Divorce can be complex and there are numerous different factors to settle. Unless children are involved, the biggest issue most couples have to handle is how to divide their marital property. A significant part of the financial negotiations in a divorce will involve...
When you get divorced, one of the things you have to do is to divide your property. What you may not realize is that your children’s assets, like bedroom furniture and clothing, may also be yours to divide as well. Many of the items your children use every day are for...
The home where you live probably holds a lot of memories from your marriage. It also represents a lot of the income you and your spouse have earned over the years. Not only will you have paid a substantial amount of your income toward your mortgage each month, but...
It’s not uncommon these days for people to still be paying off student loan debt well into their 40s and even beyond. Therefore, if you and your spouse both have student loan debt as you divorce, you’re far from alone. So how do you deal with it? Generally, if you...
Financial security after a divorce is an important goal. You have to know what to expect so that you can plan for the future. Unless you and your spouse signed a prenuptial or postnuptial agreement, the outcome of your divorce will depend either on your negotiations...
The end of a marriage can be a tumultuous time. Making rational decisions can be challenging. Yet, if you do not focus, you could lose out. One critical area is the division of property. If you only think about the big things, such as the house, you could leave with...
University of Minnesota (UMN) researchers initiated a study in 2014 to understand why there's been an uptick in divorce rates in the U.S. in recent years. They discovered that an increasing number of start-up entrepreneurs, ages 35 and up, are getting divorced. The...
When you go through a divorce, one of the things you will need to do is to determine how to divide your marital property. The first step of that is to identify which of your assets are marital property and which are separate. The more you can prove certain items are...
Cryptocurrency has become an increasingly popular way for people to diversify – and hide – their assets. The law is still catching onto this digital currency, so it’s largely unregulated. As one family law attorney says, “The legal infrastructure and regulatory...
There’s nothing simple about the divorce process. Furthermore, there’s no handbook for you to follow. To a certain degree, you have to deal with the details as they come to you. However, there are general steps that anyone in this position can take to put themselves...
