Tag Archives: Marital Finances

How Non-Traditional Marital Finances Affect Your Divorce

How Non-Traditional Marital Finances Affect Your Divorce by Joshua Katz{3:30 minutes to read} Every married couple handles their finances differently. 

In a traditional marriage, you, as a couple, have joint bank accounts, pool your incomes into one account, and pay household bills out of that account. You both know what’s in the bank and whether you are saving or losing money each month. When it comes time for tax season, you file joint tax returns. You know each other’s income, and things are fairly simple when it comes to divorce. 

Continue reading