No relationship is smooth sailing one hundred percent of the time, especially marriage. When two people decide to build a life together, they are sure to face some obstacles along the way. Luckily, couples often learn to overcome their differences, largely through understanding and compromise, and their marriages endure. Some…
Articles Posted in Divorce
Divorce 101: First Things First
There is a lot more involved to a divorce than two people simply going their own ways. Couples have an overwhelming number of decisions to make—how to divide their assets, where to live and, for parents, how to continue caring for their children, to name a few. As difficult as…
How Shared Custody Can Complicate Your Tax Returns
January is typically the month when we start to collect year-end tax documentation in preparation for the April tax season. While filing income taxes can be complicated for many of us, it can be especially confusing for divorced parents with children. Shared custody arrangements can raise questions regarding which parent…
Looking Ahead Can Help You Avoid Some Common Financial Mistakes When Divorcing
When going through a divorce, couples can let emotions drive their decision-making process, especially when it comes to such issues as divvying up their assets. The more contentious the divorce, the more likely the scenario of a spouse fighting for assets simply to keep them out of the hands of…
Property Division: Determining What’s Yours, Mine & Ours
When building a life together as husband and wife you will, no doubt, accumulate a lot of stuff. Normally, this isn’t a problem unless your marriage ends in divorce. At that point, you will be faced with the difficult, and sometimes contentious, task of dividing up your assets. Some couples…
You’re Divorced. Now What?
For most couples, the divorce process starts the moment they realize their marriage is beyond repair, long before they get attorneys involved and start the legal process. It can be months, and in some cases years, between the time a couple decides to dissolve their marriage and the time the…
Divorce & Your Credit Score—Prepare for Some Changes
There’s no question that divorce impacts many areas of your life: family dynamics, social relationships, even your credit score. In fact, 54% of women and 42% of men reported their divorce negatively impacted their credit scores. Why is that? Divorce can change your financial habits and obligations. Joint debt accumulated…
Understanding Child Support
When parents are seeking a divorce, some of the biggest issues they will need to resolve involve their children, specifically custody arrangements and child support. On the most basic level, child support is intended to cover the essential, daily needs of the children: food, clothing, and shelter. But support payments…
Why Rushing Your Divorce Is Never A Good Idea
For most couples, divorce isn’t a decision arrived at overnight. Usually, the decision to divorce comes after long periods of living with irreconcilable differences and numerous attempts to resolve conflicts. It is understandable then why, once the decision to divorce is finally reached, couples just want it to be over…
Amending A Divorce Settlement Can Be Difficult
When negotiating your divorce settlement, it is important to carefully review every detail. Once a settlement agreement is reviewed and signed by both parties, the divorce is considered finalized. What happens then if it is discovered that something has been left out of the agreement? What recourse, if any, do…