If you and your spouse decide to part ways, you have a lot to think about, including who will assume responsibility for what debts. While you and your spouse may have shared the financial load during your marriage, outstanding liabilities can quickly become a...
Emotional responses to divorce
Even if you try to look at your divorce as a business transaction, which it is, it is also an emotional process. Emotional responses are a natural and inevitable part of a divorce. Therefore, your objective should not be to avoid emotion, which is impossible, but to...
What should you avoid when coping with divorce stress?
During a divorce, you must overcome financial, emotional and mental hurdles. There will be days where you deal with high levels of stress and anxiety. Fortunately, if you know what not to do during a divorce, there is light at the end of the tunnel, claims Huffington...
Guarding against 401K losses in a divorce
Divorce is commonly associated with so many losses in a person's life, including financial losses. The need to divide a marital estate unfortunately makes this an inherent part of the process. However, when it comes to splitting a 401K account with a spouse, a person...
How smart home devices can affect your divorce
When you first purchased your smart home device, you likely thought little of its uses beyond making your life more efficient. Yet, if you are preparing to divorce your spouse, your device could prove helpful during proceedings. Its technology can provide clear,...
Consider the tax issues if divorcing after the age of 50
Divorce after the age of 50 is increasingly common, but it brings issues that affect older couples and women in particular. Women should pay special attention to tax implications, such as those associated with property division, illiquid assets, and alimony....
Pet custody decisions rise in divorces
More and more people today seem to have pets as part of their family than in prior generations. At the same time, the regard given to family pets has changed over time as it is more common today for people to consider their dogs or cats as members of their family, not...
Preparing for divorce
Whether you and your spouse agree or not, your marriage is over. The steps you take next may very well help set the course for how the divorce process moves forward. Preparing yourself for divorce plays a significant factor in how you fare. Our team of professionals...
3 tax concerns when dividing retirement accounts
You may know exactly what you want out of your marriage. While that is fine, there may be certain aspects about dividing your property that you do not think about. You must ensure that whatever division of property you come up with is beneficial in every aspect. This...
