The emotional costs mount for people wanting to get a divorce from an unhappy marriage. Some people stay married indefinitely because they don’t know if a divorce will leave them with enough money to make it on their own. In marriages where domestic violence exists, some wives endure years of abuse because they can’t be sure […]
Family Court judges have needed a formula to avoid unfair settlements, because the amounts and payment schedules are usually decided by them. Judges are on their own in deciding how to prioritize the various factors and how to translate them into dollar amounts—resulting in wildly inconsistent alimony awards. The unpredictability of alimony rules imposes unnecessary costs. […]
Everyone should be proactive about monitoring their personal financial data. Credit reports have become consumers’ passport to the financial world. It is very important that you make sure that the information in your report—that is used to formulate your credit score—is accurate. You are entitled to one free report annually from each of the three credit bureaus—Equifax, […]
Anyone who is faced with the challenge of going through a divorce is at a stressful time in their life and needs the best assistance that they can get. One of the most essential parts to a successful divorce case is locating and hiring the right divorce attorney for your case. This is critical because […]
Romance is wonderful, especially for a “senior”—but marriage has to be thought out carefully. The financial implications are the most important thing to consider. Living together without getting married may make the most sense. But if marriage is what you want, you have to have serious financial discussions before you take the step. Proof of your income, […]
The Census Bureau has reported that in 2010 only 48 percent of American households were represented by married couples. This is the first time that figure has dropped below 50 percent. This is down from 78 percent in 1950—the days of “Ozzie and Harriet” are gone. Just a fifth of households were traditional families—married couples […]