Here’s some good news about your divorce. If you were married to your ex-spouse for ten years before your divorce became final, you are entitled to Social Security benefits based on your spouse's earnings by operation of federal law. That means it doesn’t have to be...
Finances Resources
How to Handle Joint Accounts During a Divorce
Description of Joint Accounts Joint accounts are commonly used by couples to handle their finances together. These accounts can be convenient for paying shared expenses such as rent, utilities, and groceries. However, when a couple decides to divorce, joint accounts...
Why Your Post-Divorce Budget Shouldn’t Rely on Child Support
No amount of money can replace time with your children, so though we all know how expensive children can be, most mothers and fathers negotiate hard to gain some amount of child custody during the divorce. If you are considering divorce or have already started the...
How to Save Your Business in a Divorce When You Didn’t Have Time to Plan
Your marriage is coming to an end, and on top of the emotional event, your business could be in jeopardy too. You’ve spent years of your life painstakingly building your business into a thriving enterprise, but now your spouse could seek an ownership stake as part of...
How Much Do I Need to Save for a Divorce?
For many women, the realization that a marriage is failing is a long, agonizing road. Oftentimes, a woman will know the truth in her heart for months before she builds up the courage to have that difficult conversation with her husband. If you are nearing that point,...
What Divorce After 50 Means For Your Retirement
The National Center for Family and Marriage Released a surprising study that showed divorce rates between adults 50 and older have doubled between 1990 and 2010. Now, 1 in 4 divorces in the United States is between couples over 50. On some level, this is good news. It...
From Two Incomes to One – What’s Going to Change After Divorce
One of the biggest benefits of marriage is that it often increases a couple’s financial stability as they combine their incomes and enjoy the savings of shared costs. In fact, in 2014, the average married couple filing taxes jointly reported an income of $117,795....
Five Unique Challenges of a “Gray Divorce”
If you are over the age of 50 and have decided that it's time to finally unshackle yourself from the old "ball and chain," you are not alone. In fact, you are part of the gray divorce boom. High-profile divorces, like Bill and Melinda Gates and Jeff and MacKenzie...
What Does a Certified Divorce Financial Planner Do?
Divorce is an emotional rollercoaster, but at its core, it is also a financial transaction. You are not only unwinding your emotional life, but also your financial partnership. Considering that women often face a significant loss in their standard of living after...
How to Improve Your Credit Score Before a Divorce and Why It’s Important
After your divorce, your credit score can go a long way toward making your transition a little easier or a lot more difficult. Your credit score will come into play if you want to refinance your home to get your ex-husband off the mortgage or if you want to rent an...
Five Things You Need to Know About Filing Your Taxes After a Divorce
If you are either in the process of getting divorced or got divorced last year, then you may be facing a totally different tax situation than you are used to. Take care! You don’t want to accidentally lose out on some big new deductions you weren’t aware of or claim...
What If We Can’t Sell Our House After a Divorce?
My husband and I bought an aging farmhouse in rural Ohio at the top of the market. Almost ten years later, housing prices in our area still haven’t bounced back up. We’re underwater, and there are big repairs we could never afford to make, which will make it even...
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Ready for a Support Team?
An initial meeting will provide you with a roadmap that you can use throughout the divorce process based on your needs.