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: email@example.com
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”→
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!”→
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.
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.”→
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.”