant mistakes while…
It might not come as much of a surprise, but most divorced individuals in a recent survey say money played a major role in their decision to end their marriages. According to the Experian survey, 59 percent of divorced people said financial struggles and arguments were a reason for their divorce, with 20 percent saying it played a “big” role.…
When you’re about to get divorced for the first time, you may start to feel more than a little overwhelmed. Those who are unfamiliar with the divorce process and do not receive proper advice often make some key mistakes that could impact them in the long term. To that end, the following are some things you should never do before…
Hiding assets during a divorce is illegal and ill-advised. If discovered, it could negatively impact the perpetrator’s ability to receive a fair settlement during the division of assets portion of the divorce negotiations. One method of asset concealment that has gained popularity in recent years is to hide assets with Bitcoin. Tech-savvy people have been using Bitcoin, a form of…
Even if you consider yourself to be a very strong person, the divorce process can be emotionally taxing. To that end, many people benefit from visiting with a therapist during their divorce to maintain a healthy emotional balance in their lives. The following are some of the primary benefits a therapist might provide during this difficult time: Finding peace with…
Valentine’s Day is one of the most popular days of the year for marriage proposals. It also happens to be right around the time when many people file for divorce from their spouses. Many experts believe that the stress of the holiday season just a couple months before mid-February can put a lot of strain on an already troubled relationship.…
If you own a family business with your spouse, a divorce could be a frightening prospect in terms of the impact it could have on the business. However, there are certain ways you can protect that business in the event of a divorce. The following are a few tips to help you accomplish this: Use prenuptial agreements: If you started…
National studies show that second, third and subsequent marriages for individuals are more likely to end in divorce than first marriages. But why is this the case? The following are some of the most common reasons marriage experts believe are behind the numbers: Second marriages tend to be rushed: Studies indicate people tend to spend more time dating and getting…
As you may have heard, especially if you belong to the bridge and tunnel crowd, New York State is ripping out cash toll booths and replacing them with license plate capturing cameras. The result being that a toll bill will be mailed to the residence where the traveling vehicle is registered to. This process has already begun in earnest in…