One of the top reasons couples give for getting a divorce, even in a good economy, is arguing and disagreements over financial issues. During a downturn in the economy, when people are losing their jobs and prices for everything from paper towels to real estate are skyrocketing, financial issues become even more stressful. At Springer & Lyle, we have some suggestions for couples who are on the edge of divorce or are already in the process of dissolving their marriage. Assess Your Financial Situation You and your spouse must conduct a thorough and honest assessment of your current … [Read more...]
Some Financial Do’s and Dont’s While Divorcing
Getting divorced can be one of the hardest and scariest things that you may ever do. For this reason, you should not do it alone. A good lawyer from Springer & Lyle will help you through this difficult time, especially when it comes to dealing with your finances. Here are some financial do’s and dont’s while you are getting divorced. Do plan ahead. It is important that you still think about your needs during the divorce. This includes, not only how you are going to live now, but in the future. Make sure you plan for your retirement while you are going through your divorce. Don’t … [Read more...]
