Author: Morghan

Morghan Richardson is a family and divorce attorney and mediator in New York City. Her firm is Tarter Krinsky & Drogin LLP.

Interview: BBC on Jeff Bezos’ Divorce

What happens when the richest man in the world announces his divorce?

I talk to the hosts of the BBC’s Live at 5 about the possible financial outcomes to the Bezos divorce filing. Most likely there’s a confidential settlement already in the works, as the Billionaire’s announcement signaled an amicable split.

Check it out and discuss in the comments [tune in at 2:53:50]:

https://www.bbc.co.uk/sounds/play/m0001yp9

Next Year I Will . . . Get Divorced!

Morghan Richardson Divorce

As the holidays wind down, statistics show that the start of the New Year brings a spike in the number of new divorce filings. In fact, divorce lawyers call the first working Monday in January “Divorce Day,” due to the increased number of calls. Best estimates reveal that one in five married couples is considering divorce after the holidays Continue reading “Next Year I Will . . . Get Divorced!” →

Interview: Perspectives on Step-Parenting

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My crazy wonderful blended crew!

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.

 

 

 

#Divorce Perspectives

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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.”