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March 2013 Archives

Planning for an initial consultation with a divorce attorney

For many, the period of time leading up to a divorce filing can be stressful. There are a multitude of issues that must be addressed, and it can be difficult to know what to expect or where to start. One way to lessen the fear of the unknown when it comes to divorce is to take the time to sit down with a Connecticut divorce attorney and go over the process as it relates to your own unique situation. Doing so can not only make the experience seem less intimidating, it can also help the attorney devise the best strategy for you, saving both time and money in the long run.

Divorce can grant an ex-spouse Social Security benefits

When a divorced individual nears retirement age, his or her thoughts often turn toward retirement funding. In some cases, these needs were addressed during the Connecticut divorce process, and adequate retirement savings were gained in the final settlement. In some cases, however, divorced spouses near retirement age without sufficient funding. This can leave some wondering if they are able to collect on an ex-spouse's Social Security benefits.

Retirement planning at play in divorce issues

Planning for one's retirement is an important aspect of overall financial planning, especially as one ages. For Connecticut couples who divorce as retirement approaches, concerns about retirement funding take high priority, and can become one of the most essential divorce issues within the dissolution of a marriage. While divorce can be a challenging time, it is imperative that spouses make savvy decisions that meet their long-term goals.

Budgeting for Connecticut divorce: Best practices

When preparing to file for divorce, many Connecticut spouses feel the need to set aside funding in case the process becomes contentious or lengthy. The impulse to prepare is not only understandable, but is also a savvy financial move. However, the manner in which one funds a 'hidden' divorce fund is very important, as the ramifications for making a poor decision can be severe.