There are many financial issues to consider during divorce. The obvious issues involve dividing assets, splitting childcare costs and figuring out spousal support if applicable. But some individuals don’t realize that, during or after divorce, one’s credit score...
Year: 2021
When to consider child custody modification
You already put a lot of time, thought and effort into creating the best possible child custody agreement. Life does not always stay the same though, and recent life changes might also necessitate changes to your custody agreement. There are several situations that...
Are Social Security benefits at risk during divorce?
With divorce comes many challenges. Finances are often the main concern when a couple is considering divorce. As more couples decide to divorce later in life, the possibility of losing Social Security benefits can be a very real concern. There are many factors that go...
Splitting assets in the Bill and Melinda Gates divorce
It’s often challenging to split assets during divorce proceedings. But when a divorce involves high assets, like the one between Bill and Melinda Gates, the challenge is exponentially higher. The billionaire couple owns many real estate properties and much of their...
Using technology to make co-parenting easier after divorce
Technology can be used to simplify life in many ways. A new app, called SupportPay, was designed to make life easier for divorced parents of minor children. This app can be used to create an easy way to keep up with child support payments and other financial...
Getting your finances on track for divorce
Finances should not hold you back from ending an unhappy marriage. However, the reality of daily living can understandably seem overwhelming when you are not sure what your money might look like after a divorce. Instead of putting off filing for divorce, you can take...
Helping children cope with life after divorce
Watching parents go through a divorce can be very tough on a child. Younger children may be confused about why their parents are splitting up and no longer living together. Older kids often blame themselves for the separation. But there are steps parents can take...
Steps to take when preparing for a gray divorce
There are challenges that come with any divorce. But when one decides to divorce later in life, especially after the age of 50, there are some important things to do to be better prepared. Ensuring financial security after a gray divorce can be particularly difficult...
The latest in New Jersey divorce trends
In many parts of the country, divorces follow certain trends, and New Jersey is no exception. These trends may be based on environmental, social, or economic factors. It is interesting to note that divorce trends can also shift greatly over time. These shifts may...
Bill Gates’ multi-billion-dollar divorce
When a couple marries, they may spend their years together building success and finding ways to enjoy that success. Their hard work and good fortune may allow them to enjoy the finer things in life. However, if the marriage comes to an end and a high-asset divorce is...