The Financial Effects of Divorce

effects of divorce

Written By: Hollis Hardiman, CDFA™ People who are considering divorce usually think about the emotional toll the split will have on their family. Removing someone from your life who played such a close part in it can be very stressful, especially if there are children involved. But the financial consequences of divorce can’t be overlooked…

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Why You Should Hire a Certified Divorce Financial Analyst®

Divorce, court, separation of households

According to Psychology Today, approximately half of marriages in the United States end in a permanent separation or divorce. Whether you’re considering separating from your partner or you’ve already initiated the process, the Certified Divorce Financial Analyst® practitioners at Merit Financial Advisors recommend finding a wealth management professional that specializes in divorce planning to ensure…

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Tips for Managing Money Within a Marriage

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As one of the leading services offering financial advice for widows, the team from Merit Financial Advisors has seen firsthand how money can put a strain on a marriage. Although a stable financial footing can lead to a happy, successful marriage, we’ve all heard the saying that with more money comes more problems. Unfortunately, this…

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Divorce After Age 50 and Financial Safeguards

divorce settlement

It’s a good idea to employ a divorce financial analyst prior to a divorce at any age, but it can be particularly vital if you are over 50.  A divorce late in life can have a significant impact on the financial stability of one or both parties. Once you’re past your prime working years, you can’t…

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Thinking About A Divorce? There Are Ways to Help Make Separation Easier!

tearing rope

At Merit Financial Advisors, we have a focus on home finances and helping our clients create strategies to work towards financially stable during troubled times – such as divorce.  Our certified divorce financial analysts are always glad to help make a divorce go more smoothly and offer reassurance during an uncertain process, we also want…

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5 Steps to Financial Empowerment for Females

woman being happy

Unfortunately, even in the twenty-first century, it’s a man’s world, especially when it comes to financial matters. That’s why as a woman, it’s essential to have an arsenal of financial planning tips and advice at your disposal to call on when you need help. For this reason, the team from Merit Financial Advisors has collected…

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Tips & Financial Advice for Women Going Through a Divorce

Divorce settlement

Going through a divorce can be a difficult time for anyone, but studies show it can be more complicated for women. This is because unfortunately, much like there exists a gender divide when it comes to the workplace, there’s also one when you’re getting a divorce. Studies show that in divorces where both parties are…

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What is the Role of a Certified Divorce Financial Analyst

Divorce, lawyer, court

Going through a divorce is never easy, especially when it comes to finances. However, working with a certified divorce financial planner can make the process go much more smoothly. They’re trained to provide key insight and assistance when it comes to your finances during a divorce, taking some of the burdens off your shoulders. The…

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Certified Divorce Financial Analysts Debunk 5 Common Divorce Myths

myths & facts

Seeing that divorce is not something you go through daily, many people hardly know what to expect. The lack of information is further fueled by rumors and common misconceptions. This may result in the divorcee succumbing to false, predetermined truths and getting less than they deserve in a divorce settlement. In this article, the team…

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Adjusting to Life Financially After a Divorce

divorce, woman taking off ring

Successfully Navigate through this Transition There’s no doubt about it – going through a divorce can be an emotionally trying time. Ironing out a divorce settlement, attending various court hearings, and dealing with competing attorneys can all weigh heavily on the parties involved. Stress can cause regress. And regress can compromise one’s decision-making and lead…

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