Mortgages and Divorce: What You Need to Know
One of the biggest concerns for many people going through divorce, separation or dissolution is the family home and what happens to the mortgage. Whether you plan to keep the house, buy a new property, or split assets, understanding how mortgages are handled during divorce is essential.
In this blog, we’ll discuss how maintenance payments can affect your mortgage eligibility, why speaking to a mortgage broker is crucial, and your options for your home and mortgage after a divorce.
‘Going after their pensions’- why this phrase makes me feel uncomfortable
Here's why you should ignore the phrase. If someone has been paying into their pension, the alternative is to bring the assets into the household instead.
When couples go through a divorce, it’s natural to focus on dividing the home, savings, and other visible assets. However, one major asset that is often overlooked is the pension.
Divorce Over 50: What Should You Consider as You Navigate Later-Life Separation?
Going through a divorce is never easy, but when it happens after age 50—some unique challenges and considerations may not apply to younger couples. Separating in your 50s or beyond can have significant financial, emotional, and lifestyle implications, especially when preparing for retirement.
If you’re over 50 and facing divorce, here’s what you need to consider to ensure you make informed decisions and safeguard your future
Reassessing Protection Insurance During Divorce: Why You Shouldn’t Wait
While divorce usually gives you plenty to do, and it’s natural to focus on big decisions like dividing assets and pensions and figuring out living arrangements. However, one aspect that can be easily overlooked is your protection insurance. Life changes during divorce may affect your insurance needs, so it’s essential to reassess your policies as soon as your circumstances shift rather than waiting until everything is finalised.
In this blog, we’ll explore why reassessing your protection insurance early in the divorce process is essential and the key factors you should consider when updating or changing your policies.
How Are Pensions Split in Divorce?
Dividing assets can be complex when a marriage ends in divorce, and pensions are often one of the most valuable assets. While pensions may seem like an afterthought compared to the family home or savings, overlooking them can lead to an unfair settlement. Understanding how pensions are divided in a divorce and the various methods available is essential for ensuring a fair financial future.
In this blog, we’ll explore how pensions can be split in divorce, the advantages and disadvantages of each method, and how decisions about pension division are made.