Divorce requires more planning than you might initially expect, both emotionally and logistically. You will not simply wake up one morning dissatisfied with your marriage and decide to file for divorce later that day. Instead, you'll probably go through different...
When can you get a prenup nullified?
It’s looking like 2021 will be the year you and your spouse finally end your marriage. You anticipate that it will be a rather straightforward process because the two of you have a prenuptial agreement. However, when you dig it out of your files and look it over, you...
With divorce in mind, don’t commingle your inheritance
When you get a financial inheritance from your parents, it can change your life. That sudden influx of money may give you enough to retire, start your own business or merely feel secure in the fact that your financial future is protected. To keep it this way, if...
What a separate bank account can (and can’t) do for you in a divorce
If you’re planning to tell your spouse you want a divorce or you anticipate that they’re considering one, you may put some money aside in a bank account in your name. It can be wise to do that –- particularly if you’re concerned that your spouse could clean out your...
4 financial issues that could affect a high-asset divorce
Every family will have unique concerns that make their divorce proceedings different than those of others. Even someone else in a marriage that might seem similar on paper due to income, family size and the ages of the couple divorcing will likely have a very...
The many types of post-divorce modifications
Divorce will change your life in many ways. From where you live to your financial circumstances, you should expect to make a variety of high-level changes in the immediate future. Post-divorce, you’re expected to abide by the terms and conditions of any and all...
What happens to a family business during divorce?
Your family business is truly a family-owned and operated company. You and your spouse are the only two founding members. While you do have employees now that the company has grown, you are still the owners and you are both very hands-on when working at the company....
What happens to your retirement account or pension in a divorce?
Married couples tend to plan for their future together. Your retirement budget and savings likely reflect an intention to live with your spouse and share your expenses and savings during your golden years. However, just because you've planned something doesn't mean...
What to do if you want to file for divorce
You’ve tried your best to make your marriage work, but you’ve come to the conclusion that it’s time to file for divorce. It’s a bitter pill to swallow, but staying in a bad marriage won’t do you any good. Here are some steps to take if you decide that you want to file...
Mediation provides confidential divorce negotiations
A conflict-heavy divorce takes a huge toll on a family. Arguments and hostility can create untenable home environments that can lead to years of resentment between parents and their children. To combat this hostility, many couples use mediation to draft their divorce...