Before deciding to get a divorce, some couples choose to separate. This provides them some time to evaluate their options in perhaps a less adversarial living situation. When choosing their future path, each spouse may put effort into identifying their joint assets...
Divorce
How does divorce affect children?
Divorce is a stressful time for all parties involved, especially children of divorced couples. Depending on your children’s ages, they may not understand why you split from your spouse and even with an explanation they may still find it confusing. Your children may...
Who keeps the retirement plan after a divorce?
Couples who contributed to growing a retirement fund do not necessarily damage their nest egg by divorcing. The American Academy of Matrimonial Lawyers conducted a survey in 2016. As reported by CNBC, the survey showed that attorneys stated pension funds and...
How can you handle financial stress during a divorce?
As a married couple, financial management is difficult. When you are going through a divorce, this can make your financial situation even more complex. No matter how long you are married, for some time, you shared your finances with another person. How can you handle...
Should you settle your divorce or go to trial?
The divorce decisions you make are going to impact you for the rest of your life. In the "heat of your battle," the right decisions are difficult, if not impossible. You may favor settling out of court. Or going to trial may serve you better. Your choice – divorce or...
Do I have to pay off debt before I divorce?
If you and your spouse have realized that your marriage is over, you must now embark on the process of figuring out how to disentangle yourselves from each other. This will impact every facet of your lives from your social circle to where you live and more. Like most...
Choose a better divorce over a bitter divorce
When getting a divorce, many people feel isolated in their decision. The other partner may not want to get divorced. Children may believe this parent is breaking up the home and may cause them to lose touch with the parent who is not the dominant caregiver. This can...
No divorce is too complicated for the mediation process
If you and your spouse have decided to end your marriage, you may dread having to appear in court where personal matters become public and complicated situations often become heated disagreements. Mediation is an alternative that has gained steadily in popularity,...
Using a postnuptial agreement
A postnuptial agreement is a marriage contract entered into between married spouses after the actual marriage. According to Legal Nature, the law permits parties contemplating marriage or who are already married to enter into a domestic contract governing certain...
Assets and debts divided in divorce
Virtually everyone has heard other people lamenting about what assets or belongings they lost to their former spouse as part of their divorce settlement. As so much attention is given to the division of assets in a divorce, it seems that many people forget or never...