Four Things That Will Double The Cost Of Your Divorce (And How To Avoid Them!)

Nothing runs up your legal fees in divorce faster than urgent phone calls and late night emails to your lawyer. Dialing your lawyer about custody or possible arrest is reasonable. But some things are not urgent: your blender is not an important part of your divorce (even if it is a “Vitamix”).

But your world is turned upside down right now! That’s why you hired a lawyer – to guide you with pragmatic and unemotional response to your life drama. Here are my top 4 tips that will keep your legal fees in check:

Continue reading “Four Things That Will Double The Cost Of Your Divorce (And How To Avoid Them!)”

Top 5 Lessons From a Divorce in Space

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Astronaut Anne McClain is facing the first allegation of a crime committed in space, reports The New York Times. McClain’s estranged wife, Summer Worden, accused the astronaut of accessing her bank account while on a six-month mission aboard the International Space Station. The pair have been in the midst of a separation and custody dispute over their young son for the majority of the past year, according to The Times.

Here are my divorce lessons from this story: Continue reading “Top 5 Lessons From a Divorce in Space”

Vlog: New York Alimony and Child Support Basics

Vlog: New York Alimony and Child Support Basics

This Vlog is a short chat about the basics of Alimony (called “maintenance” in New York) and child support under the statutory framework. Keep in mind that these are quick explanations of complicated areas that have many exceptions. But I give you the basic run-down on what we are talking about when looking at maintenance and child support figures – a good starting point before any deviations or exceptions!

Questions? Feel free to join in the comments or send me an email.

 

Vlog: Prenup Season is Here!

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Forget March Madness – Prenup Season is here!

We are a few months out from summer wedding season, which means that the time to talk prenups. Talking about it now will give you time to consider the agreement, negotiations and hopefully not add to the pressure you might be experiencing as the wedding draws near.

Why get a prenup? A typical prenup sets out what is viewed as marital property and what will remain separate property. It addresses who gets financial support and how much.

In this short Vlog I talk about reasons why to get a prenup, reasons why prenups can be overturned, and some interesting things you might want to put in your agreement.

 

Still have questions? Join the discussion in the comments or give me a shout (now, come on and shout now! Heeyyy-eyyy!) to discuss your pending nuptials: mlr@dhclegal.com 

How To Save Money In Your Divorce

The path to success is to take massive, determined action.

Nothing will increase the cost of your divorce case faster than failing to weigh the cost of the fight. Here are my top four tips about what is really worth fighting for and what you need to learn how to let go: Continue reading “How To Save Money In Your Divorce”

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.