Dividing retirement accounts during a divorce can be confusing, especially because different types of accounts require different legal processes. Below is a quick comparison chart to help you understand the key differences between how these accounts are divided, what legal documents are required, and how the process affects taxes and penalties.
Breaking free from an abusive relationship is a complex and arduous journey.
Divorce often brings financial changes, and it can be helpful for kids to learn about managing money early. There are free tools and programs that teach kids financial responsibility, saving, and budgeting.
When someone has just finalized their divorce, they may be feeling a mix of emotions. The key is to offer support without making assumptions or pushing them to feel a certain way. Here’s what you might say.
When navigating divorce, it’s normal to feel completely overwhelmed. Yet with these short but mighty self-talk reminders, you’ll be surprised how quickly you can calm your nervous system.
One of the questions we’re asked most often is: Should I move out of my home or stay put? Deciding to move during the divorce process typically depends on several legal, financial, and emotional factors. Here are some key considerations (please note: this is NOT legal advice) to keep in mind before making any quick decisions.
Dividing child-related expenses is often one of the most confusing and emotionally charged aspects of divorce, but having clarity upfront will make a huge difference for you and your children.
Divorce can be a confusing and emotional experience for children. It’s important for kids to know that while divorce means their parents are no longer together, they are still loved and cared for just as much as before.
When parents get divorced, kids often have a lot of questions, emotions, and concerns—but knowing how to talk about them can feel hard. Talking to parents openly and honestly can help make the transition easier.
Divorce can bring a lot of changes, and school may feel harder when emotions are running high. Some kids may have trouble focusing, keeping up with assignments, or even feeling motivated to go to school. But with the right support, school can be a place of stability and success, even during tough times.
Disclaimer: Information found on Onward.Life, and in this article is for informational purposes only and should not be considered legal, financial, or tax advice. For guidance on your specific situation, please consult with a qualified attorney, financial advisor, or tax professional.