You’re getting divorced, and your spouse is going to have to pay alimony, also known as spousal support. Perhaps you left the workforce to help raise a family, counting on your spouse to support you all financially. Since you’re losing that support in the divorce,...
The worst thing about your divorce is the fact that you no longer have your child living with you full-time. It wouldn’t be so bad, except that your ex-spouse is frustrating every attempt you make to spend time with the kids. Every time your visitation day rolls...
Most divorces don’t come entirely out of the blue. If you’re approaching a breakdown of your marital relationship, the odds are high that both you and your spouse see the writing on the wall. That can be a good thing. It can allow both of you to take stock of your...
Unless a divorcing couple negotiates specific arrangements to the contrary, chances are good that their retirement accounts will be subject to division during a divorce. Any marital income contributed to the accounts are likely to be considered part of the marital...
There are some financial assets that you can divide fairly easily when you get divorced. For example, you may have a small checking account where you keep money for daily spending. You can simply divide the contents of this account between you and your ex. There...
Unless you already have an agreement with one another, the division of your property as you prepare to divorce is typically a major challenge. However, it is more difficult for some couples to handle property division matters than it is for others. The more valuable...
Dividing up your lives in a divorce also means that you and your spouse have to divide up the marital property as equitably as possible. That can get very complicated when those assets include stock options held by one or both spouses. Stock options are often given as...
Married couples typically make big purchases together, such as the home where they live. The price that you offered for the property may very well have required the income you both earned for the mortgage you obtained. Now that you find yourself thinking about...
The conversation about income levels and divorce often just goes one way: People assume that those with lower income levels are going to have higher divorce rates. The reason that they give for this is that earning less money creates a level of financial stress. It...
An inheritance can be one of the more difficult things to divide during a divorce case. For one thing, it may be a very substantial financial asset, and it could be worth as much as anything else that the family owns. For another thing, it’s a problematic asset...
