Failing to consider all of the financial ramifications of divorce can have catastrophic consequences, so think twice before you act.
Debt and Divorce
With issues such as spousal support, child support and child custody now being a part of your life, it’s important to be prepared before filing taxes after divorce. Tax day is almost here. If you have recently gone through a divorce, you may or may not have thought about how it will affect your financial […]
Don’t go through divorce alone: build a divorce team! Here are a few professionals that should be playing and not warming the bench.
Learn and Prepare for Your Divorce Expenses Getting married can be one of the most magical experiences a person ever has. However, sometimes an “I do” simply turns into an “I don’t” and, in those trying times, the world can seem as though it’s been flipped upside down entirely, with a long list of divorce […]
Can marital interests in property ever be declared to have existed before the actual date of marriage in Ohio? The answer is “yes” if it would be “inequitable” to decide otherwise. Every so often we have someone call in talking about the fact that they were living with their husband or wife for a number […]
Worried your husband or wife might be hiding money before a divorce? Divorces are stressful enough without having to worry about whether your and your spouse’s assets will be divided properly. Unfortunately, plenty of people seek hidden assets before a divorce; in fact, there are even articles about how best to do it. Unfortunately, human […]
During divorce when emotions are careening out of control, one spouse often believes that the other party may be hiding assets. In 2011, The National Endowment for Financial Education (NEFE) released a study finding that 31% of people who combined finances with their significant other have been deceptive with their spouse/partner about money. Of those […]
It’s that time of year again. Resolutions and new beginnings are at the forefront of everyone’s mind. The decision to get a divorce is one of the top New Year’s resolutions – hence the reason January is dubbed “divorce month.” Once the decision to leave a marriage is made, fear, guilt, and uncertainty begin to flood in, […]
Bullying doesn’t just happen on the playground. Many people feel bullied during divorce, either by their spouse, their spouse’s attorney, or the court system. As a trained mediator working with clients through the divorce process, I encourage my clients to stay empowered so they don’t feel like they have little or no control over what […]
Divorce can be draining on your emotions and affect your life more than you imagined. If bankruptcy is piled on top of it, it can become even more stressful. If you and your spouse have made the decision that divorce is your best option, your finances could be affected, as divorce is commonly cited as […]