Losing a spouse through death or divorce can be emotionally devastating and is often a difficult time to make important life decisions. Yet it’s this very time that attention needs to be paid to important financial matters such as retirement assets, budgeting on a single income, appropriate insurance, or reviewing Social Security benefits. Should you become […] READ MORE
A Strong Sense of Saving Women have become a stronger force than ever in the fight for equal pay in the workplace. With high hopes that one day men and women will be paid equally, women seem to be winning in one area already – saving. A Vanguard study of participants in the […] READ MORE
You and your soon-to-be ex-spouse have both saved and invested for the long-term within retirement plans, accumulating sizable nest eggs. But what is going to happen if you should become divorced? Will will own the assets and how? In a divorce, the former spouse and dependents may be entitled to a portion of the retirement […] READ MORE
Nothing like a little foresight to protect yourself! Even a mutually agreed upon divorce can turn ugly when the issue of money arises. When the process of litigation can run up the legal fees quickly, financial pain for both of you is not far off. Preparing Well: While a peaceable divorce can be a simple division of […] READ MORE
Getting divorced is a major financial transaction not to be taken lightly. As such, it can have serious tax implications, including some pitfalls you’ll want to avoid. This is especially true when it comes to splitting up tax-favored retirement accounts between you and your soon-to-be ex. You’ll need to plan ahead to make sure the […] READ MORE