Prenuptial Agreement

No one should get married without a Prenuptial Agreement in place! It doesn’t matter how much or how little you have, you always have to protect yourself! And second and sometimes third marriages—and the extended families that sometimes come with them—require financial and estate planning. Forty percent of new marriages include at least one spouse […]

The “Least Free” States in the United States

According to a study released in August 2016, by the Cato Institute, the “least free” states based on personal and economic freedoms are: Top Five (“free”) : New Hampshire, Alaska, Oklahoma, Indiana, South Dakota Bottom Five (“least free”) : Maryland, New Jersey, Hawaii, California, New York (ranked #50). New York is the “least free” state […]

Personal Dating Counselor

eHarmony has a new perk—a personal dating counselor. For a fee of $5,000 you can hire a counselor to help to spruce up your profile, do screen matches and act as an intermediary for potential mates. The site says it’s for people who are “tired of the time and effort necessary to traditional online dating.” […]

The Marriage Dilemma

There are many reasons why the marriage rate has dropped drastically in the United States, and one may be the student-loan debt. A person who has graduated from a private university and borrowed money to pay his or her tuition could owe as much as $200,000. After graduating many cannot get a job and have […]

New Year’s Resolutions

Many of us start off the new year by making New Year’s resolutions.  It’s a great tradition that has gone on forever. Unfortunately, most of the “resolutions” we make we will never keep. The beginning of a new year is the perfect time to think about how we’d like to improve our lives. Don’t set your […]

Estate Planning Strategies

There are several strategies you should consider when doing your estate planning. First, you should consider making gifts to the beneficiaries of your Will while you are still alive—during your lifetime. This is generally better than giving them money through your estate. Ask your accountant what the estate taxes re gifts currently are. You can […]

Estate Planning

Everyone, especially someone who has recently gotten a divorce, should do their estate planning. The first thing you need to do is to take stock of your assets and liabilities. This can include a list of the value of your home or apartment and other physical assets; recent statements from your bank and brokerage accounts; […]

Credit After Divorce

Every woman should be establishing her own credit from the day she gets married—if not before.  You should have at least two credit cards—an American Express and a bank Visa or Mastercard that are in your name only—no way linked to your husband.  You should also have at least one or two department store credit […]