There’s a chance you could be awarded alimony as a part of your divorce settlement. In this arrangement, you may have a choice between getting an upfront lump sum payment periodic payments spread out over time, especially if that alimony arrangement will be a short-term one. Although most people have periodic alimony arrangements, there are… Read More »
As you work through your divorce settlement, it’s understandable if most of your focus gets placed on child support and custody arrangements, alimony and major assets like houses, cars and retirement accounts. However, as you negotiate your settlement, make sure you are considering all your assets. There are a few that often go unconsidered in… Read More »
Although U.S. divorce rates have been in decline in the new millennium, many people still find it advisable or beneficial to create prenuptial agreements that protect their interests and assets in case a divorce happens. It’s true that prenups can be useful agreements to protect people from the harmful fallout of a divorce. However, certain… Read More »
One of the most important tasks to complete when going through a divorce is planning for your financial future. A part of this is determining your tax outlook after the divorce is finalized. Paying taxes is always at least somewhat complicated, but a divorce can make matters even more difficult. However, with the help of… Read More »
U.S. divorce rates have risen and fallen over the past several decades. During that time, each generation has had its own approach to divorce. The divorce rate peaked during the late 1970s and early 1980s, but ever since it has been on a steady decline. However, the number of new marriages that fail is still… Read More »
During a divorce, both spouses must be completely open and honest about the assets they own — and the value of those assets. However, trust issues are common for people going through a divorce, and some may have a hard time being certain they are truly getting a fair share of the settlement. This is… Read More »
Every marriage has its rough points, and all couples have disagreements least occasionally. It is how couples work their way through those arguments that determine the long-term health and viability of a relationship. Ultimately, spouses who frequently argue in unhealthy ways tend to get divorced at higher rates. How can couples argue without it leading… Read More »
Within the last few years alone, 12 states have discussed bills in their legislatures that center on the issue of the legality of child marriage. So far, all these states have said children under the age of 18 can marry, but there are certain conditions attached to it. An important follow-up question that has not… Read More »
Deciding to end your marriage is never easy. As you go through the emotionally and logistically difficult process, it is important to have an attorney who can support you on many different levels. First, you should focus on finding an attorney who is compatible with you. You should always feel comfortable speaking with your lawyer,… Read More »
In general, the longer you have been together as a married couple, the more assets you have collected and the more expensive and drawn-out the divorce process will be. In addition, recovering financially from your divorce before your retirement can be more difficult, considering how close you are to your retirement age. According to Pew… Read More »