Wealth Strategies Journal

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Tag: money (page 1 of 2)

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 DeMeo: 6 Main Reasons to Modify a Parenting Plan

Parenting Plans, which are private agreements between parents, and Custody Orders, which are approved by judges, are not written in stone.   Separated parents need to be prepared to discuss changes as needed because modifications are actually quite common in custody cases, especially in those like the one involving Angelina … 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: Are You Ready To Get Engaged?

Most couples get engaged between November and February each year, and then the wedding planning takes over for another 6-9 months until the big day. During that time, a couple will formulate a guest list that will not only drive the choice of a venue, but also the costs of … 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: 4 Key Questions To Ask Before The Nuptials

Wedding season is upon us, and that means lots of revenue for all the vendors in that industry, which in the DC Area yields about $1.1 Billion a year.  Truly, one must admire the amazing collaboration of efforts that make that magical day happen, but looking beyond the big day, … 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: Is Your Wedding Budget Realistic?

Welcome to wedding season in the DC Area, which according to the Washingtonian Magazine enjoys revenues of over $1 Billion a year thanks to all the brides and grooms that choose to tie the knot here.  The average cost for a wedding in the U.S. is about $25,000, although in … Continue reading

By Regina A. DeMeo: 4 Challenges That Can Make Or Break A Marriage

A lot of people these days focus on how lucky you have to be to attract the right person, but really shouldn’t the focus be on what it takes to keep a relationship intact? When you talk to couples that have been together for decades, you can see a clear … Continue reading

By Regina A. DeMeo: Is Your Financial House In Order?

Tax day is almost here– a happy day for those getting a refund, and an irksome day for those that owe more than they had anticipated. The good news for all of us at least is that it should all be over soon, and then using the data we just … Continue reading

By Regina A. DeMeo: What Is “Ours” Versus “Yours” or “Mine”?

This is a question that plagues me every day– either in my consults for prenuptial agreements or with those about to embark in the divorce process. Explaining the law is easy, but getting couples to agree on what should be part of the marital pie is often not easy at … 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

By Regina A. DeMeo: 5 Tips For Those About To Tie The Knot

During the height of wedding season, I spend a lot of time each week talking to couples not just about matrimonial law and the benefits of having a prenuptial agreement, but also about more practical issues, like the need to set a realistic household budget together and to be open … Continue reading

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