Divorce conversations don't end when you inform your spouse and children. Telling your family members and friends about the divorce is another great step. The divorce process can be complicated -- it may be best to have support from your loved ones. So, how do you...
One of the first things that many people want to do when they file for divorce is to close down a joint bank account. Most married couples have shared accounts. If you and your spouse are paid through direct deposit, all of your checks may end up in that account...
Unaddressed financial issues can break a marriage and destroy one spouse’s side of a final divorce resolution. After giving so much of your life to the relationship, you deserve a fair share of all marital property. Unfortunately, most people disregard many forms of...
There is no question that the divorce process is costly. Unless you’ve only been married for a few months, dividing your household into two distinct households will cost both you and your spouse time, energy and money. Thankfully, there are ways to keep your legal...
When preparing for a divorce, some issues to resolve are more evident than most. If you have children, then determining child custody and child support payments will be obvious. One of you may also need to make alimony payments to the other. If you have a house, you...
You may have read articles saying half of all marriages end in divorce and assume that your relationship is doomed to fail because you are having issues. According to U.S. Census data, the divorce rate in 2019 was 7.6 per 1000 and the marriage rate 16.3 per 1000,...
Couples going through a divorce face a lot of uncertainty, especially when it comes to money. Not only is going through a divorce expensive, but divorcing couples often face financial challenges amidst a divorce. One of those is when couples divide debts in divorce....
If you have never taken much interest in your joint finances, getting divorced may be the time to start doing so. Franklin D. Roosevelt said, “Real estate cannot be lost or stolen, nor can it be carried away.” Unfortunately, as many divorcing spouses have found out,...
A survey by Bowling Green University found that if you are going to divorce, it may be better to do it earlier, especially if you are a woman. The report discovered that a single 63-year-old woman who had divorced after turning 50 was nine times more likely to be in...
You have spent years building your business, and it may be one of your most valuable assets. However, if your marriage ends in divorce, that business can also be one of the most stressful aspects of property division. To ensure that you receive your fair share of your...