Monthly Archive:: September 2015

Untying the Knot: The Financial Implications of Divorce

It is known that divorce is emotionally distressing. But its financial implications must also be taken into consideration. Researchers find that divorcing individuals would need more than 30% increase in income to maintain the same standard of living they had before divorce. Men and women are equally affected by the financial ramifications of divorce which

Benefits and Drawbacks of Having a Prenuptial Agreement

Prenuptial agreements are commonly associated with Hollywood divorces. But this is not restricted to them. Any couple who has personal and business assets to bring to the marriage can benefit from a prenup. Think of a marital union as a business partnership where you have to protect each spouse’s financial interests in case anything happens