The end of a marriage is a sensitive time for many people as it often means the end of a long-term relationship. This can create special challenges for couples going through the divorce process. Because each couple and family, and their circumstances, are...
Child custody battles are usually followed by child support negotiations and legal battles. In most cases, the non-custodial parent has to pay child support to the custodial parent to help them bear the finances of the child. The law is strict towards parents that do...
The divorce process can be emotionally challenging. Divorces involving high net worth individuals can be especially challenging in many ways. Behaving against your interests during the divorce process, however, can have significant financial consequences both during...
People use prenuptial agreements to protect their property and money in case their marriage ends in divorce. If you are not protected through prenuptial agreements, there is a chance you might lose most of your property. That adds to the emotional distress a divorce...
As if dividing one's financial life from married to single status wasn't enough, there are sometimes hidden costs one should be aware of. One part of the divorce process is asset division. If a couple has been married for many years, they have likely accumulated...
Many of our readers may have seen the recent news that actor Cuba Gooding Jr. has filed for divorce from his wife of 22 years. The couple, who met in high school, legally separated in 2014. In his divorce filing, the 49-year-old actor is seeking to keep all his...
Most modern divorces do not end in a clean break. You have children; there are joint business ventures, or you may even decide to keep the retirement accounts jointly held because it is cheaper and better for you both. In fact, many people will stay in contact for the...
Now that you and your wife have decided to divorce, it is time to start preparing for the process. Your entire life is going to change, from where you live to how often you get to spend time with your daughters. During the settlement process, you will have to disclose...
In a number of ways, divorce is similar to a business dissolution where assets, liabilities and wealth are divided. In addition, there are understandable emotions commonly involved in the divorce process. Though divorce can be a process complicated by emotion,...
If you are contemplating getting a divorce from your husband or wife, you may be wondering how a divorce would affect your finances. Since a married couples' finances are usually combined, the process of divorce would effectively take all marital property and divide...
