When families have a multitude of important assets such as shared cars and holiday homes, dividing assets in the event of a divorce can be complex. This can also be true for less tangible assets such as stock options, retirement plans and even pieces of art or jewelry that hold sentimental value. More often than not, separating couples come into conflict in regard to who should keep what possessions. In this situation, couples often seek legal guidance and financial advice to help them navigate through this difficult time.
Divorce settlements are usually looked at as a final statement, set in stone, that can be brushed aside and never looked at again. Although many divorcees would rather move on with their lives and never have to think about the stress and unsettlement that going through a divorce can bring, the reality is that on occasion a divorce settlement should be reconsidered, because some of the terms are not working for one of the individuals.
When going through a divorce, you may already have a vague plan of your next steps as a single parent. Perhaps you want to move back to your hometown, move out of state in order to get a fresh start or move to a new city to start a new job. Regardless of what your plan is, you may have concerns about what your former spouse might have to say about your intention to relocate along with your child. You might also have concerns about whether it is legal to relocate if the other parent still has legal custody of the child.
There is no single reason why parents wait until their children are adults to get divorced. In some cases, the parents haven't started having relationship issues until then. Financial issues could play a role. The empty nest could impact the parents' relationship.