Spouses often create estate plans based on their desire to support one another and optimize their use of a pool of shared resources. When their marriage ends, each spouse may need to make adjustments to their existing estate planning paperwork. They usually remove one...
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Year: 2026
Why more couples are divorcing later in life
Divorce later in life is becoming more common than many people realize. Couples who have spent decades together are increasingly choosing to separate after years of shared routines, responsibilities and milestones. For some, the shift comes quietly over time. For...
Tips for making a post-divorce budget
If you are going through a divorce, it is important to consider what your budget will look like after the divorce is finalized. This can help create a smoother transition into the next stage of your life, and it may also help you understand what you need when it comes...
Ensuring that gray divorce doesn’t derail retirement plans
A gray divorce occurs when spouses in their 50s or later end a marriage after years of sharing a home and finances. The spouses are near or even past the age of retirement, which means that the end of the marriage could have devastating financial implications. Those...
Setting a valuation date can simplify a high-asset divorce
High-asset divorces often involve a number of complicating factors. Spouses may have numerous resources that they need to divide. They may have certain expectations due to the standard of living during the marriage. If there is no existing marital contract between the...
Custody orders are made to be amended
When you divorced your ex, the kids were still in their early school years. Now, they are all teens or tweens, and you’ve noticed that the old custody order is no longer working for your changing family. What is a parent to do? The good news is that it is perfectly...
Planning for the summer with your children
Summer break is a time when major schedule changes are normal. Children don’t have school, so parents have to consider childcare options if the kids aren’t old enough to stay home on their own. For parents who have gone through a divorce, this time of the year...
5 crucial tips to help with estate planning after divorce
Divorce brings significant emotional and financial change. Once the paperwork is finalized, many people want to move forward and avoid more decisions. However, updating your estate plan is one of the most important steps you can take after a separation. An outdated...
Refinancing the mortgage may be necessary after divorce
If you and your spouse are going through a divorce, you may start identifying marital assets that you would like to keep. Some financial assets typically are just split between the couple, but tangible assets may be traded back and forth. To that end, you may decide...
Is a custody change necessary when one parent moves?
As life moves on after divorce, many aspects of the family situation may change. Parents who share custody may seek new jobs. They may look for different or more affordable housing. They may start new relationships or want to be closer to family members. If one parent...