A divorce can be one of the toughest times in a married couple’s life, financially and emotionally. While there are still many divorces to be finalized this year, there has been a steady decrease in divorce rates since 2010. Moreover, the statistics keep decreasing.
When two parents decide to file for divorce, there are a lot of factors to consider in order for the divorce to be smoothly finalized. Parenting time and visitation rights are only two of several factors to which both parents must agree.
Having a child can be one the happiest moments in a couple’s life, with the child being everything that the couple could ever imagine. However, not all childbirth occasions are happy or joyous, especially when a child’s parents are no longer together. In fact, having a child can make for a huge burden, emotionally and financially.
Communication is key to a healthy marriage and should always be held dear to each spouse. However, any heated argument between both spouses can make for a very frustrating relationship, especially when the decision to dissolve the marriage has already been made.
Getting married is one of the most exciting times in someone’s life. Soon-to-be married couples eagerly anticipate spending the rest of their lives together and creating lasting memories. Yet before marriage, many couples decide that it is in their best interest to draft agreements on certain assets, and they often have questions that they are afraid to ask.
The process of establishing paternity can be very complex, with many steps to follow. However, this process is not impossible. The parents need to know how to navigate through the steps to ensure legal paternity for their child, and to establish healthy and mature relationships for the years to come.
The news never seems to have a shortage of homicides stemming from a divorce. One of the more recent involves the death of a mother and her two children. Although police have yet to confirm who is responsible for the deaths, they have stated that the woman was going through a divorce.
Couples often assume that a finalized divorce is the end of their separation journey, but nothing could be further from the truth. Steps must still be taken to complete the unraveling of finances, and there are still some areas in one’s life that can be impacted by a divorce. For example, a divorce can affect a person’s federal income taxes. Learn more about taxes and divorce for disadvantaged spouses, and how some of the decisions you make now may impact you when you file your taxes next time.
Most couples recognize that divorce is an emotional event, but some underestimate the financial implications. Do not let this happen to you. Instead, recognize the financial risks of divorce and learn how to mitigate against them with help from the following information.
Some divorcing couples are surprised to find out that a business can be part of their marital estate – the property acquired during the course of the marriage that must be divided upon divorce. It can be especially surprising if the other spouse never worked at or “officially” contributed to the business. Thankfully, a skilled divorce lawyer can help you assess what the scope of your marital property is and what may be excluded. Mediation may also be a valuable tool in preserving a business during a divorce. Learn more with help from the following.