Avoid these mistakes when divvying up assets in a divorce

Article taken from CNBC

Talk to anyone who’s gone through divorce and they’d likely say the experience was no walk in the park.

Yet the notion may be weighing on more spouses during the pandemic, some research shows. For instance, based on Loanry.com’s internal data, there’s been a 62% increase in loan inquiries related to divorce expenses in the last 12 months, the company said.

However, that may not translate into a higher divorce rate in 2020, even if more people are exploring the idea.

“We all had predicted it, but we’re not seeing it yet,” said Elizabeth Lindsey, president of the American Academy of Matrimonial Lawyers.

Jennifer Monroe

Legal Assistant – Real Estate

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