While planning for your divorce might seem like a daunting and unappealing process, it is important to prepare yourself for the process you are about to go through and what lies beyond it. Specifically, sound financial planning can help you avoid some of the challenges divorced people tend to face. Below are a few tips to help you protect yourself…
Approximately 2.6 percent of married male service members got divorced in 2016, according to the Defense Manpower Data Center. The rate was identical to both 2015 and 2014. However, there was a slight increase in the number of female troops who divorced in 2016 — up to 6.6 percent from the previous year’s rate of 6.2 percent. The overall divorce…
A new study published in the Journal of Social and Personal Relationships analyzes how the way couples feel about each other’s friends can influence their likelihood of a divorce. The study looked at 355 heterosexual couples. Researchers found that white couples were more likely to get divorced during the first year of marriage if the husband did not like his…
Once you’ve finalized your divorce, you may be eager to move on with your life. However, it is important to take care of some final housekeeping so that you can put yourself in the best financial position possible as you approach the future. The following are some steps to take to keep your retirement plan in order after your divorce:…
The U.S. Supreme Court recently ruled unanimously in the case of Howell v. Howell that state courts may not offset losses of a divorced spouse’s allotted portion of veteran retirement benefits when the veteran forgoes retirement pay in favor of disability benefits. This brings an end to an issue that has been the subject to considerable debate in divorce courts…
Child custody is often one of the most hotly contested issues during the divorce proceedings of couples who have children together. But in many cases, deciding on who will get to keep a family pet can be just as emotional and stressful. Courts generally treat pets as personal property rather than children. However, some lawmakers and advocacy groups have pushed…
Upon news of a divorce between the show’s stars, cable network HGTV announced its hit series “Flip or Flop” is coming back for a seventh season. The couple at the center of the show, Tarek and Christina El Moussa, are currently going through a divorce. However, that has not stopped them from signing on to do at least 20 more…
A new study from Wakefield Research, a polling company based in Virginia, indicates that there has been a stark increase in the number of couples — both married and unmarried — breaking up due to intense political disagreements. According to the study, one in 10 couples that broke up did so because of differences in political opinions, with Millennials (people…
Recent reports indicate billionaire Harry Macklowe may be attempting to conceal assets as he goes through a divorce with his wife, Linda. Macklowe was reportedly the secret seller of a Roy Lichtenstein painting to be auctioned off for $35 million, indicating he is attempting to build up a cushion in what is expected to be about a $2 billion divorce.…
With the increasing prevalence of “gray divorces,” a term commonly used to describing divorces involving older adults, spouses and attorneys sometimes must deal with the issue of what should happen if one of the parties involved passes away before the divorce is finalized. This, of course, can add some complications to the process. In most cases, a court will not…