Vows of financial security for women thinking about divorce
It is estimated that over 60% of divorces are filed by women. Yet asset protection attorneys will tell you that men are the ones who will protect their assets at the first sign of marital discord (if not before), while women will leave themselves financially vulnerable. If divorce is on the horizon (or even if it isn’t, but you want to protect yourself), before you mention the “d” word, consider a few simple strategies to ensure your financial security.
Patricia Donlevy-Rosen is an AV® Preeminent™ rated Attorney practicing law in Miami, Florida, as a shareholder in the firm of Donlevy-Rosen & Rosen, P.A. Donlevy-Rosen & Rosen, P.A. is listed in Martindale-Hubbell’s Bar Register of Preeminent L...
View Full ProfileHow to handle your finances and pay the bills during a divorce
Going through a divorce is a stressful and trying time. With the divorce rate in the United States hovering around 50 percent in recent years, more and more Americans are dealing not only with the emotional toll that comes with divorce, but also the logistical challenges of splitting up.
Katie Ross joined ACCC's management team in 2002 and is currently responsible for organizing and implementing high performance development initiatives designed to increase consumer financial awareness. With more than more than thirteen years of ...
View Full ProfileRecent ArticlesDo not just divide assets and debts in divorce—consider a buyout
Spouses going through a divorce will need to divide both assets and debts acquired during the marriage. On occasion, one or both of the parties may wish not to sell a home, whether it is the primary marital residence or a vacation property. This decision, however, will impact both spouses unless the spouse retaining the house (i) has sufficient resources to "buy out" the other spouse, and (ii) has the ability to remove the other spouse from the mortgage.
Mr. Wolfe focuses his practice on business litigation and matrimonial disputes. In 2013, Mr. Wolfe was named one of the “500 Leading Lawyers” byLawdragon in 2012 and 2013. In describing Wolfe’s accomplishments, Lawdragon noted: “Proving his di...
View Full ProfileAdvice for women on calculating your financial needs after divorce
Usually one the first steps in finalizing a divorce involves calculating a woman's financial needs after the divorce is finished. When you manage and organize your debt, finances, assets and liabilities, and negotiate, you can find financial peace of mind, and ensure that you are covered fiscally.
Women: plan for retirement and secure your future after a divorce
You’ve signed that last piece of paper to make your divorce final, and maybe you’ve celebrated your new-found independence, but now it's time to start thinking about your own financial future. And, no matter what your age, an important part of securing your future is planning for retirement.
Kimberly Clouse is Covestor’s Advisory Board Chair and Chief Client Advocate. She partners with families, family offices, and foundations to help them navigate investment advice and make more informed decisions. A seasoned financial services exe...
View Full ProfileRecent ArticlesExpert advice on how to best divide assets during a divorce
Dividing assets can be tricky, but it also is one of the most important aspects of a divorce. Once an agreement is reached, or a court decides the division of assets, it is final. Because of this, it is important to identify all assets and liabilities and to make sure they are divided equally and fairly.
South Florida Family Law Attorney Lori Barkus has 15 years of legal experience. She is a Florida Supreme Court Certified Circuit Civil and Family Law mediator, guardian ad litem and is trained in Collaborative Family Law. She handles matters ...
View Full ProfileRecent ArticlesProtect your financial well-being and future during separation
Nobody wants to plan for a divorce, but it is vital to protect yourself in the event it happens. Should a divorce be on the horizon, it is important to follow this advice to put yourself in a stronger financial position and shield your relationship with loved ones.
Latrice Milton is the owner and designer of Milton Divorce Coaching, Inc. a unique divorce coaching business that serves the needs of women during any stage of the divorce process - pre-divorce, during divorce and post-divorce. Milton, also the...
View Full ProfileRecent ArticlesFinancial advice for women going through divorce after a long marriage
Divorce at any age is life changing. The key to success, to ensure you are financially in the best shape possible, is to get professional financial planning advice that is specific to divorce. With comprehensive, divorce-specific advice you won’t limit your opportunities, now or later in life. The older you are the less time you have to recover from decisions made in haste, especially decisions related to financial matters.
Clari Nolet, CDFA(TM), is dedicated to helping women thrive financially and otherwise after a divorce (just as she did many years ago). Clari’s mission as a women’s personal wealth advisor is to educate and enable clients clearly visualize their...
View Full ProfileHow splitting marital and nonmarital assets works in divorce
When people are going through a divorce, the judge will typically conduct an equitable property division in the final orders and decree. Not all property is considered to be marital property, however, leaving some to not be subject to division.
