There is an old joke that stands for the following proposition “marriage is the root of all divorces”. Is the cart before the horse? At this point in time the number of couples getting married has dramatically declined in the United States. Prior generations, Generation X and the Baby Boomers, enjoyed a marriage rate of over 70%. It was the…
There are a lot of potentially stressful issues that you will encounter during your divorce, not the least of which is the choice of whether you should move out of your home during the process. Your home could possibly be your most valuable asset, and you have likely built up a lot of sentimental attachment to it as well. So…
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 few lead to reconciliation, the…
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 divorced and then married each…
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 possible so that you can…
While parents have the final word on the decisions that are made regarding their children, there are certain rights that grandparents can attempt to enforce as well. These rights could depend on the marital status of the parents. If they are married, they could jointly decide to deny you any time with your grandchildren, and the court can do nothing…
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 divorce disputes. Retirement accounts could…
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, it’s important that you do…
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 Credit. This credit covers expenses…
When you are going through the divorce process, child support is likely to be a sticking point for you and your spouse. However, while you work to come to a long-term agreement who will pay child support (and how much), you do have the ability to seek a temporary order of child support to be paid to the parent that…