Transitioning one household into two is one of the many challenges that divorcing couples face. If you were to divorce in an “equal distribution” state, you’d be required to divide the value of your marital property 50-50 with your spouse. But, if you’re divorcing in...
Some people associate prenuptial agreements with the very wealthy and spouses-to-be who do not trust each other. But in fact, a prenup can help each spouse feel financially secure entering the marriage. Anybody of any income and level of wealth could use the...
When people are getting divorced, they are sometimes tempted to try to hide assets. There are many different ways that they will do this, including simply putting money into a secret bank account or a safe deposit box. Some people will transfer money to friends or...
No-fault divorce hasn’t always been possible in the United States. It started back in 1969 in California, and it has now spread across the country. There are still states where you can declare fault if you want to, but you typically don’t need to have a reason to get...
In many cases, the turmoil associated with divorce is caused by the asset division process and trying to figure out who gets what. Pensions and retirement plans are often critical assets both parties target during a divorce. However, some issues may arise with these...
You’d like to get divorced, and you get the sense that your spouse may feel a bit blindsided. You know that they don’t approve of divorce in a general sense, and you imagine that they’re happy with the relationship – even though you clearly are not. You may want to...
You might have been married for 30 years or so, but that does not mean a divorce is out of the question. These days more couples are getting divorced in their 50s than any other age group. A report from the U.S Census Department in 2021 indicates that 34.9% of couples...
Most people don’t think that they’re ever going to have to go through a divorce. They believe that they will resolve their issues with their spouse and stay married despite bad times. Unfortunately, that’s not always how things work out. If your spouse has decided to...
Even if you have a prenuptial agreement, do not assume that it is valid. You may end up facing divorce and learn that your prenup isn't going to hold up, and that means you're not going to get the protections that you assumed it would offer you. It can be helpful to...
Children who are learning to live between two homes after their parents divorce may have trouble adjusting to the new way of life. The parent who moves out of the home that the children have been living in might soon realize that they need to help the children feel...
