While it is the couple that gets divorced, when children are involved, the whole family suffers from the effects. Learn how you can minimize the damage to the kids when divorce divides a family.
If you're going through a divorce, you're probably confused by what will be considered separate property and what will be considered community property. However, just when you think you've got it all figured out, you're met with the term "quasi-community property." Yes, quasi-community property is real, and the term might apply to some of the property at stake in your asset division proceedings.
The words "marriage" and "easy" are rarely associated with each other. The fact is, sustaining a marriage is one of the most difficult things two people can do in the best of circumstances. But if one of the partners has stopped trying to make things work, the chances of a marriage remaining healthy are reduced to nearly zero.
One of the most common trip-ups that marriages struggle with and that ultimately can be the final straw is the topic of finances. While a marriage is built on love, more often than not, it's money that tears it apart. If you didn't have a prenuptial agreement in place prior to marriage, then you may have the ideal opening to come in with a postnuptial agreement.
Much has been said about the greater numbers of baby boomers who now divorce compared to decades past. Some may attribute it to changing American norms of economic independence. Regardless of the reason, graying divorcees may face some challenging financial circumstances after a divorce.
After a divorce, one thing that might be a concern is what happens if you've frozen sperm or embryos to use with your now-ex husband or wife. Not addressing what happens to these embryos can lead to problems down the line. For instance, one couple who got a divorce is fighting over them because the woman wants to get pregnant with the embryos. However, her ex-husband doesn't want her to have any more of his children.
If you are thinking about divorce, there is a good chance you are ready to move forward right now. However, your marriage is not over until you sign the final papers. For this reason, you need to make sure that the divorce process is truly best for you and your partner.
As you go through the divorce process, it's easy to believe that your life will never be normal again.
As you move forward with divorce, it won't be long before you realize that the future will not be the same. This is true in many ways, including your finances.
Are you faced with the divorce process in California? Will the process heat up in the near future?