As if getting divorced isn’t stressful enough, trying to do so during a pandemic may seem overwhelming. With normal routines disrupted, jobs and income lost, stock markets fluctuating, and real estate markets uncertain, it may seem nearly impossible to move forward once a decision to divorce has been reached. SoRead More →
Dear Moneyist, We’ve been married for five years — happily, or so I thought. We have shared all our assets prior to our marriage, including our current accounts and bank accounts, etc. I continued to work for five years after we married, and I just retired at 65. My husbandRead More →
Dear Moneyist, On May 30, 2018 my mother moved out all her belongings and informed my father that she was leaving him after 30 years of marriage, and that she would be seeking a divorce. No papers had been filed at that point. The next day my father went toRead More →
Dear Moneyist, I married a guy that lied about his debt. Now he is trying to divorce me. I did try to get an annulment after I found out, but I was denied. He said he wanted to marry me to give me his survivor benefits. When I didn’t accept,Read More →
Dear Moneyist, My youngest sister persuaded my father to sell his home and buy her a property with two residences: a small town house for him and a nice four-bedroom house for her and her family. My father recently passed away. We discovered that our sister’s mother-in-law is an attorney.Read More →
Dear Moneyist, My 93-year-old father has dementia. He married his second wife, who is 91, four years ago. He did not make a last will and testament, and cannot legally make one now because of his dementia. He is not expected to live much longer because of heart problems. MyRead More →
Gravitas Ventures /courtesy Everett Collection Divorces can be tough, but sometimes for the best, says one researcher. After surviving the holidays, many people are preparing to serve their spouse with divorce papers — and, as one expert notes, that can be a good thing for some households. January typically hasRead More →
Dear Moneyist, My friend’s father was a widower who had roughly $5 million in stocks. He was 84 when he met and soon married his younger bride (a nurse who was 60 at the time, divorced with grown children). She signed a prenuptial agreement when they married. A few yearsRead More →
Dear Moneyist, I live in Florida with my husband. Things have not been going great lately and I am planning to divorce him. We have lived in this state for two years. We were both born and raised in Indiana. While living in Indiana before ever marriage, I set upRead More →
Divorces cause tax issues, including which parent is allowed to claim valuable child-related tax breaks. Sometimes, but not always, it depends on which parent is allowed to claim the child as a dependent even though the Tax Cuts and Jobs Act (TCJA) eliminated child dependency deductions for 2018-2025. Confusing? YouRead More →
Dear Moneyist, I am considering going back to court to reduce the maintenance that I have to pay to my ex-wife (we had a 25-year marriage). We have three children together, and after the divorce I stayed in the home and my children stayed with me. I have been theRead More →
Could the U.K. withhold the £38bn Brexit divorce bill — more properly called the “financial settlement” — it has agreed to pay the EU? And could doing so really help renegotiate the EU withdrawal agreement that has been rejected three times by the House of Commons? The intriguing possibility raisedRead More →
Love & Money is a MarketWatch series looking at how money issues impact our relationships with significant others, friends and family. When wives earn more than their husbands, some men just can’t handle it. “My wife has always earned more money than me, and for a while it absolutely killedRead More →
© Reuters. FILE PHOTO: Amazon CEO Jeff Bezos and MacKenzie Bezos arrive at the annual Allen and Co. conference at the Sun Valley By Jeffrey Dastin and Arjun Panchadar (Reuters) – MacKenzie Bezos, ex-wife of Amazon.com Inc (NASDAQ:) founder and Chief Executive Officer Jeff Bezos, will give 75 percent ofRead More →
Love & Money is a MarketWatch series looking at how our relationship with money impacts our relationships with significant others, friends and family. Kit, 49, an English professor from Minnesota, who married in 1996, says staying married makes more financial sense. However, he says he has grown bored in hisRead More →
Dear Moneyist, My husband recently inherited a big sum of money when his father passed away. His father left 75% of his estate to my husband, which is worth around $3 million. My husband has been having an affair for some time now and I will confront him about itRead More →
