When you join your life with another in marriage, you make the promise to share all the joys and challenges of the future together…but does that include debt? What if you are a diligent saver while your husband comes into the marriage with $50,000 in student loan debt? What if he dreams of starting his […]
In Sickness, Health…and Debt? Are You Responsible for Your Spouse’s Debts? Read More »
Women all across the country are starting their own business or joining the “gig economy” as freelance graphic designers, photographers, or even Uber drivers. According to the U.S. Bureau of Labor Statistics, just over 10% of all U.S. workers are self-employed. Women make good entrepreneurs because they are able to juggle lots of tasks and respond to
How to Retire on Time for Female Freelancers, Entrepreneurs, and the Self-Employed Read More »
You can’t predict how your spouse will react when you announce that you want a divorce. If your spouse is in charge of your family’s finances or has access to joint accounts, you could find yourself suddenly cut off from your money! Do not put yourself in a position where you will need to rely
Thinking of a Divorce? Make Sure You Can Access Cash! Read More »
Think that you might be on the hook for alimony or spousal support after your divorce? The new tax bill that was signed into law at the end of 2017 states that the spouse paying alimony won’t get a tax deduction for the payments. This change applies to all support agreements made after December 31st,
Will You Have to Pay Alimony to Your Ex-Husband? Read More »
I recently heard that I may be entitled to collect Social Security benefits when I retire based on my ex-husband’s earnings. But I looked at my divorce decree and it doesn’t say anything about it. Did I miss the boat? Here’s some good news about your divorce. If you were married to your ex-spouse for
Separating your life from another person can seem like an endless journey requiring a million steps. Many articles focus on the big picture tasks related to divorce, but you also need to know about all the nitty-gritty things, too, like how to close down joint checking accounts. With that in mind, here are some things
How to Close Down Joint Accounts During a Divorce Read More »
Welcome to “Your Net Worthy,” a WIFE.org blog that will share tips and tools to increase something equally if not more important as your net worth: it’s called your “net worthy.” ???? Net worth is defined as a snapshot of where you are at financially: what you would have in cash if you sold
My husband and I have drawn up a list of what we own and we have tentatively agreed on how to split everything in our divorce. I’m afraid we might have missed listing something. Can you help? As a financial divorce consultant, I often review final property settlements to determine additional tax and financial considerations
Here are Six Important Assets You Can’t Afford to Overlook During Your Divorce Read More »
My nine-year marriage has been rocky for quite some time, and my husband and I periodically talk about divorce. A friend told me I should stick it out a while longer since there are benefits to being married ten years or longer. What are those benefits?
The Benefits of Being Married Ten Years Read More »
Taxes are, unfortunately, a part of every financial decision. Like it or not, Uncle Sam’s greedy fingers reach into your pocket with every paycheck and each dollar of investment earnings.
25 Ways to Save Taxes Through Life’s Transitions Read More »
A divorce is one of the most traumatic events in a person’s life, ranking right up there with the death of a loved one. A divorce is also one of the few times – and maybe the only time – a person has to deal with the court system. Ending a disintegrating marriage is made more
How To Choose A Divorce Attorney Read More »
Divorce can shake you to your very foundations. Everything changes and many women want to cling to the house as the only stability they can find in a shifting world. Whether keeping the house is your best option depends on many different factors. Here are six things you need to consider in making that important decision.
Should I Keep the House? Read More »
If you were married to your ex-spouse for ten or more years, then you are eligible for very important Social Security benefits that could drastically increase how much Social Security you receive each month. Who doesn’t want a bigger Social Security check each month? No one, that’s right! So keep reading. Even if you are
In the book, Unleash the Power of the Female Brain, Dr. Daniel G. Amen, a psychiatrist and brain imaging expert, imaged the brains of 46,000 men and women. He compared the blood flow and activity patterns between male and female brains and found significant differences. In summarizing his finding, Dr. Amen reported that female brains
How Understanding the Female Brain Can Make You a More Savvy Investor Read More »
When couples divorce, mistrust abounds. One of the first things people think of when their spouse asks them for divorce is, he must have been stashing away money. You know more about your financial situation than any stranger could, so before you hire a private eye to look for hidden funds, think carefully about your
Six Places to Look for Hidden Assets During Divorce Read More »
I have just been through a divorce, and I feel as though I’ve been through the wringer. I have a great therapist who is helping me through the emotional aftermath, but I don’t know where to begin to get my financial life back on track. Unfortunately, “splitting the sheets” also means splitting the assets and
Getting Your Financial Life Back On Track After Divorce Read More »
