It shouldn’t be a surprise that getting involved in a divorce, separation, or other legal matter can quickly become an expensive issue, especially when there is a lot of disagreement and distance between the parties involved. This is because resolving disputes and protecting the interests of all parties involved requires an extensive amount of legal […]
Divorce Financial
5 Benefits of Addressing Your Divorce Issues Now Versus Later
While you may want to avoid the pain, effort, and cost of a complete divorce settlement — the benefits of addressing divorce issues now can help you later.
The True Cost of an Adversarial Divorce
Many divorcing couples seem to have the goal of revenge at any cost. These couples are unable to speak civilly to each other or mediate any issues. In some instances, they do their best to undermine each other, stall, and engage in other bad behavior. Couples obtaining divorces using the two-attorney adversarial process spent 134% […]
Did You Know You Can Crowdfund Your Divorce?
We all know that divorce can be an expensive proposition. There are legal fees, court costs, and much more to take into account. With the advent of crowdfunding – companies like Kickstarter, GoFundMe, and Patreon seemingly pop up each day – you can look to the public to finance everything from your nonprofit campaign to […]
6 Crucial Pieces of Financial Information Your Tax Return Can Reveal
When divorce is on the horizon, it becomes necessary to compile a list of marital property (assets and debts) and supporting documentation as early in the process as possible. But many people have difficulty locating the necessary information. Tax returns are a good place to start when trying to verify sources of income, and to […]
5 Ways to Financially Prepare for Divorce
Financial issues will dominate the discussion of your divorce settlement. Therefore, it makes sense to financially prepare for divorce. You are preparing not only for the actual expenses related to the divorce process, but also for the major financial adjustments that will follow. (For those of you who were looking for ways to hide assets, […]
Divorce and the Death of Prince
What do the death of Prince and a divorce have in common? At first blush nothing, but let’s dig a little deeper. Prince tragically died without any will or estate plan. His estate is worth over $100 million, if not several times more. There are estimates at over $300 million. His music will bring in […]
Why It Matters Who You Hire During Divorce and How to Get It Right
The decisions you make and who you hire during divorce can impact your post-divorce future and your children. Following these recommended steps!
6 Ways to Uncover Hidden Assets When Divorcing
Divorce can be a pricey affair. If you’re currently considering one, there’s a chance that your spouse has been hiding assets. According to accounting firm Grant Thorton, about one in five couples try to hide money in the event of a divorce. About 88% of the time, the party hoarding money was the husband. How […]
What You Need to Know About Debt and Divorce
Debt is an unfortunate part of many of our lives. As much as we try to minimize it, most of us have mortgages on homes, credit card bills, regular car payments, student loans, and more than a few other areas where we owe money. When we get married, we accrue debt for two (more if […]
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