May 30, 2009
Financing Life during a Divorce
Divorce and Earning Some Extra Cash
One of my goals as a divorce attorney is to assist my clients obtain sufficient support to maintain their assets and meet their reasonable monthly needs during a divorce. However, as families separate from one household into two, there might not be quite enough money to finance both households and the costs of a divorce. In these cases, my clients often look for ways to make a little extra money each month. If you find yourself in that category, and you consider yourself “crafty”, take a gander at www.etsy.com. It’s a place to sell your arts and crafts (or buy them from other people). I am not “crafty” but found the site inspirational.
Divorce and Managing your Personal Finances
Sometimes, divorce makes a person realize that they don’t know the first thing about how to run their personal finances. I have read a lot of books on personal finance, but my favorite is by Jerrold Mundis. “How to Get Out of Debt, Stay Out of Debt, and Live Prosperously for the Rest of Your Life,” will help you develop a personal spending plan, reduce and eliminate your debt, and live within your means. Here’s the link: http://www.amazon.com/How-Debt-Stay-Live-Prosperously/dp/0553382020/ref=sr_1_1?ie=UTF8&s=books&qid=1243441837&sr=1-1
Moore Family Law
May 30, 2009
Yet One More Closely Reasoned Essay
On the Seriousness of
Family Law and Estate Planning
Oh, the heck with it! I give up! It’s Spring!
What I’d really like to do today can be expressed thus:
“Get into Reggae Cowboy”
“I Don’t Want to Work”
<With thanks to The Bellamy Brothers and Todd Rundgren.>
Have a great weekend!
Moore Family Law
Why a Depressed Market is not ALWAYS Bad in a Divorce
Divorce provides an economic opportunity for some individuals to start fresh with a pile of cash. Maybe the pile is not quite as high as it could have been, but your buying power might be greater, too. For example, the foreclosure crisis has created an unprecendented opportunity to obtain value for investment. Bargain hunting is also possible in the stock market. It is entirely possible that you can buy more long term investment vehicles with a smaller divorce settlement than you could have in the inflated market two or three years ago.
Your divorce attorney is almost certainly not a financial advisor. When your divorce atterney begins to discuss posssible outcomes for your case, it is time to consult with your financial advisor. You may want to ask your financial advisor to meet with you and your divorce attorney to help you develop a plan of action.
In the meantime, if you find yourself find yourself somewhat panicked by the recession, you might want to read the following piece from the Boston Globe from last year, http://www.boston.com/bostonglobe/ideas/articles/2008/03/23/the_good_recession/. I found it to be quite thought provoking!
Moore Family Law, P.A.