As your marriage comes to an end, the need to protect your financial future intensifies. Amidst the turbulence of divorce, feelings of resentment or anger may lead your spouse to believe they deserve more than their fair share of the marital property. When the risk of...
Divorce
Preparing for your first meeting with a divorce attorney
Deciding to file for a divorce is only the beginning of what can be an extremely challenging process that will uproot every aspect of the life you spent with your soon-to-be ex-spouse. This journey starts with your first meeting with a divorce attorney. Being upfront...
A QDRO can help divide retirement assets in divorce
When getting divorced, retirement assets can become complicated. If you have an actual investment portfolio or a bank account account holding your funds, you can divide this between the two of you. But many people have more complex retirement assets. For example,...
How “imputed income” is crucial in determining support
When determining child and spousal support in divorce, judges are required to consider multiple factors. A big one is both parties’ incomes. Another factor is something called “imputed income.” That refers to a person’s earning potential. If this wasn’t considered, a...
Take the proper steps when closing a shared account
If you’re getting a divorce, it is probably a good idea to close your shared accounts. You and your spouse may have shared retirement accounts, shared investment portfolios and shared bank accounts. While the two of you were married, this just made it easier to handle...
Rules for social media during a divorce
Digital platforms are deeply embedded in daily life. For individuals going through a divorce, understanding how to responsibly use social media is essential. Missteps in this area can have unintended consequences. Social media posts, including comments, pictures and...
Why January sees a surge in divorce filings
January, a month synonymous with new beginnings and resolutions, ironically earns another title in the United States—“divorce month.” It might sound surprising, but the reasons behind this phenomenon are as complex as putting up holiday decorations in the middle of a...
How can you prepare your children for a January divorce?
For most couples who file for divorce in January, the decision to dissolve the marriage is often already made even before the previous year’s festive season. Many of these couples wait until January to start divorce proceedings to maintain a semblance of normalcy for...
What are the 3 most common causes of divorce?
All relationships have their ups and downs, so what makes a relationship between two people who were once committed enough to each other to get married totally unravel? Believe it or not, most couples cite one of three reasons for their split. These include: 1. Money...
How can you protect your child’s 529 plan in a divorce?
When parents divorce, they are usually heavily concerned with how their marital situation will ultimately affect their children – both in the present and in the future. This includes their plans for their child’s postsecondary education. If your children are still...