Undoubtedly, you have heard of prenups, which are premarital agreements that determine ahead of time the terms of your divorce, particularly asset division. Creating a prenup comes with the benefits of establishing open communication, securing your financial future...
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Military life can add new challenges to divorce
For some, the military lifestyle is too challenging and leads directly to divorce. This is shown in the divorce rate, which has been on the rise. In 2001, it was at 2.6 percent. By 2011, a decade later and after the military was sent to Afghanistan, it had gone up to...
Relocate smoothly as a single parent
As a single parent, life is often chaotic and you need to rely on consistency and organization to get through every day. But when less frequent events crop up, such as deciding to relocate -- perhaps to a different state -- you need to be more prepared than ever to...
How do taxes work regarding alimony?
Either receiving or paying alimony can be a very complex when it comes to how it relates to taxes. It is important to make sure you know what is tax deductible and what you are likely to owe. If you are receiving alimony, this should be taxed as alimony. Similarly, if...
Protecting your assets with a prenuptial agreement
If you are thinking of getting married in Florida, do not forget to think the consequences of divorce. Without a carefully drafted prenuptial agreement in place, you could end up having to split your marital or individually owned assets with your spouse. A prenuptial...
Should I appeal my divorce?
It extremely common for a spouse to be unhappy with the judge's divorce ruling. When this is the case, you always have the right to appeal, but you may wonder whether it is the right thing to do and whether an appeal will be worth your trouble. This blog will offer a...
Common qualified domestic relations order mistakes
A Qualified Domestic Relations Order (QDRO) is a document that concerns a person's pension plan and the relationship it has to one's former spouse after divorce. It is a legal document that instructs the pension plan administrator of how the pension plan shall be...
Divorce after 50: Is it worth it?
Divorce over 50 is becoming an increasingly popular trend. "Gray divorce", as many are now calling it, is strongly linked to retirement and perhaps the discontent that comes with it. Being around your spouse 24/7 might not be as appealing as you might think once you...
How to divide up even the most complex of assets in your divorce
If you and your spouse are going through a separation, then one of the first things you two can benefit from doing is sitting down and making a list of every single asset that the two of you have acquired during your marriage. In doing this inventory, it's important...
3 ways divorced stay-at-home moms can rebuild credit
If you were a stay-at-home mom while married, it can be daunting to rebuild your finances after divorce. Figuring out how to do it all on your own can seem impossible at times, but do not lose hope. While divorce can be hard on your finances, it is possible to build...
