Like many in New York state, you’ve been saving for the golden years all your life, and suddenly, just as retirement draws near, your marriage comes to an end. You probably have questions and concerns about how the divorce will affect your retirement savings and to...
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Study: Many U.S. households see significant income swings
Households can vary greatly in their income situation. Some see fairly steady income year to year. Others have a more volatile income situation, with income shifting quite a bit from one year to the next. A recent study indicates that there are a fair number of...
Lots of baby boomers admit to hiding accounts
Financial infidelity can do all sorts of harm to a relationship. There are many different forms of such infidelity. One is hiding an account (such as a credit card or bank account) from one’s partner. How common is such account hiding? A recent study looked at...
One state puts novel laws regarding pets and divorce in place
Each state has its own divorce laws. So, changes in one state’s divorce laws generally do not directly affect what divorce in another state is like. However, it can still be worth keeping an eye out on what sorts of changes other states are making when it comes...
Gray divorces and having the full financial picture
Divorcing couples vary greatly in their circumstances. This includes in how long they’ve been married. Some couples end up entering a divorce after decades of being married. This is a situation many divorces of older couples, sometimes referred to as gray...
Taking digital precautions when divorcing
Divorce negotiations can be incredibly complex proceedings. All manner of things can have the potential to play a role in such negotiations. In today’s digital world, this includes digital data, such as a person’s social media activity or their electronic...
Divorce rates in America
What is the divorce rate like here in the United States? Recent statistics indicate it is hitting the lowest levels the country has seen in some time. The statistics are from Bowling Green State University’s National Center for Family & Marriage Research....
What issues are commonly fought over in gray divorces?
Divorces of older couples have become a more and more common thing here in the United States. Sometimes, such “gray” divorces involve some pretty significant disputes. While disputes can come up in divorces of couples of any age, what age a couple is can...
Gray divorces and health costs
There are many special concerns older individuals may have when getting divorced. Included among these are concerns regarding health costs. A person could end up incurring a lot of health care expenses, such as medication costs, home care costs and elder care facility...
The dangers of comparing divorce settlements
It is human nature to compare ourselves to others. Among the situations in which this instinct can raise its head is in a divorce. For example, when a divorcing individual is negotiating a financial settlement with their ex or just reached such a settlement, they may...