Thursday, January 21, 2010

Divorce Cases Citing Facebook

Check out this article from regarding Facebook and the increasingly common role it plays in the breakdown of marriages, leading to divorce.
Facebook is supposed to bring people together - but may be tearing some apart.

Divorce lawyers say the social networking site is tempting users to cheat on their spouses, reports The UK’s Telegraph, and flirty messages and wall posts are increasingly being cited as evidence of extramarital activity.

One law firm says that nearly one in five divorce cases they’re working on cited Facebook, a site that allows people to connect with past friends and make new ones. Continue Reading»


Wednesday, January 20, 2010

Living on Less Money After a Divorce

There is a Discussion going on within LinkedIn's Collaborative Family Law Group regarding the process of living on less money after going through a divorce. I think this is a discussion that anyone could find useful, as divorce rates in Massachusetts are increasing and the economy is still at a low.

How do you help your clients figure out how to live on less money after the divorce?
The process is not hard. the execution of course is. First the client needs to have a very detailed budget on what is coming in and what is going out.This is the starting point. Next they need to see which expenses are fixed and recurring. There is probably little they can do about this group.
Next category is variable expenses but not essential. go through and prioritize by number from 1-10. this will help the person see what can be cut. Introduce the concept of wants versus needs. Continue Reading»