When a marital estate includes retirement savings, those funds can be a point of contention during divorce. Many people feel anxious about dividing what they have saved for retirement. In many cases, people feel anxious about not just needing to split the account...
Divorced or separated parents generally have to share parental rights and responsibilities. They divide parenting time and legal authority over their children. They also both typically have a degree of financial responsibility for their children. The parent who has...
If you and your spouse are joint business owners, one option during divorce is to sell the company. This simplifies asset division. Since both of you have ownership, you can sell the business and split the proceeds. However, you may be uncomfortable with this idea...
Divorce can have a significant impact on your finances, affecting everything from your income to your assets. Understanding the financial implications early on can help you to make informed decisions and avoid costly mistakes down the road Whether it’s dividing...
When couples divorce, they must address their combined financial circumstances. Divorce almost always requires property division negotiations or litigation. Spouses may also need to negotiate terms for financial support. If one spouse left the workforce to raise the...
A family law case in Virginia made headlines this month due to a property division concern that is relevant to an increasing number of couples across the U.S. In this case, a judge ruled that a divorced couple’s frozen embryos were not divisible property. As assisted...
The primary worry of divorcing couples is the separation's impact on their children. It is a traumatic situation, and the last thing you want to do is move them away from the familiarity of their home and neighborhood. What are the pros and cons of trying to keep the...
Shared custody generally requires regular communication. Parents have to talk about their children to effectively meet their needs. They also have to see each other frequently to exchange custody. Fulfilling those obligations can become significantly more difficult if...
When you get divorced, there will probably be a small circle of people you tell first. This generally includes close family members and friends. It may expand over time to the point where you may even post about your divorce on social media. But as you go through this...
Few things are as emotional and challenging as undergoing a divorce. It can be helpful to understand what steps to take, such as seeking legal representation and prioritizing your children's well-being. However, understanding what not to do is just as essential. If...
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