Exploring the Pros and Cons of Divorcing Without a Lawyer Considering a do-it-yourself divorce? While it may seem attractive to save money, it’s crucial to understand the potential risks and benefits before proceeding. This guide explores the pros and cons of DIY divorce (not hiring an attorney) and introduces mediation as an alternative option. Pros…
Insights
Smart Financial Planning for New Entrepreneurs: How to Grow Your Business & Secure Your Future
Maximize Your Business Growth with Smart Financial Strategies Financial planning for entrepreneurs is crucial, as it serves as a roadmap for both personal and business success. You can reduce stress and build a thriving enterprise by effectively managing your finances. Here are essential financial planning tips for entrepreneurs to balance personal and business goals: Create…
5 Ways to Organize Your Finances Before Divorce
If a divorce is looming in your future, you’ll find you have a lot of things to take care of, but your finances should be front and center. Here are 5 ways to get your finances in order before a divorce. 1. Sit down with a Fee-Only Financial Planner, preferably a Certified Divorce Financial Analyst…
10 Ways to Help Kids Deal With Divorce
Divorce is an earth-shattering experience for any couple to go through. In some ways, though, it’s worse for their kids because they were not a part of the decision for the breakup. Parents often try to stay together for the sake of the kids even when the marriage clearly isn’t working. Finally, they admit that…
How to Retire in 20 Years or Less
Have you ever thought about how many more years you have to work? For someone in their mid-20s, you could have a long way to go considering the official retirement age is 65. That’s forty more years of working in a job you may not love, or forty more years of being obligated to show…
Alimony Tax Rules are Changing
The sweeping changes under the Tax Cuts and Jobs Act (TCJA) of 2017 affect many aspects of our federal tax system. One major adjustment for many divorcing couples is how spousal alimony will be treated. Definition of Alimony Let’s begin by first defining alimony. According to the IRS, alimony is amounts paid to a spouse…
The Freelancer’s Guide to Saving For Retirement
As a freelancer, you have full and total control over your work. You decide what you do, where you do it, and how you get things done. The freedom and autonomy are attract many workers to self-employment in the first place. But if you already freelance, you know this line of work doesn’t come without a…
You must be logged in to post a comment.