This is the time of year when most companies hold their open enrollment periods, during which employees decide on their benefits for the next 12 months. This is important for divorcing clients as well.
The decision to obtain a divorce is one of the most crucial decisions a person can make with consequences that last for years or a lifetime. A decision this important requires much greater attention than it is usually given by both couples and professionals.
A longtime legal dispute involving music icon Aretha Franklin’s estate has been the latest high-profile illustration of why it’s important to have a formal and updated estate plan.
These days, most Americans are stressed about money. And yet, when it comes to budgeting, saving and managing debt, many get some simple fundamentals wrong.
To put it simply, divorce can throw your life into upheaval. As you begin to reestablish yourself, it can help to keep in mind that divorce doesn’t mean your life has ended. Rather, it signals a new beginning.
Deciding when to claim Social Security retirement benefits is a complicated decision. But when two people are in the mix — particularly a couple where one spouse is the primary breadwinner — the decision may be even more complex.
In recent years, many financial services companies have come out with programs to establish and build credit for those who have struggled to access the traditional banking system. There are even ways that people can build credit without having to take on debt.
Few couples going through divorce will face the prospect of disentangling from a balance sheet as vast and as complex. The Bill and Melinda Gates divorce serves to highlight how complicated it can be.