Updates To Make To Your Estate Plan After Your Divorce
Divorce can often induce feelings of uncertainty, as one tries to figure out what life will look like post-separation.
While there are many important issues to contend with during a divorce—such as child custody and asset division—one task that can’t be overlooked is updating an estate...
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How Will Divorce Affect My Retirement Savings?
According to the American Psychological Association, 50% of marriages in the United States end in divorce. Though the process is not uncommon, it is still often a delicate and difficult situation. While there are certainly personal concerns, such as parenting and heartbreak, the financial implications of splitting up with your partner are...
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Deciding Who Keeps The Family Home In A Divorce
Key questions to ask yourself before making the decision
One of the most difficult decisions during a divorce can be deciding where you will live. Your home may be one that you have grown to love over time and you can’t imagine leaving.
But since...
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What Will Happen To The Family Business After My Divorce?
Marriages that have produced a family business are often left wondering what to expect after the division to the marriage is finalized. Will I have to divide the business? Is there any way it can continue to thrive despite the marriage failing? These are legitimate concerns to ask when separating the financial...
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Tax Reform Bill Can Affect Alimony Payments In Divorce Process
The tax reform bill currently in Congress is a hot topic in the state of Oregon and other states across the country. One issue addressed in the bill that is before the House of Representatives is the treatment of alimony. Since the discussion of alimony can be a potentially volatile subject in...
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Avoid Common Financial Pitfalls In Divorce
When a marriage ends in Oregon or anywhere else around the nation, couples often find that their financial situation is negatively affected. Incomes are typically reduced, yet each household has its own set of expenses. Financial experts have identified several areas of concern for women involved in a divorce. However, men as...
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Keep Finances Straight During A Divorce
When a marriage comes to an end in Oregon or elsewhere around the country, there are many issues to address. Some of the most significant decisions made following a divorce likely involve finances. Though getting a divorce can be an ordeal, experts recommend keeping a level head and paying close attention to money...
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Divorce May Have Considerable Tax Impacts In Oregon
Most individuals worry about their finances at some point or another. A major catalyst that could spark this concern is going through divorce. Because ending a marriage means living on a single income and potentially losing and gaining assets during property division, understanding financial impacts may be vastly important. Oregon residents may...
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Get The Facts Straight About Divorce And Money
Most Oregon residents typically consider the emotional impact that ending a marriage will have. However, the financial effects of a divorce can be significant for many. According to a personal finance website, there are several misconceptions regarding money and divorce.
A common belief is that one spouse’s adultery will entitle...
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Give PEACE A Chance During A Divorce
When an Oregon couple decides to end a marriage, peace is typically not a word that immediately comes to mind. However, divorce experts suggest that the process may work more smoothly if specific areas are addressed. The areas can be easily remembered by the acronym PEACE.
The first subject to...
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Taxes Can Be Affected By Divorce
There are many emotional aspects involved when an Oregon couple decides to end a marriage. In addition, several financial considerations come into play during divorce proceedings. One area that can be significantly affected in a divorce is the couple’s income tax return. Financial experts recommend taking a close look at the areas where...
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Divorce Doesn’t Have To Hurt Your Wallet
One of the biggest concerns people have when filing for divorce is their future financial status. From splitting up debt to taking on the financial responsibility for a home, there are many opportunities for individuals to falter. While Oregon couples filing for a divorce do not need to be worried about the actual...
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