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June 2018 Archives

The wrong retirement decisions can be costly in divorce

Most people start learning about money early in life. Whether it’s earning an allowance or making change to buy gum from a vending machine, the idea is clear. You get money and then you save it or spend it. While that’s a valid foundation for later in life, money is rarely that simple.

Foreclosure suit thrown out for missed deadline

A New York appeals court dismissed a couple’s foreclosure case in April, unanimously ruling that the lender had missed a key deadline in its efforts to repossess their Long Island house. As a result, they are able to keep their home … with no more mortgage payments.

Evolution: a "generational change" for younger married couples

If you're a New Jersey member of America's vast baby boomer group, there's statistically a good chance that you're not too enamored of go-it-alone financial strategies for marrying couples. That is, many relatively older Americans believe that a true marital commitment requires a single pot of money poured into a joint account absent any "mine" and "yours" markings.