In a gray (later in life) divorce, it can be challenging to unravel two long-intertwined lives, especially after accumulating many marital assets. Unfortunately, some assets can go overlooked. This can introduce the risk of an unfair property settlement. Here are some...
Ending a long marriage near retirement age brings unique financial challenges. For many Broomfield seniors, splitting retirement savings feels like watching years of planning unravel. But with the right approach, you can safeguard your financial future despite this...
An engagement ring may be one of the most expensive gifts a person ever gives to their partner. The average cost of a ring in the United States is over $5,000, and many rings are worth $10,000 or more. Someone may be willing to pay this amount when proposing because...
A postnuptial agreement, created after getting married, can provide clarity and security for both parties. While similar to a prenuptial agreement, postnups often address financial and personal changes and other matters that have arisen during the marriage. Here are...
Popular psychology helps people understand their own behavior and the conduct of others more effectively. However, it can also dilute the meaning of important words and phrases. For example, the rise of awareness about narcissism has led to people calling others...
Many older couples going through divorce wonder how their healthcare coverage will be affected, especially when their partner has been on their insurance plan for years. Divorce can bring about changes to financial and personal circumstances, and health insurance is...
In some ways, divorce is less complicated if you are in your 50s or 60s. After all, if you had children together, odds are that they’ve grown up and moved out of the house. A couple getting divorced in their 30s and 40s has to spend a lot of time thinking about their...
If you are under 45 years old, your divorce rate is probably going down. That’s what has been happening to most young age brackets over the last few decades. However, that doesn’t mean that it’s true for everyone. A study was carried out by the National Center for...
Prenuptial agreements are not always valid. It is very important to draft the agreement correctly. If you get divorced and find out that the court is just going to toss out your prenup, you lose a lot of the protections that you may have been counting on. But why...
High-value assets frequently become a focal point during divorce negotiations or litigation. People often focus on the homes where they live. Retirement accounts are often the only asset worth a comparable amount. The resources people have put aside for their comfort...
