How to Have an Amicable Divorce

Divorce. No one plans for it, no one marches down the aisle with it in the back of their head, but it happens.
By Kathy Longo, CFP®, CAP®, CDFA
Tuesday, 30 July 2019

How to Have an Amicable Divorce

If you are in the process of getting a divorce, you aren’t alone. In fact, while the rate of divorce has dropped, 39% of marriages still end in a divorce based on data from 2019.[i] The chances of divorce have doubled since 1990 for those over 50, in what is often called “gray divorce”.[ii] No matter your age, divorce is hard and considered one of the 7 most stressful life changes a person experiences.[iii] But that doesn’t mean that it has to be some knockdown, drag-out battle. It is possible, believe it or not, to have an amicable divorce.

You may think an amicable divorce is a fictional thing, sort of like staying friends with exes or Santa Claus. However, the truth is that two people can divorce amicably and civilly if they are willing to put in a little work and genuinely commit to ending the relationship on good terms. In this article, we will go over some steps on how to do that.

The Challenges Faced by Women in Transition

After many years in the financial industry, I have met countless women (and men) who have come to me in crisis. Whether it is divorce, loss of a spouse or loss of a career, these transitions can rattle you to your core.
By Kathy Longo, CFP®, CAP®, CDFA
Wednesday, 17 July 2019

The Challenges Faced by Women in Transition

In a marriage, you have spent most of your adult life dedicating your time to your family – your spouse. When that is pulled out from under you it can be hard to navigate your own emotions, let alone the practical administration of what you should be doing for your financial security.

There comes a time in our lives when things have maintained a status quo of sorts for so long that it can be hard to picture a life without what you once had. You have a new life that doesn’t look at all like what you thought it would and sometimes it can be hard to recognize – your life and yourself in it.

According to AARP, almost two-thirds of women in middle and older age have experienced some type of major financial transition.[1] While the transitions can vary from marriage to divorce to retirement or even losing a job later in life, the outcome can often be the same—you end up in a place where you may not know what to do about your finances or how to take the first steps.

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