After a divorce or separation, it is common for at least one member of the former couple to move away. When children are involved, this situation can become complicated, because it means that the family unit will be separated geographically. If you are a parent who is...
Month: June 2018
3 steps to reentering the workforce after a divorce
Marriage is all about making sacrifices and supporting your partner. In an ideal situation, both partners share this burden equally. Sometimes, however, one spouse makes personal and professional compromises in order to support the career and endeavors of the other....
The impact of a military status on families
As a divorcing parent, the profession that you have should never have to influence the custody you have over your children after the divorce has been finalized. However, when you are a member of the military, the duties that you have can potentially impose on your...
Divorcing seniors: How to search for hidden assets
When a couple is older, there's a better chance that they'll have a higher net worth than their younger counterparts. For this reason, so-called "grey divorces" tend to involve more money, assets and property. Divorcing seniors sometimes have retirement accounts,...
How is alimony calculated and amended?
When a divorce is finalized, it is possible that the judge rules that alimony is to be paid from one former spouse to the other. This is usually a temporary arrangement that helps one spouse to make the financial transition to economic independence. Many people who...
Owning or renting after divorce — which is better?
If you're divorcing later in life, you must be especially prudent when deciding on your living accommodations post-divorce. Your initial reaction may be to fight for ownership and occupancy of the family home. But is that the wisest course? Often, it's not. This is...