Divorcing couples have certain hot-button topics, and custody of the kids and ownership of the family home are two common ones that prove to be sticking points. In the latter, sometimes fighting over the house can wind up being a pointless exercise in frustration.
Before heading off into marital bliss, it's important to get to know your prospective spouse and his or her views on important matters.
A Qualified Domestic Relations Order (QDRO) is frequently required when going through a divorce. They are generally used by the court to resolve three main issues: issues regarding the living maintenance for both people after they have divorced, to maintain the lifestyle of a child when their parents are not together, and to divide assets in the divorce process.
To may pet owners, their dog or cat is a beloved member of the family. But when divorce looms on the horizon, they are startled to realize that Fideaux or Puffy is considered just another piece of property not subject to custodial agreements.
If the thought of facing the holidays for the first time as a single parent has you ready to curl into a ball to hibernate until the festivities are all over, you're in good company.
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.