Understanding the process of divorce and the long-term impact of decisions made during your case is…
New Trust Decanting in Massachusetts Ruling Allows Transfer to a Spendthrift Trust
Gray divorce can often lead to significant financial stress, as the bills that were once paid by two now must be paid independently.
Even after you're legally separated, there may be lingering financial ties that bind you together. You risk serious ramifications if you and your spouse don't discuss how to handle the debt after the separation.
Before committing to going through a divorce, make sure you are prepared for the financial changes that divorce brings.
“Compulsive Buying Disorder” – or “spendaholism” or being a “shopaholic” – is characterized by poor impulse-control. It has the potential to create emotional and financial distress, both of which can wreak havoc on a marriage.
Financial cheating doesn’t involve private meet ups or flirty texts, but it is still a significant form of deception – and it entails secrets and falsehoods that can destroy a relationship.
If you are one of the increasing number of married couples going through divorce after 50, making finances your top priority and setting financial goals could help you protect your future.
Before finalizing a divorce, it's important for individuals to consider obtaining a financial order – which can help prevent ex-spouses from making financial claims in the future.
Here's a preview of the nine new podcasts and videos that have just been released at The Divorce School.