Building a blended family after a divorce can get complicated. Not only is becoming a step-parent a major emotional commitment but now add in the finances and the dynamics involved in supporting this new expanded family. As a step-parent myself, I know all about this difficult and wonderful journey.
I spoke with MassMutual about the financial concerns when tackling step-parenting. While some tips are obvious (eg. get life insurance), other ideas are more nuanced (consider creating a trust and updating your will).
The article addresses four things that new stepparents should do:
Decide how you and your new spouse will manage household finances.
Update beneficiaries on insurance policies, bank accounts, and brokerage accounts.
Secure or revise life and disability income insurance policies, if needed.
Learn how your changed situation will affect your taxes.
You can read the article here and discuss your step-parenting journey in the comments.
There is no question about it: the court process is taxing, expensive and stressful. Sometimes parties try to punish each other by filing extraneous motions — or even appeals that drag out a case and shoot up the legal fees. You may be struggling to keep your head up, to stay strong, or see the light at the end of the tunnel.
Visualize the results you want and where you are trying to go as your new life comes together. Just keep taking small steps forward.
There is an old joke that is similar in sentiment: “Why is divorce so expensive? Because it’s worth it.”
Penny Williams is a mom on a mission to guide and mentor parents raising kids with ADHD and/or autism. Parent of a son with ADHD and autism, Penny is the author of three award-winning books on parenting kids with ADHD. Penny is the current editor of ParentingADHDandAutism.com, Founder and Instructor for The Parenting ADHD & Autism Academy, and she also hosts the Parenting ADHD Podcast.
I talked with Penny about the difficulties of dealing with divorce and co-parenting kids with ADHD, especially when the parents don’t agree on ADHD treatment and parenting. There are ways to pre-plan for these parenting disagreements during the divorce process, as well as resources and recourse for resolution after.
Listen in on our discussion and leave your thoughts in the comments!
Jessica insisted that her husband could be reasonable in the divorce, despite his threats of physical harm and emotional abuse. She agreed to mediation anyway. Months later and mediation stalled as he slowly stopped cooperating. Then Jessica was surprised with a huge motion full of lies that kicked her out of their house and ordered her to stay away from the kids! Suddenly she had to fight false claims for months to get her kids back.
Jessica was divorcing a narcissist. She believed his offers to settle all while he underhandedly created a false and exaggerated case against her that would take years to undo. If you are divorcing a narcissist, be prepared for a guerrilla-warfare divorce. How do you know he’s a narcissist and how do you approach your divorce? Continue reading “More Than Just a “Difficult Divorce” – He’s a Narcissist.”→
Listen in as I take on two psychotherapists, Dottie and Diane, and we discuss the challenges of divorce and the success of living your best life.
Diane Shrock, LMFT is a practicing psychotherapist and International Performance Coach. Dr. Dottie (Dorothy) Martin-Neville is a psychotherapist in private practice and founder of an Institute of Healing, a non-profit research Institute. Their podcast challenges listeners to become the leaders of their lives by Double Daring them to jump in and live their authentic truth.
Divorce often intersects with couples therapy. Many times my clients are just coming to new realizations about their marriage during couples counseling or have tried many times over to make it work. Two excellent therapists and certified coaches that I had the chance to speak with are Poppy and Geoff Spencer. Their work and their marriage — to each other — has been documented in their #1 bestselling book “One Billion Seconds: There’s Still Time to Discover Love.” This dynamic pair discussed a host of different issues when it comes to the realization that a divorce may be on the horizon on the podcast: The Relationship Restaurant. The podcast focus is on “a figurative place where you can feel comfortable and safe to explore your relationship questions and concerns, so you can create your very own heart healthy relationships.”
There are many rules and restrictions on things like how you spend your money to how you parent your kids during divorce that take people by surprise. I talked to a reporter at Moneyish about some of these surprising restrictions and what they mean during divorce.