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.
Every married woman needs at least $5,000 in a bank account in her own name — no matter what her husband thinks.
Far too many women are going to reject this mandate as an act of marital treason. Let’s be clear: I didn’t say the account had to be a secret. I leave that up to the individual woman. Nor did I suggest that you shouldn’t care what your partner thinks. In a healthy relationship, you should absolutely care about his opinion. But you should have an account, regardless.
You’re an adult. You should have some access to cash in your own name, not because it is a “divorce slush fund,” but for scads of other reasons. Continue reading “Women: Why You Need Your Own Bank Account”
Marcy hadn’t worked in four years and suddenly was faced with an amazing six-figure job offer – but the offer came right in the middle of her extremely nasty divorce. “Should I take it?” she asked. “What about child support? Alimony? Custody?” My answer was absolutely YES – take the job! Here are my top 6 reasons why you should take the job, regardless of your divorce:
Continue reading “Job Offer During Your Divorce? Don’t Be Afraid To Take The Job!”
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 real problem: 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.”
I know an amazing mother of four children. She is on her second marriage and this time, the marriage is extremely successful. She and her caring, supportive husband are both school teachers. They have two-year-old twins and a house with — literally — a white-picket fence around it. It wasn’t always this way. Continue reading “How To Squirrel Away $5,000 & Win At Your Divorce”
At a time when #divorce is becoming less common for younger adults, so-called “gray divorce” is on the rise: Among U.S. adults ages 50 and older, the divorce rate has roughly doubled since the 1990s, according to a new Pew Research study. Gray divorcees tend to be less financially secure than married and widowed adults, particularly among women. And living alone at older ages can be detrimental to one’s financial comfort and, for men, their satisfaction with their social lives. www.RichardsonLegalPLLC.com
All of your reasons for getting divorced are totally valid. But what do you tell your friends? And how do you respond when your coworkers or your mother says “not to throw a good man away” or “she’s not so bad, try harder.”
I’ve seen it in my practice a million times — a spouse comes up with a million reasons why their ex- is a horrible person, shouldn’t see the kids and should be in jail. (The term “narcissist” is trending but I doubt the numbers of diagnosed narcissism has risen.)
The real culprit: Divorce guilt. Continue reading “How to REALLY Win Your Divorce”