Divorce can be not only a hit to the heart, but it can also have a significant effect on your financial circumstances. At the outset of the divorce process, you are especially vulnerable to getting caught up in the emotional aspect of divorce rather than focusing on the financial impact. However, you need to realize…
Money and children top the list of the things most people worry about in divorce. However, worrying about money does not necessarily protect you against making financial mistakes in your own divorce. Here are the top 10 financial mistakes people make in a divorce so you can hopefully avoid making any of them: 1. Finalizing…
One of the biggest concerns people have when they are going through a divorce is how it will impact their finances. Your future is changing, and a big part of that future will depend on what kind of financial shape you’ll be in after the divorce is final. Here are some tips on how you…
Starting over is never easy, whether it’s from a divorce, a job loss, or bankruptcy. Here are 8 steps you can take that will help you not only recover but thrive: 1. Get a job, then get a job you love. If you are like most recently divorced people, you can find yourself needing to…
The world’s wealthiest couple announced in January that they were divorcing, and it wasn’t long before the media spotlight was turned on Amazon founder Jeff and MacKenzie Bezos, looking for lascivious details on what caused the high net worth divorce (there were some) and how Bezos’ estimated $150 billion fortune would be split. By early…
When most people think of a forensic accountant, they think of someone who is particularly skilled at tracking down hidden assets. While that is true, in most cases forensic accountants are hired to help with the division of marital property. When a couple’s finances are complex, it can be more difficult to assess the value…
By now there are probably few people who are unaware of Amazon founder Jeff Bezos’ upcoming divorce, thanks to leaked texts between him and another woman not his wife. As one of the world’s wealthiest men, Bezos is a public figure and will likely have a difficult time keeping the details of his divorce private.…
From a financial standpoint, getting a divorce means that all your combined assets and collective income will be divided and your living expenses will increase since you will be supporting two households instead of one. This may leave you wondering if it’s possible to get through a divorce without going broke. While a divorce will…