Divorce Financial Planning

Individuals usually want to provide for their spouses no matter what happens in their lives, which means that they generally include them as one of the primary beneficiaries in their estate plans. People also usually trust their spouses, which often means that they...

When you’re going through a divorce, there are a lot of different things that you need to address – not the least of which is the management of joint credit cards and credit card debt, which can quickly become a source of stress and contention in your divorce if not...

The family law system utilizes many unique words and phrases that people will need to learn about as they prepare for divorce, as people generally need to understand the rules that govern issues like property division and shared parental responsibilities so that they...

Some of our readers have likely been following the divorce of former Kentucky Gov. Matt Blevin and his wife. You may have seen that Mrs. Blevin stated in her divorce petition that she is "unable to support herself in the manner to which she has been accustomed during...

Most people collect alimony – also known as spousal support – once a month. They view it similarly to child support, as their ex has been ordered to pay for a certain number of months after the couple’s divorce. However, this is definitely not the only way to receive...

It’s important to predict divorce if you can. If you understand that it’s coming, that knowledge gives you time to take important steps to prepare for the divorce. For instance, you can gather your financial documentation and take an inventory of the assets that you...

One of the biggest changes that you have to deal with during a divorce is figuring out finances. This can be challenging because you still have to support basic life needs, but you’ll only have your own income to rely on. There are a few things to consider that may...

The word mortgage is a French term that literally means death pledge. The name reflects the level of commitment involved in such agreements and also the many years that are generally required to pay a mortgage off in full. The average mortgage lasts for 30 years,...

Determining what to do with your family home as you divorce can be a challenge. However, even if you’ve gotten that sorted out, what if you have a rental property as well? That can be even more complicated. Whether you’re renting out your starter condo or home or a...

It is prudent to keep track of your finances in the lead-up to your divorce and during the proceedings. That way, you will understand when something is wrong and take appropriate action to protect your financial interests. Among the things you should be wary of is the...