Archive for the ‘Double Divorce’ Category
Are You Average?
September 28th, 2009 | Author: Pamela
How much is your case expected to contribute to a firm’s cash flow?
In a previous blog, Financial Bedlam, I introduced you to Tim and Kathy, an average couple with ordinary problems, who got an ordinary divorce. It was just “average.” It wasn’t the best divorce or the worst, not the cheapest nor most expensive, not the longest or shortest — just average. And that “average” divorce cost them over half of their net worth. They were “average” consumers of legal services. They went blindly into a lawyer’s office, wearing their emotional divorce on their sleeve and with no financial strategy in mind.
Avoiding Financial Bedlam
September 22nd, 2009 | Author: Pamela
In my last blog, I asked you to think about a question:
Am I willing to turn over a significant percentage of my net worth in order to be divorced?
Since you’re back to read more, I’m guessing you answered NO to that question and you’re ready to Avoid Financial Bedlam. Here are a few ways to keep more of your cash when you’re getting divorced.
Financial Bedlam
September 21st, 2009 | Author: Pamela
Financial Bedlam.
That’s how one client described his divorce.
Like many people seeking a divorce, “Tim” just wanted a short and simple divorce without a lot of fighting over “things.” (No, it’s not really Tim. See Disclaimer.) Tim, a small business owner, has the “entrepreneurial temperament,” which means that he is used to getting what he wants, when he wants it. Divorce was no different, so Tim did a lot of pushing. After all, he was being “fair” and his wife just needed to see his side of things.