Category: Divorce

Divorce in the 21st Century: Now vs. Then

“Over 50% of marriages in America end in divorce.” You may have heard this line, as many of us have. But what may surprise you is that it’s not true. In the 21st Century, divorce rates have dropped for various reasons, ranging from a decrease in marriage rates to high legal costs. The divorce rate for 2020 is the lowest it’s been in over 50 years. So, how did divorce change exactly? Divorce Rate Now: Many…
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How to Save Money During Divorce: Save Yourself a Few Zeroes

When you set out to get married, you don’t envision your spouse going from hero to zero or that the financial focus would ever shift from flowers and cake to who keeps the house or gets the labradoodle. Unlike the newlywed stage, you might not have your finances or life in alignment when getting divorced and that’s pretty normal. Sometimes all you can focus on is maintaining a semblance of peace and beginning the healing…
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What is an Out-Spouse?

You’re going through a divorce. The assumed outcome is that you and your partner will split your assets and debts 50/50, but what does an equitable split look like when you know little to nothing about you and your partner’s monetary situation? You start wondering — what even is our income? How much do we spend each month? Are we in debt? Or, do we have a surplus of assets? Any hidden assets? What are…
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