Going through a divorce is usually a very personal and emotional decision to make; however, it will also have hard-hitting financial implications that it is vital to pay attention to. When going through asset division in a divorce, you should keep in mind the tax...
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When can a parent make medical decisions for a child?
When you are a custodian of a child, the responsibilities go far beyond the simple visitations that you have with your child. You, of course, have the duty to love, protect, and help them grow up to be responsible adults. With these responsibilities, you will have to...
How is art divided during divorce?
Divvying up sentimental items is often what causes the most heated arguments during divorce. Often items in a married couple's possession have priceless value to them, although to a neutral party the value would be negligible. When it comes to art during asset...
Tips for stay-at-home moms transitioning through divorce
Most people plan to be with their spouse forever. However, that is not always the case, and sometimes, divorce is necessary. By nature, divorce proceedings tend to be complex, but they can be especially difficult for stay-at-home moms. There are a few tips...
3 things to remember about divorce later in life
You've been married for nearly four decades, but you're finally calling it off. For the most part, you and your spouse are on good terms. You've just decided together that it's best to end the marriage. Even so, this process can be complicated and it's going to...
Dividing assets the right way in divorce
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...
Steps to take in modifying a divorce settlement
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...
Can I add a relocation clause in my divorce?
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...
Why do parents wait to divorce until the kids grow up?
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. So,...
‘Gray divorces’ often leave women in poverty
So-called 'gray divorces' between senior citizens frequently leave the wives impoverished, according to a study done by sociologists at Bowling Green State University in 2010. The women discover to their chagrin that meager Social Security benefits are insufficient to...
