Division of assets in a divorce depends on the state where the divorce occurs. Some states, such as California, consider all marital assets community property, while other states, such as Florida, are equitable distribution states, where a judge divides the marital...
Equitable distribution refers to the way a judge divides your assets when you pursue a divorce. Equitable does not necessarily mean equal distribution. Therefore, before you file for divorce in Florida or respond to your spouse’s filing, you should understand what...
All couples face challenges when they divorce, but if you face a divorce later in life, you may encounter unexpected issues. For example, if you are like most individuals, you saved and contributed to your retirement funds for many years. However, if you are nearing...
Divorce is difficult for everyone, but couples who share significant assets in their marriage have many additional layers of complication to consider. It can be overwhelming to enter a high-asset divorce without a plan for how to address the most important matters....
Every parenting plan is unique. You can include anything that is important in your particular situation. However, there are elements that all such plans should contain, among which is a well-defined time-sharing schedule. General guidelines The goal of a parenting...
Getting divorced is most likely not something you wish to discuss at the onset of a happy, productive relationship. However, you never know what could happen in the future. A prenuptial agreement allows you the opportunity to formally discuss expectations and...
Divorce can be difficult, no matter what leads to it. This can be true for brief marriages, or long ones. Learning about gray divorce can be important for those over 50. The more you understand it, the easier it will be for you to see how it could impact you. What is...
If you have kids and want to get divorced, it is important to understand various factors that can play a role in custody decisions. Courts go over a number of issues when determining which outcome serves a child's best interests, such as the child's preferences and...
While marriage often represents a high point in a person's life, it can also lead to a painful divorce down the road. Though nearly all couples go into marriage with the best of intentions, it still remains difficult to stay together for the duration. A number of...
As a parent who owes child support, you could face different hardships. Whether you struggle to make payments on time as a result of financial challenges or you have already fallen behind, it is crucial to understand your options (such as creating a payment plan or...