Family Estate Planning

Few people plan to die young—and almost everyone assumes they will live a relatively long time. Nothing brings reality into sharper focus than hearing about a family who suffers financially as a result of poor financial or estate planning. The death of Philip Seymour Hoffman in 2014, who passed away suddenly and unexpectedly, brings this […]

Senior Love

Often after the death of a spouse or a divorce, seniors find themselves in love again. But is marriage necessary? For financial reasons, many older couples make the decision to live together, but not get married. A partner who remarries stands to lose social security or a survivor’s pension. She (or he) may also lose […]

Divorce Settlement Mistakes

During a divorce the emotional stress can make you just want to run away.  It is considered as emotionally overwhelming as the death of a parent or a spouse. When it is time to negotiate a settlement, sometimes you are too beaten down to focus on every facet of it. Financially this may be your […]

Pre-Prenups

Cohabitation in the United States has increased by more than 1,500 percent in the past half century. In 1960 about 450,000 unmarried couples lived together. Today the number is more than 7.5 million. The majority of young adults will live with someone in a romantic relationship before they marry; and more than half of all […]

Prenuptial Agreement

No one should get married without having a Prenuptial Agreement in place. A Prenup is an agreement between two people that deals with the financial consequences if their marriage should end. It is used to protect your assets going into the marriage as well as future assets. It also protects you against premarital debts your future spouse may have.  Even if you have very […]

Divorce Worst States

A Bloomberg list ranks getting a divorce in the U.S. according to the following factors:  minimum separation period and required separation period; minimum length of residency; minimum waiting period after filing for divorce before the divorce is final; filing fees; and the minimum time from start to finish.  According to the list, the top ten worst states to […]

Senior Marriage

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 Future of Marriage

Is there a future in marriage?  A Pew poll in 2010 found that a whopping 50% of young Americans, and 40% of all Americans, believe that marriage is becoming obsolete. There are others who want to revive the “traditional” marriage, get rid of no-fault divorce laws and change the attitudes about marriage. It is interesting that at […]