When one spouse makes substantially more than the other, that can lead to greater financial issues for the spouse with less earning potential after a divorce. Particularly if that spouse stayed out of the workforce to care for the family home or to raise children, it may be reasonable for the courts to order alimony, also […]
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Six financial reasons why people get divorced
Some people say money makes the world go around, but it does more than that. It drives people through their careers and relationships. And apparently, it also tears some marriages apart, according to Business Insider. Most common money-related reasons for separation Often, finances cause significant marital strife, but what specific reasons cause couples to finalize their […]
Read More3 Steps you can take to prepare your finances for divorce
It’s no secret — divorce can be costly. The last thing you need to worry about when you’re dealing with the stress and emotional toll of a marriage that’s ending is supporting yourself financially. When you take the following proactive steps, you can prepare yourself and your bank account for divorce and even maintain financial […]
Read MoreFinancial infidelity during marriage can mean problems in divorce
Any infidelity can be painful, but financial infidelity cuts deep. Financial infidelity is when one spouse hides assets, income or debts from the other. It can mean finding out suddenly that you’re much more deeply in debt than you expected. It can have real-world consequences. It can hurt, so much. It can cause you to […]
Read MoreDivorce prep can start well before your case begins
As you already know, your life is different from anyone else’s. No matter what you go through, it will always be different than how someone else experiences it, even if it is a similar situation. As a result, you may want to remember that, even though numerous other people have gone through divorce, your case […]
Read More5 tips to calm your stress and anxiety during a divorce
Divorce was not the end game you had intended. But sometimes, after other avenues of reconciliation have been exhausted, divorce is the one that’s left. It can be freeing and seen as a new chapter in your life, but that takes time. Initially, divorce is often a stressful, anxious, temperamental, and nonconforming experience. Intense and […]
Read MoreHow to expedite the divorce process
Massachusetts has two classifications for divorce. The first is an uncontested divorce, otherwise known as a 1A divorce. It is the fastest way to obtain a divorce, and it occurs when both spouses agree to the terms of the separation and simply submit the necessary paperwork for a judge’s approval. There is also a contested divorce, or […]
Read MoreGetting through a high-conflict divorce
A divorce is never the ending couples anticipate when first committing to marriage. It is often the last resort when the two can no longer function as a singular unit. There are a variety of divorces, and no two occur in the same fashion. Because all individuals differ, the circumstances surrounding the divorce vary as well. When […]
Read MoreA look at the financial impact of divorce after 50
If you are 50 or older and facing divorce, you need to look at the financial impact this parting of the ways will have on your financial future. Start by learning all you can about your current finances. Using this information as a starting point, work out a plan for ensuring that you will have […]
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