When you or your spouse begins divorce proceedings, you both will likely have financial concerns. There are common mistakes divorcing couples make that you should avoid. If you can avoid them, your divorce will go smoother, and it will make it easier for the two of you to make the necessary compromises as you settle your divorce and divide your assets. Financial Don’ts in a Divorce Some … [Read more...] about Financial Dos and Don’ts in a Divorce
Financial Decisions
Keys to Post-Divorce Financial Peace of Mind
One of the biggest concerns people have who are going through a divorce is whether they will be okay financially when the divorce is over. They wonder what their life is going to be like in 10 years. How to Have Financial Peace of Mind After the Divorce If you received a lump-sum payment in your divorce, one way to have financial peace of mind is to invest it wisely. As part of the … [Read more...] about Keys to Post-Divorce Financial Peace of Mind
Pre-Nuptial Agreements and Important Financial Decisions
Despite getting some bad press, a pre-marital agreement should be viewed the same way as a life insurance policy. No one wants to ever have to use it, but people are glad they have the agreement if the need to use it arises. Why Should You Have a Prenuptial Agreement? A prenup can be viewed as a doorway to opening important financial discussions. In the collaborative process, financial … [Read more...] about Pre-Nuptial Agreements and Important Financial Decisions
Divorce: Where to Start in Gathering Information
When making financial decisions during the divorce process, there are documents that are needed to help in the division of assets and building making future realistic budgets. In many marriages, one spouse has handled the finances and the other is in the dark about their family’s finances. The start point is gathering important financial documents for the financial neutral in a Collaborative … [Read more...] about Divorce: Where to Start in Gathering Information