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Category Archives: Divorce

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How Divorce Affects Social Security Benefits

By Todd K. Mohink, PA |

Social Security can seem like a complex system. How much will you receive in retirement and what factors affect it? Divorce is one such factor, and depending on how long you were married, you could be entitled to much more than you think. If you have been through a divorce, you know that money… Read More »

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Will Separate Bank Accounts Protect Your Money in a Divorce?

By Todd K. Mohink, PA |

Millennials seem to be bucking a lot of trends. Not only are they getting married at lower rates, but when they do decide to tie the knot, many are deciding to forego the tradition of merging finances and opening a joint bank account. In fact, 28% of married millennials have opted to keep their… Read More »

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How Going Into Debt Over a Wedding Can Lead to Divorce

By Todd K. Mohink, PA |

Many couples get overly excited as they get engaged and plan their dream wedding. There are many expenses involved and it can be hard to stay within budget. In fact, the average wedding costs around $30,000. That’s a large amount of money for a young couple, but many couples want the perfect fairy-tale wedding… Read More »

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Preparing for Divorce Season

By Todd K. Mohink, PA |

Summer is known for barbecues, pool parties, vacations and, oddly enough, divorces. The divorce rates are at their highest in August and March. The reasoning behind this is families tend to spend more time together in the summer, which can lead to heightened tensions and more arguments. If there were already problems in the… Read More »

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Benefits of an Early Consultation With a Divorce Lawyer

By Todd K. Mohink, PA |

When one party of a married couple decides to meet with a divorce lawyer, it is often too late. They have no money saved up. They have no plans in place, particularly when children are involved. They have no idea about the household debts. They may not even have a job. This can lead… Read More »

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Divorcing Due to Medical Bills

By Todd K. Mohink, PA |

Couples get divorced for many reasons. Even in long-term marriages, finances are a common factor. It is typical for one person to be a saver, while the other freely spends all the money. However, some divorces, particularly among the elderly, are caused by medical debt. As people get older, medical expenses tend to mount…. Read More »

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What Happens to a Wedding Ring After a Divorce?

By Todd K. Mohink, PA |

In a divorce, you and your spouse will split up all your marital assets. You will decide who gets the house or cars. You will make decisions about child custody. You may split up valuable collections. You may even decide who gets the pets. But what about the most sentimental marital asset of all:… Read More »

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Pre-Divorce Checklist: What to Do Before Filing

By Todd K. Mohink, PA |

A divorce is something that should not be taken lightly. Such an event ends a marriage and can have financial and emotional consequences for all involved. There are a lot of steps and documentation required in a divorce. It is easy to forget to do something, and one little mistake can negatively impact your… Read More »

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Tips for Recovering After a Divorce

By Todd K. Mohink, PA |

Nobody goes into a marriage expecting to file for divorce down the road. Unfortunately, though, it does happen—about 50% of the time. People change, feelings change. As we get older and more mature, we often discover that what we wanted in our 20s is no longer what we desire as we approach middle age… Read More »

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Why Are Women More Likely to Initiate Divorce?

By Todd K. Mohink, PA |

Women seemed happier with their marriages in the past. Back in the ‘50s, women were homemakers who managed the home and kids while the husband worked. They were not expected to work outside the home. Now that we’re in the 21st century, times have changed. Women are in the workforce earning as much or… Read More »

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