September 2016

If You Know That You Are Getting a Divorce, Should You Still Pay the Mortgage?

Q. My husband left me three months ago and now wants a divorce. Should I keep paying the mortgage on my house even though he could get half of it? A. It can certainly be financially difficult to carry the full cost of a monthly mortgage payment on your own! We definitely understand why it […]

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What to Do If You Find Out that Your Spouse Hid Money From You During Your Divorce

Many divorces are downright nasty, especially if a lot of money is on the line. A high-earning spouse isn’t exactly happy to hand over his assets to his soon-to-be ex, especially if they live in a Community Property State that requires couples to equally split their marital estate. Hiding assets during a divorce is more

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Can a Couple with 13 Kids Really Pay Off Their Seven-Bedroom House, Live Debt-Free, and Retire Early?

If you either want to feel extremely inspired or extremely terrible about your own financial habits, head on over to the Washington Post and read the story of the Fatzinger family. Rob and Sam Fatzinger are devout Catholics with thirteen children. Sam is a stay-at-home mom who homeschools her children. Rob, a software tester, earns

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Widows, Do You Have to Pay a Capital Gains Tax If You Sell Your House After the Death of Your Spouse?

If your husband has recently passed away, you may decide it’s time to sell your home. Maybe it holds too many sad memories, or it’s just too big for you to handle on your own, or you simply want to live closer to your children. Whatever your reason, if your house has increased in value

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Can You Get a Better Divorce Settlement If Your Spouse Cheated?

Even though you know that cheating is surprisingly common in marriage (just grab the latest People Magazine if you need a reminder), you never think that it will happen to you…until it does. According to TruthAboutDeception.com, estimates peg infidelity rates in the United States at between 30% – 60%.  It may be nice to know

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Divorce Preparation Guide – Now Is the Time to Start Preparing for a New/Better Job

We’d like to believe that when it comes to life, work, and family that men and women have reached something nearing equality. Not so. According to the Pew Research Center, in 2012, 84% of stay-at-home parents were women. Likewise, women are far more likely not to work or to work part-time than men even if

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