Schuld Inc
Aim to create a calm environment for your discussion about finances. Photo by Priscilla Du Preez on Unsplash Before you begin, agree that you will not continue the conversation if it becomes heated. If not, then I advise clients to do the right thing now and set each other up for a sustainable old age. …
It is imperative that both spouses know the full extent of their assets and liabilities. Photo by Pixabay from Pexels So often, the non-breadwinner has no idea of the true financial situation, leaving that side of the marriage to the spouse to deal with. But it is important to know about each other’s finances: what you each earn,…
My advice to people before marriage is to take the prenuptial agreement seriously. Photo by Daniel J. Schwarz on Unsplash Don’t wait till the last minute before running to get the standard contract. Think about the contract as a document that is prepared during the happy days for if and when the bad days come.…
Many people have no idea how much their children actually cost, and when it comes to preparing a budget at divorce they are often surprised by the figures. Photo by Trong Truong on Unsplash When I get to the financial discussion with clients, particularly with reference to the children, I always ask them if they…