That's why the duo, who are both certified divorce financial advisors, launched Divorce Friday, a financial education blog for those going through a split.
"I know that women need more help when they're going through a divorce.
Through the years, Pappas and Chen have seen some common mistakes that divorcees make when divvying up assets.
"If they're going to be single now, the tax rate is effectively higher, so they're going to have less income with a higher tax rate, and that is a problem."
2024 federal income tax brackets
Persons:
Diane Pappas, Chris Chen, Pappas, there's, it's, Chen
Organizations:
Census, Centers for Disease Control, Business
Locations:
State, New York