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Tag Archives: divorce

Study: 79 Percent of Separations End in Divorce

A new study from researchers at Ohio State University reveals that approximately 79 percent of married couples that separate end up getting divorced. According to researcher Dmitry Tumin, the majority of separations in America last for one year or less, though some can drag on for many years. While some separations remain unresolved and a… Read More »

Should You Attempt to Restore Your Marriage After a Divorce?

It’s not unusual for divorced couples to reconcile down the road and consider remarriage. But is this really a good idea? First, let’s look at the statistics. One study indicates that 67 percent of second marriages and 73 percent of third marriages will end with a divorce. However, in a survey of partners that got… Read More »

Update Your Insurance Policies After a Divorce

One of the first things you’re going to want to do after your divorce is finalized is check all of your insurance policies and make any changes needed to your coverage and your beneficiaries. If you have an agent that assists you with all of your plans, schedule a meeting with them as soon as… Read More »

Who Gets Retirement Accounts After a Divorce?

Whenever couples get divorced, they go through the process of dividing their marital assets. These assets include any retirement accounts that were created during the time the couple was married. In some cases, retirement accounts could potentially be among the most valuable components of the overall estate, which means they can become a focus of… Read More »

Choosing the Right Day Care for Your Children

For parents who have just gone through a divorce, it can be a challenge trying to figure out what they will do to care for their young children, especially if they work long hours. Many divorced parents opt to send their young children to day care. However, when you begin looking into day care facilities,… Read More »

Child Tax Credits After Your Divorce

Some of the most valuable tax credits are those that are granted to parents to help provide assistance with the costs of raising their children. But when parents are separated or divorced, who gets to take advantage of these tax credits? There are different stipulations for each type of tax credit: Child and Dependent Care… Read More »

How to Help Your Children Get Through Your Divorce

Divorce is certainly a stressful process for children. However, there are still ways that you can help your kids get through the process so that it is easier for them to be at peace with your decision and get back to living a happy, “normal” life. The following are few tips for helping your children… Read More »

Major Media Outlets Highlight the Shift in Custody Disputes

Major media outlets highlight the shift in custody disputes towards a presumption of 50/50 joint shared custody. The Wall Street Journal has recently commented on what we have been seeing as a huge shift in the tectonic plates of parenting. In the last two years, we have heard from many judges that unless there is… Read More »

The Most Common Divorce Myths

If you are preparing to go through a divorce, chances are you’ve heard a lot of misinformation about divorce statistics, how you’ll feel after a divorce and more. Here are a few of the most common myths that you can ignore: Divorce is always harmful for children. While divorce certainly isn’t a piece of cake… Read More »

How to Make Sure Alimony Payments Are Tax Deductible

Not all alimony payments automatically qualify as being tax deductible. There are seven different requirements that the IRS has for taxpayers who want to deduct payments they make for alimony. They are as follows: Payments should be in cash or check. You cannot give assets that equal the value of your payment if you want… Read More »

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