Women who divorce after the age of 50 face financial pitfalls they would not have had to dodge at a younger age. If you are a member of this group, you must employ financial savvy to ensure a secure post-divorce future. Understand your finances If your spouse has been in charge of your marital finances, […]
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When divorce involves the division of qualified assets like an IRA, annuity or 401(k), spouses must consider tax implications. Kiplinger explains tax consequences that may influence how couples split qualified assets. Distributing IRA funds may trigger a penalty An IRA may be marital property if one spouse opened the account during marriage or made contributions with
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Even if your divorce is an amicable one (which it may not be), it is likely that the process is not enjoyable. Thus, it is natural to want your divorce over with as quickly as possible so that you can get on with rebuilding your new life. However, trying to rush divorce often ends up
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Money often plays a central role in many a marital dispute. In some situations, it may even contribute to the irrevocable breakdown of a marriage. A spouse experiencing this should pay close attention to their partner’s actions, especially if they suspect some assets are being hidden. Today’s electronic world may make it easier for some
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The bond between a child and his or her mother begins at the moment of birth but forming a solid father-child relationship takes a bit more time. Fathers certainly have rights with regard to their children, but if the parents divorce, what happens to those rights? More time together Organizations that champion the rights of
Divorced dads want to share in the lives of their children Read More »
Divorce is an emotionally-difficult process, and many people do not like to think about the costs associated with it. Particularly if you are looking at a high asset divorce, it is possible for the divorce itself to cost tens of thousands of dollars. Thinking about how to save money on your divorce may not be
How can I save on my divorce? Read More »
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