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Articles Posted in finances

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Can I Afford to Get Divorced? The Importance of Understanding Your Marital Finances Prior to Divorce

Prenups, Post-nups and Separation Agreements are used to address finances and other issues concerning marital rights and obligations. As I have written in the past, prenuptial agreements are an opportunity for couples to have comprehensive discussions about each partner’s finances leading up to the wedding. Additionally, prenups provide an opportunity…

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Reconcilable Differences: Using a Fact-Based Approach to Separation and Divorce

There is a distinction between irreconcilable and reconcilable differences when it comes to separation and divorce.  The focus of this article is on the reconcilable ones.  When the relationship changes to a point where there will be a separation and divorce, there are certain issues that need to be addressed…

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The Timing of the Prenup: Effective Discussions for a Lasting Agreement

One of the most common questions I receive from clients is how to bring up a prenuptial agreement with a future spouse. There is no uniform answer to this because every couple has its own dynamics, and a prenup conversation should reflect this. With that being said, there are some…

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The Financial Aspect of Divorce

The divorce process involves the uncoupling of many aspects of life. Perhaps the most talked about is the financial aspect.   Creating and understanding your own financial snapshot can be an important step in making the divorce process a productive one.  A fair resolution will address how to divide assets and…

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The Benefits of Mediation: Closing the Gap in Finances

The divorce process involves many aspects of the relationship from an emotional and financial standpoint.  The most contentious issues often center on the parties’ finances. Because addressing cash flow and the distribution of assets can create added stress during the divorce process, mediation is often considered as the best alternative…

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