Divorce is rarely straightforward. But for many people, it isn’t just the emotional separation that makes it difficult – it’s the financial uncertainty that follows. Over the years, I’ve worked with many people navigating divorce and separation, who feel completely in the
Divorce is one of the most complex events most people will ever go through, and the list of forms and documents can feel overwhelming, but there is one document that often carries more weight in determining the financial outcome of a divorce
Divorce is widely cited as one of life’s most taxing experiences, ranking high on the scale of emotional and physical stress. Amidst the sea of legal paperwork and emotional recalibration, one of the most daunting hurdles is the question of “home.” Whether
One of the largest components of any divorce is the issue of the family home. With over 1/3 of all households having a mortgage, and many divorcees also having the odd rental property or two – the case of mortgages is always high on
As a Mortgage Capacity Advisor my main role is to ascertain the amount of mortgage lending a divorcing individual or couple can borrow to help them negotiate a fair settlement. Although each individual or couples’ circumstances differ, and each assessment is unique,
Your mortgage might be the biggest financial asset you share with your partner, and when you decide to part ways, it could be your biggest stumbling block. There’s no doubt about it: divorce makes mortgages complicated. As a joint mortgage holder, you
According to the Office for National Statistics, divorce rates in England and Wales were higher in 2013 when compared with 2003 for men and women aged 50 and over, commonly referred to as “silver splitters”. Last month my colleague wrote about the
In this interview with financial advisor Sheila Bailey of Willow Private Finance – in my role as the Suzy Miller of Alternative Divorce Guide asked Sheila how to get approved for a mortgage post divorce. “Are the new mortgage rules going to make life even harder for separating families,
Mortgage Capacity Assessment – Helping to Negotiate the right divorce Settlement. Recently a friend of mine who is currently going through a divorce came to me with a problem. She had done everything right so far; she had sought advice from a
The average cost of a divorce in the United States is between $15,000 and $20,000. High-conflict cases can exceed $100,000. With those stakes, knowing your financial priorities before settlement talks begin is essential. While divorce rates are down, “Gray Divorce” rates are
Have you ever considered that your romantic relationship(s) affect more than just you and your partner? It’s also the foundation of your children’s future relationships. It all starts with you. No pressure. It wasn’t until I was in my thirties that I
Deciding to share ownership of a home is a major milestone for any couple. Whether you are adding a partner to the deeds of a primary residence or gifting an investment property, the process involves more than just updating a name. In
