Divorce is a major life event that can be emotionally and financially challenging, so it is important to carefully consider your options to minimize the financial impact. If not handled carefully, the divorce process can quickly become complicated and expensive. But, it’s important to remember that while divorce will always cost money, there are ways,…
Going through a divorce is a difficult and complex process, especially when the desire for separation is not mutual between spouses. When one spouse wants a divorce but the other wants to stay together, emotions can run very high and there can be a lot of uncertainty, making an already challenging process even more challenging….
One of the hardest parts of any divorce is dividing assets. If you and your spouse own a home, it is likely one of the biggest assets you own which makes determining what to do with it particularly challenging. Deciding who gets the house is not only an emotionally challenging task but with inflation and…
No matter how long you’ve been married or whether or not you share children, divorce is a life-changing decision that will impact various aspects of your life. There is far more to initiating the divorce process than simply telling your spouse and hiring an attorney. As a wife, there are many things you should do…
Divorce is a challenging and emotionally charged process, regardless of your age. But, when older adults divorce, also known as “grey divorce,” the stakes can be higher than they are for younger couples. Recently, there has been an increase in divorces among couples who are 50 years and older. Navigating the complexities of separation and…
Separation and divorce are complicated, lengthy processes and by the time you are ready to proceed with legal formalities, a spouse may have moved out of state. People often worry that they must remain in the same state to complete the divorce process but this is actually not true. Although every state has different laws…
Divorce is challenging in the most optimal of circumstances but when one spouse is struggling with addiction, the process can be substantially more challenging. Addictions of any kind, whether to substances such as alcohol and drugs or behaviors such as gambling, have a profound effect on not only the addict but their family and friends…
Marrying someone only to find out years later that the two of you are incompatible is not uncommon but that doesn’t mean it isn’t difficult. Deciding to divorce begins the process of splitting everything accumulated during the marriage including the home. Finding an Appraiser Whether one of you decides to remain in the home or…
Whether a divorce is amicable or contentious, everyone wants to protect their own financial interests. If you have an existing prenuptial agreement, some things may already be decided but even with a prenup, some things may need to be negotiated and things may have significantly changed since you first drafted the prenuptial agreement, necessitating a…
How a Reverse Mortgage Might Help In Certain Divorce Scenarios When most people currently think of a reverse mortgage, they have some degree of anguish. I would like to be the first to tell you that will soon change. I believe this because in the relatively short time I have been studying and recommending reverse…
Mortgage Options in Divorce The process of a divorce is never an easy transition. One professional you need to have in your court is a knowledgeable mortgage professional. Hiring an experienced loan officer can help minimize some of the pressure you’re already under during this life challenging event. What options will you both consider? What…