During a divorce, financial issues often take center stage because people debate how to divide their assets – income and earnings, investments and savings, retirement benefits, real estate, etc. But even before the divorce, it can be important to consider the couple’s...
Divorce can result in feelings of instability and emotional trauma in a child. From when their parents tell them they are getting a divorce to when they start moving between two homes, a child may experience emotional distress. And this can be expressed in their...
If you and your spouse get divorced, you do have to divide the assets that you earned or received during the duration of your marriage. These typically count as marital assets. On the other hand, you may have separate assets, such as a house you purchased before the...
Marriage is a journey filled with highs and lows, but when the lows begin to outweigh the highs, many couples wonder if it’s time to keep trying or let go. Divorce is a deeply personal decision, one that should be approached with clarity, honesty and care. Before...
If you and your spouse have decided to file for divorce, you certainly may be aware that your spouse could try to hide assets. It’s worth looking for any unusual financial behavior, such as transferring a large amount of cash to a family member, who may simply give...
If you are going through a divorce, don’t assume your spouse will be forthcoming about their finances. Many divorces involve some level of asset concealment, and it can seriously affect the outcome of the settlement. Hidden assets in a divorce can include anything...
Going through a divorce is a major event in a person’s life because most of the things they’ve taken for granted during their marriage will change. One thing that has to be handled during this process is determining what happens to the assets they amassed during the...
You can always find examples of young marriages that do last. Maybe you know someone who tells you that their grandparents got married at 18 and stayed married for the next 70 years. However, from a statistical point of view, these marriages have the highest divorce...
If you have decided you want a divorce, then you are going to have to tell your spouse. It’s unlikely to be an easy conversation to have, but it is one you need to get out of the way. Considering the following things first can help: 1. Are you sure? Do you think you...
No-fault divorce has grown in popularity across the U.S. over more than a half-century since then-Gov. Ronald Reagan signed it into law in California back in 1969. Reagan, who had been through his own public divorce, said he believed no-fault divorce “is a step...