Divorce

By now, you probably know that ending a marriage can impact your financial situation, often leading to economic shortfalls during and after the divorce.  Spousal support (alimony) can help to offset the financial challenges of post-divorce life on a single income, but...

When getting a divorce, you have to file paperwork and then serve a divorce petition to your spouse. If the two of you have already discussed this, they may know that it’s coming and it’s just a technical step that the two of you have to take. They will probably sign...

If you are getting divorced as you near retirement age, you may be concerned about your financial future. After all, you and your spouse have been planning for retirement jointly. Maybe you have shared savings accounts, or maybe you are relying on your spouse’s...

Beyond the emotional strain, a divorce can also impact your finances, including your credit score. While the divorce itself doesn’t change your credit rating, the financial decisions you make during this time can. That’s because joint accounts, missed payments, and...

Your marriage hasn’t been going well for a few years. You’ve tried everything you can think of, but it’s finally clear to you that you just need to get divorced. You file the correct paperwork and serve the divorce petition, having a long conversation with your spouse...

When looking at heterosexual marriages, do you assume that divorce is initiated more often by women or by men? It’s true that divorce has changed over the generations. It became much more common in the 1970s, with the implementation of no-fault divorce laws. But what...

As married business partners, you and your spouse have worked hard to build your company up over the years. But now the two of you are going to be getting divorced. This means you have to decide what to do with the business, as it is a marital asset. One option is...

Usually, it’s the parents of young children who find themselves wondering how to navigate their divorces without stressing out their children.  However, divorce rates among seniors have skyrocketed in recent years, to the point that one out of every four divorces...

Once upon a time, it was common for people to marry very young. They also started families very young compared to most people today. Yet, in those times, divorce was relatively rare, and couples that married young tended to stay married for life. Then things changed,...

If you are considering divorce, you may be pondering on what you have heard or read about it. Divorce features in so many articles, movies, and person-to-person conversations that it can be hard to separate the truth from fiction. Here are three of the most frequently...