Keep Control of Your Finances

We know that divorce can be extremely pricey, and we are dedicated to educating our clients in the ways they can reduce their divorce costs. Starting over a new life after a separation or divorce is hard enough, and debt is the last thing anyone needs when they try to start new. You should at all times know what your combined expenses are if you’re in a...

Credit Ratings

Although credit ratings do not change because of a divorce, if you are not careful, what you don’t do during the divorce can negatively affect your credit. Anytime both names are on a contract you and your spouse together are responsible for those debts. It’s imperative that you take steps to separate your finances. One way to accomplish this is to refinance...

Dividing the Business

When dividing a business as part of the financial settlement in a divorce,  care must be taken to understand the process for the decision making. Generally a family business is an asset and therefore a source of income for both parties. Patricia Barrett, a certified divorce financial analyst makes these suggestions: Determine if the business is community...

Financial Planning Right After Your Divorce

A top priority after divorce is a stable financial plan.  The separation should urge couples to do some “financial housekeeping” to protect all personal finances.  There are crucial measurements that need to be met in order to disassociate from a previous marriage. Identification (e.g., social security card, driver’s license, passports) and personal...

Blending Families and Finances

There are many challenges you will face when being in a relationship.  It is even more challenging  to keep a balance between your past relationship with your new relationship when either relationship includes children.  When there are multiple commitments to family members, dealing with finances can be a sticky situation.  Finances are more often than not a...