The baby boomer generation has been divorcing at alarming rates for the past decade or so. In fact, divorce rates over the age of 50 have doubled in the past 20 years. Middle-aged divorce, especially divorce after 50, can have an incredibly detrimental impact on retirement.
Women are disp…
A prenuptial agreement is a contract entered into by a couple before marriage. The prenup spells out the property rights of one or both of the parties involved in the case of death or divorce. When you are setting up your business, you may not be considering how your marriage will impact it, but …
Social security is often misunderstood. Many clients struggle to understand their own benefits, let alone their spouse, or ex spouse’s. Unfortunately, this means many Americans are failing to receive their full benefits. According to a survey conducted by MassMutual more than 55 percent of Americ…
In recent years, marriage rates have hit an all time low in the United States. Some speculate that this is a result of increasing financial independence for women. Without the economic imperative to marry, women are more selective in their dating habits and seek qualities beyond financial stabili…
A prenuptial agreement is a contract entered into by a couple before marriage. The prenup spells out the property rights of one or both of the parties involved. One of the most common situations calling for a prenup in Washington is the second marriage involving children. Why?
Pre-marital agre…
Divorce is never easy but it is especially complicated when you share responsibility for living creatures with your spouse. There are legal guidelines in place to navigate child custody but what about pet custody? Ever increasingly couples share pets instead of children. This presents a difficult…
Many young couples are facing serious difficulties when it comes to entering the housing market. With student debts high and the cost of housing skyrocketing it may come as no surprise that more and more couples are getting assistance from mom and dad to make their first home purchase.
While par…
What is a good amount of spending money for my son in college? That was the question posted to a private university’s Facebook page. Well, my quick, brilliant advice of course was “the amount your kid earns should be his spending money in my humble opinion.”
Well, that was not the desired answ…
Getting a divorce. Work? Kids? Parenting? Owning a business?
If divorce is looming, now is the time to start thinking about money. Divorce can impact your finances for many years to come so get a game plan and follow that plan.
Immediate Costs/Considerations
Each person’s facts are different but here is a list of some immediate financial considerations:…