Tag Archives: money
Does federal law make it harder to obtain credit after divorce?
When a couple is preparing for divorce, it is generally recommended that each spouse open a credit card in their own name only, in order to begin (or continue) building credit and improve their credit score. Unfortunately, a federal law that was passed in the wake of the recent economic recession may make this… Read More »
Should you hire a vocational expert to help you through divorce?
In today’s troubled economy, many Las Vegas parents have lost their jobs, have been unemployed for a significant period of time or have been forced to take jobs that pay significantly less than they earned in their previous positions. With parents out of work and barely able to make ends meet, it makes sense… Read More »
Protecting your credit score during and after divorce
When you are negotiating your divorce, especially during the current economic state, it is likely that you and your spouse will have not only property but also debt to divide. It is not uncommon for one spouse to be ‘awarded’ a full debt, such as a credit card or a car loan, which means… Read More »
Should you hire a divorce financial planner?
According to a 2009 study, couples that argue about money at least once a week are 30 percent more likely to get divorced. With finances at the heart of so many pre-divorce disputes, it only makes sense that couples would continue to fight about money both during and long after their split. But in… Read More »
Financial and investment issues to consider in divorce
There are many decisions that need to be made during the divorce process. Because today’s decisions will impact your future, this is not the time to put financial decisions on the backburner. In community property states such as Nevada, most property acquired during a marriage, excluding gifts and inheritances, is jointly owned by both… Read More »
Tax tips for the recently divorced
If you have been through a divorce in the last year, you have likely realized that the finalization of your divorce did not mean the end of your contact with your spouse. There are many additional steps to take, especially as you are separating your finances in the wake of your divorce. This also… Read More »
Engaged on Valentine’s Day? Why you should consider a prenup
About four million Americans got engaged on Valentine’s Day, according to a recent survey. This means that, at some point in the next couple of years, about two million weddings will take place in Las Vegas and throughout the country. If you are one of the four million recently engaged, there is one detail… Read More »
Should you divorce during the recession?
Just a few weeks ago, we wrote a blog post about divorcing in a difficult economy such as the one we are currently in. Specifically, we discussed a study reporting that for every 1 percent increase in the unemployment rate, the divorce rate decreases by 1 percent. This is likely because couples simply cannot… Read More »
Control your finances during – and after – divorce
Divorce can be a lonely process. But it doesn’t always have to be that way. In fact, family law experts suggest surrounding yourself with a support team to make it through the process. While friends and family are certainly valuable members of this team, there are others, such as a family law attorney and… Read More »
Financial infidelity could lead to divorce
Despite the continuing reports that the economic recession is over, many Las Vegas residents continue to feel the pinch of a tough financial situation. High mortgage payments, credit card debt and medical bills leave many people without much, if any, money left over at the end of the month. However, old habits break hard,… Read More »