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For most people, the divorce process is emotionally draining and mentally exhausting. Even if you feel like you are clear headed, here are a few of the most common money mistakes to look out for when getting divorced.
The House released their plans for tax reform on November 1, 2017 that could have a serious impact on the marital settlement process in the future.
Guest author, Heather Davidson, Ed.M., M.A., “Sadly, the divorce process is very broken. Remember, the longer your divorce drags on, the more money your lawyer will make…The money lost hurts not only each of your futures but also your children’s futures. However, with mediation, you and your spouse will hire one lawyer to work collaboratively with you. This reduces the cost of divorce significantly.”
Getting divorced without a financial plan is like driving on a highway without your headlights. You have no idea where you’re going. Divorce is one of the biggest life transitions. It has a huge impact on your finances – both short-term and long-term. If you’re going through a divorce or even just thinking about one, here are 5 reasons why you need a Certified Divorce Financial Analyst (CDFA®) in your corner: They help you navigate the entire divorce process.