As you go through the divorce proceeding and get used to your life after the divorce, follow these tips to make this transition easier for your children.
There has been a noticeable increase in divorce rate for couples over 50, or grey divorce in the U.S. If you are going through a grey divorce, it is important to consider the financial aspects of the separation. The following are important tips to review for couples going through grey divorce.
When a divorce occurs, the division of marital and financial assets is a necessary step in the divorce proceedings. Social Security benefits may come into play in certain jurisdictions when other assets are divided. Government employees can put money into their government pension plans without contributing to Social Security. This makes a percentage of their pensions a legitimate Social Security substitute that is considered a marital asset that can be divided in a divorce.
Illinois law states that the marital property must be divided fairly and equitably, which means that it doesn’t necessarily have to be equal. An experienced attorney will advise you on how to protect your legal and financial interests.
The process of a divorce is tough on everyone in the family from the spouses to the children whose lives are about to change significantly. Divorce proceedings often involve intense emotions and some of this tension may carry over into the planning involving child custody and visitation. When going through a divorce, the parents must…
Going through a divorce can be quite difficult as both spouses may have a million thoughts crossing their minds about the process and how it will affect their lives. If the divorcing couple has children, this can make the future even more concerning. The impact of a divorce on children is inevitable and in some…
The experience of going through a divorce always differs depending on the couple. Some divorcing couples can get through a divorce rather quickly with few issues afterwards while many cases involve at least one ex-spouse that causes unnecessary problems. There is a lot of emotion involved in a divorce that can cause some to act in ways that make the entire experience more difficult. If you are in a situation in which you cannot cut off contact with a difficult ex due to child custody or some other circumstance, these tips will assist you in dealing with an ex in the best possible manner.
When going through a divorce, one of the biggest concerns for both spouses is child custody. The new custody arrangements are often a huge life change for the parents and children especially and it is important to make a child custody decision based on everyone’s best interests. According to three different independent studies done this…
Going through a divorce can be a long, difficult process which is why there is some relief once the divorce has been finalized. After a divorce, your living situation will no doubt be different. If you need to find a new job so you can move on with your life after divorce, the following tips will help make the transition easier.
The following guide will help you understand how debt is divided in a divorce and what to expect if you are going through a divorce in which there is shared debt involved. When going through a divorce, it helps to have a professional divorce lawyer to navigate the division of financial assets including debt.