Wealth Strategies Journal

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Tag: divorce

By Regina A. DeMeo: 3 Great Take Aways From Divorce

Imagine that one day someone tells you that you have to find a new place to live relying on only half your household income, while at the same time your assets are reduced by 50%. Be honest, no matter who you are that’s going to hurt. To make matters worse, … Continue reading

By Regina A. DeMeo: 5 Key Issues In A Divorce

What most people going through a divorce dwell on  is the why, or how did we get to this point?  Unfortunately, not everyone is capable of having a closure conversation, and many will be deprived of the apology they so long for, and perhaps rightly deserve.  Ultimately, it only takes … Continue reading

By Regina A. DeMeo: What Is Conscious Uncoupling?

Conscious uncoupling is not something invented by Gwyneth Paltrow and Chris Martin, who decided to separate amicably in 2014.  It is actually a movement that has been around for decades, and it is skillfully executed by trained mediators, who promote Alternate Dispute Resolution (“ADR”) methods for couples that want to … Continue reading

By Regina A. DeMeo: 3 Key Costs In a Divorce

They say freedom is priceless, and yet when you are contemplating a divorce, there are some pretty significant costs to consider before calling it quits, unless you are economically on par with couples like Brad Pitt and Angelina Jolie. Here are the top 3 expenses you must budget for when … Continue reading

By Regina A. DeMeo: Have You Dealt With Your Baggage?

Anyone over the age of 35 that has gone through a divorce has baggage– even if there were no children that resulted from that marriage. We all have poured time and energy into a relationship that failed, and when all your hopes and dreams for that marriage are shattered, it … Continue reading

By Regina A. DeMeo: 7 Points to Consider Before Parting Ways

Summer is almost here, and while the kids are out of school, this is the time when a lot of parents considering a separation decide to plan a move. But before vacating the marital residence, here are 7 key points to consider:

1. Get legal advice. It is critical … Continue reading

By Regina A. DeMeo: Til Death Do You Part- It is True With Kids

No one I know still believes that because someone says, “I do” at the alter, s/he is really stuck with someone forever, especially if things get ugly. Most would agree that if someone becomes abusive, develops a nasty addiction, or commits adultery, these are all valid grounds for abandoning ship, … Continue reading

How Big Is Your Ask?

We all need something from others– truly, not a single person I have encountered over the last four decades operates as an island. But the key question to keep in mind when asking for something is this: how big is your ask? The bigger the favor, the more prepared you … Continue reading

By Regina A. DeMeo: How Do You Climb Out of the Divorce Abyss?

On average, 1 Million Americans each year manage to survive the divorce process, and yet these numbers are somehow not particularly reassuring to those going through a divorce who feel like they are free falling into the bottomless pit of hell. Am I being overly melodramatic? Not even close for … Continue reading

Regina A. DeMeo: What Are the Financing Options for Divorce Fees?

As the holidays near, it is quite common to see a spike in separations.  For those that about to embark in the divorce process, it is important to understand the four main types of services generally available to clients with family law matters:

(1) initial consults;
(2) flat-fee services for … Continue reading

Regina A. DeMeo: Why Are Transitions So Scary?

Change is scary for a lot of people, especially sudden, unexpected or unwanted changes that impact our core needs. Unfortunately, those going through a divorce will experience great uncertainty in various aspects of their lives all at once, which explains the dramatic rise in situational depression or anxiety among those … Continue reading

Regina A. DeMeo: Is There Really a Mid-Life Crisis?

Is there really such a thing as a mid-life crisis? Well, “crisis” is a bit of a misnomer, when what is really going on is more of a wake-up call that seems to occur when people hit their mid to late 40’s.  The reason this occurs is simple– this is … Continue reading