Below you'll find a list of all posts that have been categorized as “Divorce”
Most of us are well aware that nearly half of all marriages end in divorce. In the United States, there are more than 800,000 divorces every year. Contrary to popular belief, marriage is not a fairytale. Happily ever after does not exist unless both parties commit to hard work. Why do marriages break down? There are many reasons why a …
After a divorce, many people are forced to continue financially supporting their now ex-spouse through alimony. Alimony allows divorced spouses to continue with the standard of living they enjoyed while they were married. If one person earns significantly more than the other, the court could order that person to pay one of the various types of alimony. Alimony is not …
You probably hear about “deadbeat” parents all the time. These mothers and fathers avoid paying child support and end up owing tens of thousands of dollars in back pay. Sometimes these parents are put in jail. Others lose their driver’s licenses and professional licenses. Some get their wages garnished. While many of these parents intentionally try to skirt their financial …
If you have never been through a divorce, your only experience may be what you see on TV. TV shows and movies often dramatize divorce as a process in which both parties are yelling and screaming at each other in a courtroom. While this situation does sometimes happen in contentious divorces, not all marriages have to end in that manner. …
Tax laws are always changing. Some offer tax cuts that help Americans, while others aim to increase taxes further. A new tax law that will take effect on January 1 will affect those who are divorcing in 2019 and beyond. It will help those who receive alimony, but cause a tax burden for those who have to pay it. In …
In the past, prenuptial agreements were not commonly used. In fact, they were considered taboo by many. Marriage is about love and romance, after all. How could anyone turn such a major event into a business proposition? Many couples forget that marriage is a legal entity. It does require a license, after all, and when the couple decides they no …
You have probably heard the stories about people feeling depressed and angry after a divorce. It happens often. A divorce is a stressful and expensive process. It takes a lot out of a person physically and mentally. The process is exhausting and it can take a toll on a person, even a person who can normally handle a lot. A …
There is no doubt that a divorce can be one of the most stressful events in a person’s life. Going from married to single is a huge life change—not just emotionally, but financially as well. A family becomes two, which means two separate households. If the household while the couple was married was a one-income household, then the stay-at-home spouse …
Marriage is not a fairy tale. If you have decided to say “I do,” chances are you and your spouse are going to have disagreements at some point. Being married to someone with the intention of living together for the rest of your life is not an easy task. You may have different goals. People change. Couples often drift apart …
Divorce can be a complex process. Often, the law can be confusing when it comes to divorce, especially concerning division of assets. In fact, determining just how to divide assets is often one of the most contentious parts of the divorce process. One common subject that often plays an important role in asset division is pensions, and understanding the law …
