During a divorce, people often worry most about what will happen to their finances and their children once the dust settles and they begin the process of rebuilding their lives. However, many people fail to prepare for what could happen should they become incapacitated or die during their divorce...
When you begin sorting through information about divorce, specifically what to expect during the divorce process and how much the average divorce will cost, you might read over and over about divorce being "expensive." However, expensive is a vague term, taking on a different meaning depending on your circumstances and bank account size, which means you'll probably find yourself asking another important question: "How expensive?"
What is the #FreeBritney Movement? In 2008, when she was 26 years old, Britney Spears's father, Jamie Spears, was appointed conservator (known as guardian in the State of Washington) after the singer's widely publicized breakdown, which resulted in hospitalization and rehab. Following her recove...
Divorced Dads Drive Carpool, Too: How Families Can Share Household and Parenting Responsibilities After Divorce
Balancing work and allocating parental responsibilities between parents can be a challenge, particularly if both parents work outside the home. This challenge can be further exacerbated when parents get divorced, and their children begin to rotate between two households. Following a marital sepa...
5 Estate Planning Tips for Millennials and Members of Gen Z Many millennials, also known as Gen Y, and members of Gen Z, also known as “zoomers,” are reluctant to think about and plan for their own deaths. It's not surprising; thinking about what will happen after you die isn't fun. But legal ad...
Divorce is an emotional time. It's also a busy time. If you're currently going through a divorce in Washington State, you're probably digging through piles of papers looking for bills, statements, and other important documents. During that search, most people, forget to revisit their estate plan...
Being single on Mother's Day can hurt, especially if it's your first and you're used to celebrating it in a particular way. Whether you initiated your divorce or your spouse imposed it on you, embracing a single lifestyle can take some getting used to.
Bill and Melinda Gates Announce Split and Ultra High-Net-Worth Divorce With More Than Money at Stake: How They Can Keep Their Divorce Amicable
Bill Gates and Melinda Gates announced Monday they're getting a divorce. "After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage," read the couple's statement, posted to the Microsoft co-founder's Twitter account. The couple, who share ...
The federal income tax is complicated as is. Factor in a divorce, tax season can become that much more of a headache. If you’re contemplating divorce or are currently in the divorce process, here are five last minute issues you and your ex-spouse should consider before filing your 2020 return.
It's important to visit your physician when you notice some change in your health. A medical checkup offers you a chance to discuss issues with your doctor, ask questions, and get professional input on your overall health. Like your annual checkup with your doctor, a regular review of your estate plan with your attorney will help you minimize the risk of future unexpected hardships that might arise from incomplete or outdated documents.
With the chaos typical during a divorce, it can be easy to let certain traditions fall through the cracks. One common tradition that often falls by the wayside is the family dinner. However, family dinners after divorce can be an important part of the recovery process for everyone, including your ex. Here are a few reasons why.
No one gets married with the expectation they will divorce, and the circumstances surrounding divorce are often unpredictable and heartbreaking. The good news is your divorce doesn't just mark the end of your marriage. It can also signify the beginning of a period of growth for you.
Probate is the court-supervised process of gathering your assets, paying off your debts and taxes, and distributing what's left of your estate to your heirs and beneficiaries. However, that doesn't have to include all assets. Your retirement and investment assets have the potential to bypass probate if located in the type of accounts that can transfer upon death to a designated beneficiary. When considering whether to include your retirement and investment accounts in your estate plan, here's what you need to know.
Stanley, 73 years old, recently passed away. He never married or had any children. Stanley lived alone in his home and was self-sufficient until his health began to decline last year. Not wishing to burden his nieces and nephews, Stanley took it upon himself to hire a home health aide to come to his home and care for him. The pandemic restrictions prevented his niece, Cathy, with whom he had always had a close relationship, from visiting him. However, she called often. She even made an effort to see him but was only allowed window visits by the care worker and never provided the opportunity for in-person visits before his death. Cathy had no idea her uncle was being neglected and abused. To prevent a similar scenario from happening to you or someone you love, here's what you should know.
Chaos is a part of life. You move along the path your life takes you on, and you get used to the grooves in the road. Until all of a sudden, a twist or turn or bump sends you into a tailspin. Things happen.
I’ve always been interested in finding ways to take control of my future, especially as I was going through my divorce. So when a friend passed along to me a copy of Marie Kondō’s best-selling book, “The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing,” I couldn’t wait to begin reading it.
The percentage of children who live in a single-parent household has increased significantly. While estate planning for single parents is similar to estate planning for families with two parents, you should take special consideration and outline specific provisions in your estate plan if you're a single parent due to death, divorce, or life choice. If you're a single parent, estate planning should become a high priority.
Children often act out during a divorce. Some behaviors are more noticeable than others, meaning subtle changes in your child can slip past you if you're not looking for them. It's not surprising how this can happen. When you go through the divorce process, it may feel as though your world is moving a mile a minute, and you're struggling just to keep up. Divorce involves rebuilding your life, home, and sometimes career, all while negotiating the dissolution of your marriage. Because of this, it's easy not to be cognizant of how your children are holding up.
The only guarantee we have in life is that we’re all going to die someday. If we’re lucky enough, we’ll do this when we’re old, slipping peacefully away in our sleep. But, inevitably, it will happen to each of us regardless of age or health. Unfortunately, too many people pass away without addressing their estate planning and die without leaving a will. Dying without a will, referred to as intestate, is just one of the issues that can come from not addressing your estate planning while you’re alive.
If you're in the middle of a divorce or about to start on one, you're well aware of the roller coaster ride you signed on for, or your spouse signed you on for, and now you're along for the ride whether you wanted to be on it or not. After long, busy days, I often plopped myself down on the couch, not yet ready for bed but exhausted. I needed to unwind, and I found a great way to do that was to grab a glass of wine and a bowl of popcorn and watch movies.
Once you have established your estate plan, it is important to ensure it remains sound by revisiting it at regular intervals or at key life events. One important reason is that if you fail to account for the death of someone named as a beneficiary in your will, upon your death, your estate may face significant problems as a result. Here is what can happen.
As if co-parenting during a pandemic wasn't complicated enough, a lot of parents have a new worry to add to their plates: a widely controversial COVID-19 vaccine.
According to researchers, imposter syndrome or imposter phenomenon (IP) "is a motivational disposition in which persons who have achieved some level of success feel like fakes or imposters." It's a behavior that describes those who, despite achieving high levels of success on standardized tests, earning advanced degrees, and receiving professional recognition for their accomplishments from colleagues or organizations, still fail to experience a sense of success internally. And I see it affect people during the divorce process all the time.