Prenuptial & Postnuptial Agreements

In the United States, 50% of the people who marry will get divorced.  In 2013, California has been surveyed to have a 75% divorce rate.  The rising divorce rate has become a catalyst for the rising number of couples getting prenuptial and postnuptial agreements.  A 2012 Harris Interactive Poll showed that 44% of singles and 49% of divorcees have thought of...

Divorce Finance – What You Should Be Prepared For

There are a few financial complications when divorcing your spouse.  You should be correctly informed about your filing status as well as your exemptions and deductions when preparing for the tax season.  First, you have to understand that the marital status for tax filing is set as of the last day of the year (December 31).  According to the IRS, you are...

A Five Step Blueprint to Growing Your Money

Mutual funds are supposed to make inventing easy, but picking and managing mutual funds is bewildering for most novice investors. Fortunately, you don’t have to know a great deal about investments to make money in mutual funds. All you need is a reasonable knowledge of your own financial situation and goals, and some basic guidelines for picking the right...

Keeping Custody of Your Pocketbook

Keeping Custody of Your Pocketbook

Each year, more than one million U.S. marriages end in divorce.  Many people forget to plan for the financial impact of a divorce prior to filing. There are many financial decisions that you must think about during divorce in order to minimize the financial impacts of a divorce, and few people give thought to these decisions prior to starting the divorce...

Top Five Financial Decisions to Make After Divorce

Failed relationships are an unfortunate though sometimes necessary part of life. With all of the emotional and legal aspects to deal with, the financial realities are sometimes placed on the back burner. This is a mistake. According to a study from the 1999 Statistical Abstract of the United States, four times as many divorced women with children fall under the...