Articles about New Beginnings on New Financial Horizons

NEW BEGINNINGS
These articles provide important information and useful navigation tools to individuals who are struggling with redefining one or many different aspects of their lives following divorce.

New Financial Horizons

Estate Planning Considerations in the Context of Divorce
When spouses separate, in anticipation of divorce, a number of estate planning issues arise. Many spouses wish to disinherit the other spouse upon separation, to be sure that their assets pass for the benefit of the children (or if no children, to their own family). In fact, you are permitted to make a Will that excludes the separated spouse. However, the law provides protections to disinherited spouses that limit the effectiveness of Wills that disinherit a spouse.
Insurance After Divorce or Separation
After divorce or separation, you're on your own. Arranging your insurance needs is important, but you my not be sure what you need or where to begin. It's important that you work with an agent who understands your new situation. Explain to him/her your needs and concerns.
Managing Income and Expenses
Divorce creates many kinds of stress for all those involved. Potential exists for serious financial stress. Even when resources are adequate, and especially when they are limited, careful planning can enable individuals to make the best of their financial situation and avoid costly errors as they move forward after divorce.
Seven Common Financial Pitfalls After Divorce
When I first got divorced, there was a part of me that thought my lifestyle would not change dramatically. I believed that after eighteen years of marriage and raising a young family of four children, I could depend on the courts to ensure that I would have an income which would allow my children and me to remain at the economic level with which we were familiar. The truth of the matter is that you may be able to do this, but it is probably not going to be from child support or alimony.
Financial Self-Confidence For the Suddenly Single: A Woman's Guide (Book Review)
Whether we like it or not, money is important and how it's managed after a divorce can make the difference between moving on to a new and better life or becoming mired in debt and despair. Alan Unger's book, Financial Self-Confidence For the Suddenly Single: A Woman's Guide, is a simply written, self-help guide to taking responsibility for your own finances.