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Divorce Resources for Women

‘Investments’ Category

Bitcoin and Divorce: Are Cryptocurrencies Subject to Division?

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How Cryptocurrencies affect Divorce settlements in North Carolina
Since the advent of Bitcoin and subsequently a host of other cryptocurrencies with their astronomical values, there have been a few misconceptions about them. Some of these misconceptions dwell on the legality of cryptocurrencies and whether they are recognized by courts during divorce settlements.
This article aims to explore the legal status of BitCoin and other blockchain based cryptocurrencies in North Carolina and the impact they have during divorce settlements. If (more...)

Why Financial Literacy Matters to YOU

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Financial Success, Security, and Freedom.  Pursued by many, but satisfactorily attained by few.  How appropriate then, that the United States has recognized April as Financial Literacy Month since 2003.
Financial Literacy has always been a part of our core values for our clients and subscribers.  In fact, April 2018 marks our 10th Anniversary helping families through the difficult process of divorce, while helping them understand and protect their finances.
Celebrate With Us!
We want to celebrate (more...)

What To Do With The Debt From Your Divorce

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If you are wondering what to do with any unsecured debt from your divorce, the answer is simple. Pay it off and pay it off as quickly as possible.
If you aren’t able to pay off the credit card debt through other assets and you still have the debt after your divorce is final, then Sallie Krawcheck, Co-Founder & CEO of Ellevest says, “If you have credit card debt, pay it off now. Do not pass (more...)

Practical Tips On How To Separate From Your Spouse

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Going through a legal separation can be an emotionally taxing time for both the partners. Often a spouse may feel unsure about whether they can save their marriage or not. More importantly, a big doubt is whether your spouse will be interested to save your marriage or not. There are several practical considerations the affected couple should also take care of. It makes sense to deal with the separation’s practical side as quickly as possible so that (more...)

Celebrating a Milestone with YOU!

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It is with great honor that we have just published our Ezine’s 100th issue!  Back in 2008, when Divorce Line began, I could not have known the impact this newsletter would have on so many people’s lives.  Thank you to our loyal subscribers over all these years.
There is much I have learned since our humble beginnings many years ago.  Here are a few observations and lessons I’ve found (more...)

How To Make Sense Of Financial Planning After Divorce

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The reality of every divorce is that there is always less money after divorce and ending a marriage means facing that reality.
For some people it means having to manage the household finances for the first time either in a long time or sometimes, for the first time ever. It means there is no more shopping and buying things with an open credit card, with no spending limits and having a spouse who takes care of the bills.
For (more...)

Divorce Advice: Reducing Your Court Fee

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It was recently announced that the fee payable to the courts when filing for a divorce would increase from £410 to £550. Whilst this has caused great consternation amongst members of the public, the legal profession and various members of the political class alike, very few outlets have reported on the fact that not everyone will be required to pay the full fee. Indeed, some will not need to pay it at all!
As we have written (more...)

Retirement Plan Division – The Details

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Marital Property
Simply put, any asset or liability that was acquired during the marriage is considered marital property, and must be shared by the parties upon the dissolution of the marriage. Everything will be divided, from bank accounts to time-shares and even frequent flier miles. Retirement accounts are also subject to division, sometimes even if the plan was started prior to the marriage. The following example illustrates how a retirement plan that was initiated before marriage would still be (more...)

Divorcing After 50? Make Finances Your Top Priority

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Divorce is a reality for a growing number of aging couples, a phenomenon commonly referred to as “gray divorce”. According to a 2013 study at Bowling Green State University, the divorce rate among adults ages 50 and older doubled between 1990 and 2010. Now, one in four Americans getting divorced is 50 or older.
The study also found that the divorce rate is 2.5 times higher for those in remarriages compared to those in first marriages. (more...)

Divorce Concerns For Couples With High Net Worth

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Every divorce is different; no two cases are ever the same even though divorcing couples may face similar issues. The similar issues involve children; child support and custody; property division; and spousal support. But, high assets divorce cases necessitate even more careful review and representation for both parties. This article addresses an overview of some of the issues that should not be overlooked in a contested or uncontested case.
Special Concerns:
Child Support and Custody
Pre-Nup
Property Division
Business (more...)