With extensive experience in all aspects of marital dissolutions, Kathleen M. Picotte Newman has represented many complex and ongoing matters in the personal, financial and business interests of her clients. You will likely first notice her quie...
View Full ProfileRecent ArticlesHelp for dads paying child support or alimony after a job loss
Frequently, finances change for divorced dads after a support order is settled, leaving him unable to pay the required child support and/or alimony. Many times, the change in finances is due to the loss of a job.
There are ways you can help yourself in this situation as long as you do everything in your power to not skirt your legal responsibilities. Follow this advice on how to handle child support or alimony payments after the loss of your job or a significant portion of your income.
Sari M. Friedman has over 30 years of legal experience and has dedicated her career to protecting families throughout New York who are being torn apart by a divorce or who need experienced assistance with a legal matter of any kind. Sari Friedma...
View Full ProfileRecent ArticlesAdvice for women on determining financial needs after divorce
For every woman there is a different divorce story. Some have relatively amicable splits while others experience heartache at every turn. One piece of your own story that you can control is determining what your financial needs will be after the divorce. Decide what you need from your settlement and use tools, resources and a team of professionals to assist and support you in the process. This is one part you don’t have to face alone.
The focus of my practice is on women in transition; women who are changing employment, entering into motherhood, going through a divorce, widowhood or preparing for or starting retirement. I use tools from my social work background, such as a...
View Full ProfileRecent ArticlesAdvice on how to split your assets in a divorce
When dividing up assets, it’s important to remember that emotions should play no role in this aspect of the divorce, or both parties will pay the price in the form of high lawyer’s fees and aggravation. In order to make sure this process is orderly, this aspect of a divorce should be treated as a business transaction. Follow this advice to make the splitting of assets as easy as possible.
Silvana graduated cum laude from Syracuse University College of Law with her J.D. and received a B.A. from Trinity University. Fluent in Romanian, Silvana is admitted to the bars of the State of New Jersey and New York, U.S. District Court o...
View Full ProfileWomen: a divorce financial planner can help you fairly divide assets
Divorce is often one of those all-consuming life events that can have significant consequences and implications for a woman’s future. In many cases, the division of marital assets is a crucial process with many pitfalls. Due to the highly-charged emotions that often accompany a divorce, as well as the lack of financial knowledge by the attorney or the client herself, the potential for significant mistakes is huge.
Kevin is a Certified Financial Planner™ practitioner and college planning specialist with Wealth Management Resources, Inc., a Registered Investment Advisor, in North Smithfield, RI. He has been helping families of all income levels with college...
View Full ProfileRecent ArticlesExpert advice on debt and credit when getting a divorce
Whether it comes before or after the papers are signed, economic hardship is all too familiar to many couples who divorce. Following a few guidelines can clarify the debt and credit situation, and ease financial stress during this difficult time.
Kevin has worked with Freedom Financial Network since 2005. Before that time, he held the position of enrollment sales supervisor for Nationwide Financial Solutions in Tempe, Ariz. Kevin also has worked as a business analyst and customer service...
View Full ProfileRecent ArticlesAchieving financial independence after divorce offers a fresh start
Giving others control of your finances during marriage is never a good idea; however, in the name of love, we let it happen. But once you decide to take back control of your financial destiny, a whole new world will begin to open. You will start to use your inner talents, gifts, abilities and experiences to achieve a greater sense of freedom, sprinkled with happiness along the way. While the journey to creating your financial independence after divorce is not an easy one, it is an important one that lies solely on you.
Silva Mirzoian has been called a Dream Weaver by The Entrepreneur Magazine. She is a Lifestyle Developer, Women’s Advocate, Wealth Creator and a Lifestyle Designer. As a successful property developer, Silva converted her successful real estate d...
View Full ProfileRecent ArticlesFinancial advice for women going through a divorce
It makes no difference whether it’s you who makes the decision to go through a divorce, or your partner decides for you, it is still an extremely difficult and emotional time. You are in an “emotional crisis zone” and may want to pull the cover over your head because your life isn’t turning out the way you anticipated it would. You will need to force yourself to focus on, and take care of, important “money” issues during this time as they can have a very strong impact on your financial future.
Holli Rovenger is known as an Empowerment Expert working with women, and some smart men, so that they can become the best they can be. This results in increased self-esteem, self-confidence, more money, improved health and fitness, better relati...
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