If you are facing divorce, you need financial expertise. Women in Divorce Financial is the leading resource for women dealing with the financial issues in divorce. Showing how the combination of income, property division and spousal & child support come together with post divorce budgets is what we do. Services include assistance in completing financial forms, analyzing lifestyle and budgets and net worth, creating financial short and long term projections based on divorce settlement options.
Eva Sachs' Recent Articles
Dividing Assets in Divorce
Deciding how to split assets is more than just dividing the values on paper. People often make the mistake of believing that dividing everything in half is the simplest and fairest way of handling things. This is not necessarily true. People need to pay attention to the decisions they make about dividing property and consider […]
The Financial Concerns with “Grey” Divorce
Overall divorce rates have been dropping over the last couple of decades – with one notable exception. Divorce rates among people now in the over-50 age group have nearly doubled over that same period. Here are some financial concerns that couples in this situation should think about: Housing – Can you afford to continue living […]
Posted: October 23rd, 2012 under Cost of Living, Estate Planning, Financial Planning.
Tags: Budgeting, Divorce, divorce financial planning, ending long term marriage, estate planning in divorce, financial issues in grey divorce, grey divorce. late in life divorce, keeping the house, mediation, money women & divorce, personal finances in grey divorce, separation, settlement agreement
Who’s Handling the Family Finances?
I met with Amy (not her real name) the other day who told me she managed her finances perfectly well while she was single. Once she married, she agreed to let her husband handle the family finances. Now facing divorce, she found herself in financial difficulty because of her husband’s spending habits. She regretted not […]
My divorce will cost what?
I was recently at a lunch meeting with other divorce professionals… and the topic of costs of divorce came up. We all face the “what do you charge and how much will it cost question” that all potential clients ask. People facing divorce all have some preconceived ideas based on a friend’s experience, hearsay, media […]
Dis-Orientation: Back to School and Divorce
Traditionally, autumn is a boom season for divorce, particularly for couples, who wait out the summer at the cottage before returning home to cut their marital ties. Many couples considering splitting decide to wait until after the holidays to break the news to their children. How are these parents going to approach their separation or […]
Facing divorce. . .Should I sell the house now?
If you believe that we are facing a “real estate bubble” , the decision of what to do with your home is challenging.. sell now and wait to buy if/when prices go down? What does that mean to you if you’re someone facing divorce today? Should you consider selling quickly to take advantage of the market now? Some […]
When You are the One Paying Support
According to a recent study done by Prudential Insurance in the U.S. of the 1,140 women and 604 men surveyed, it was reported that 22% of women ( married or with a partner)made more money than their husband or partner. This economic statistic is certainly a factor why women increasingly are paying support. However, in […]
Grey Divorce Challenges
According to the most recent statistics available from Statistics Canada (2008) , there were 852 divorces where both partners were 65 and older. Based on my experience and the clients I see, this trend is growing. When divorcing after a long term marriage or at an age where retirement is closing in, such ‘grey divorces” […]
Get Real: Divorce is a business
Have you put aside the romantic notion that love conquers all…No matter how intense your emotions, it’s important to remember that ending a marriage is in fact a business deal. Those who ignore the business aspects of divorce do so at their own peril, as that divorce statistic shows. Many people seemed shocked by the […]
DIVORCE TALKS – GREY DIVORCE
For many people, the thought of divorce is overwhelming. Not surprising when you consider that almost all married people centre their lives around their spouse, their children and their home. Divorce changes all of that. It depends on how you approach the situation, who you talk to, and how motivated you are to protect the […]
Posted: July 17th, 2012 under Estate Planning, Finance, Financial Planning, General, Personal Finance.
Tags: Divorce, divorce budgets, divorce financial planning, family finances, grey divorce. late in life divorce, mediation, money and divorce, money women & divorce, separation, settlement agreement
Now that I’m divorcing …where did the money go?
Figuring out who will pay the bills each month is an important conversation most couples have when they are first married. It seems that who ever takes on that assignment keeps that role for most of the marriage. However, if you’re not paying the bills, you don’t know where the money is going. If one […]
How do I know if I need Financial Advice in my Divorce?
By Eva Sachs CFP CDFA Certified Divorce Financial Analyst and Founder of Women in Divorce Financial “ I just want what’s fair …I just want what I’m entitled to.” If it was just that easy, divorce lawyers & courts wouldn’t be busy. My approach for divorcing women is from the perspective “ what do I […]
Are you Financially Prepared for Divorce?
By Eva Sachs CFP CDFA Certified Divorce Financial Analyst and Founder of Women in Divorce Financial “Why didn’t I pay more attention to our family finances?” I frequently hear this from women who find themselves facing divorce. This is the time for women to start to make constructive and knowledgeable decisions about their money and […]