Divorce may be a stressful process, but people in Arizona can make it somewhat less difficult by avoiding some common financial mistakes. One of the best ways to do this is to make a financial plan. This can be done with the assistance of a financial professional. A...
Divorce
Cohabitation and increased divorce risk
Divorce has become quite common in Arizona and in other states, and one factor may be cohabitation before marriage. Researchers have found that couples who live together prior to marriage experience a higher divorce rate than couples who wait until marriage to move in...
Possible health concerns for older adults who divorce
People 50 and older who get a divorce can have a enjoyable new life afterward, but it is important for Arizona couples to understand the possible consequences of ending their marriage at this age. While divorce may be less stressful in the long run than remaining in a...
Why a prenuptial agreement may be a good idea
When people in Arizona think about getting married, they may be very excited to take that next step forward in their lives. Amid all of the decisions that come with wedding planning and thinking about the future, it can also be important to consider practical steps to...
How divorced parents can help their kids plan for the school year
The new school year is a time of transition. Parents in Arizona who have gone through a divorce, another type of transition, can help their children adjust to new classes and the separation by preparing for the year ahead. Parents should sit down with their kids and...
The potential pitfalls of choosing “cute” wedding dates
It's not unusual for future spouses in Arizona to be choosy when it comes to their wedding date. Some couples prefer nuptials during certain seasons while thrifty brides and grooms may schedule their ceremonies on a weekday. Couples opting for specific "cute" dates...
How tax law changes can affect divorce settlements
People in Arizona who are considering divorce may wonder about the potential impact of tax reform on marital separation. The financial effects of divorce can be longer lasting and wider ranging than the emotional and practical changes, and this is especially true when...
Student debt stress can contribute to divorce
A large number of young people in Arizona and across the country face a large debt burden in the form of student loans. On average, the outstanding balance of a student loan borrower is $34,144, and that number is higher for members of the class of 2017, whose average...
The financial surprises of a divorce
Women in Arizona who are thinking about getting a divorce should be prepared for how the process can impact many aspects of their lives. They should be particularly aware of the unexpected financial issues that are likely to crop up. Out of 1,785 women who took part...
How 2019 tax laws can have an impact on common divorce issues
As if going through a divorce may not be difficult enough for former Arizona couples, the change in tax laws starting Jan. 1, 2019, may make it even more difficult for former couples to move forward. The tax changes will have financial impacts on many divorce issues...