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.
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!
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.”
This Thursday, Morghan Richardson will be discussing Prenups and Property issues at the famed Friars Club in Midtown. Joining will be Compass Real Estate Broker Elizabeth Schwartz. Free event but space is limited — RSVP here. Come join us from 6pm to 8pm for drinks and snacks.
A client that I’ll call “Tanya” had a problem. Her husband was not only sleeping with her best friend, but he ran up more than $35k in credit card debt to take his affair on a trip to Thailand. Tanya was humiliated and angry. “I have done everything for him and the kids while he’s been parading around his girlfriend — my best friend — behind my back!” she said. “He needs to pay for this; I want revenge.” Revenge. Payback. Vengeance. What better place than a divorce court to get revenge on your spouse, right?
But this was Tanya’s realproblem: divorce is not revenge. And divorce court is absolutely not the place to seek retribution. Surprised? Here are my top 5 reasons why divorce is not the place to get revenge on your spouse: Continue reading “Divorce Is Not Revenge.”→