The easiest way to handle debt during a divorce is simple: Pay off the debt. Use the assets you have to get rid of what you owe, then split up what assets remain. You can eliminate debt before divorce to keep it from playing a part at all. Of course, this is easier...
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Month: December 2018
How to split a pension in a divorce
Receiving payments from a pension plan is an effective way to ensure you have enough money to get through retirement. Splitting these payments in a divorce, however, could rob you of the hard-earned benefits if your agreement is not made appropriately. Do I have to...
What does your career mean for the odds of divorce?
You started down your career path when you got to college at age 18. You hadn't even met your future spouse yet. However, the choices you made and the career you chose could have a massive impact on the odds that you'll get divorced. For instance, the divorce rate for...
Divorce isn’t the end of dealing with your ex
Divorce is the end of your marriage. That doesn't mean it's the end of your relationship. Remember that as you move forward with this process. You will likely still need to deal with your ex from time to time. It may be very consistent. You may never fully move beyond...
How many workers get defined pension plans?
It used to be quite common for private sector workers to get defined pension plans that allowed them to retire and know that they were financially secure. After putting in enough years for the company, they knew that the company would take care of them after...