Telling your children that you have decided to divorce is one of the most difficult things you and your spouse will ever do. As parents, you do not want to cause your children pain. Nevertheless, it can hurt worse if they find out about it from someone else. The...
For couples considering divorce, finances are a huge part of the discussion. Alimony is among the many financial determinations that either the couple or the judge must decide. Alimony is money that one former spouse pays to support the other; the payments may be...
The term "financial infidelity" often conjures up images of one spouse hiding money from the other. The person might open a new bank account and not tell their spouse. Into the new account goes money that one person never knows about. A person planning to file for...
Although there is a court order addressing the amount of child support that one parent owes another, circumstances can change. One parent may experience a job loss, or perhaps one gets a promotion and is now making significantly more money than before. When there are...
If you intend to share custody of your children with your soon-to-be ex-spouse, put some time and effort into drafting a comprehensive parenting plan. This legally binding document describes the rights and responsibilities of each parent. While good parenting...
Divorce is often messy and you may feel pitted against your spouse. You both want to fight for what you want. In a contentious divorce, it is not uncommon for a spouse to try anything to get the upper hand. According to NPR, you should take a moment to consider if...
Divorce can take a huge toll on your retirement plans because you have to divide all your assets. Often, this means that you lose some of the money you had for retirement. You may not feel it too badly if you are younger, but if you are closer to retirement, then you...
If you are facing divorce, you may be dealing with a good bit of anxiety concerning the property division phase of the process. Some couples believe they have little in the way of property to divide while others have significant assets and worry about resulting...
Spouses that go through a divorce have the task of dividing their marital property between them. This can be a stressful time, so it is easy for a divorcing couple to neglect some important financial planning. People may end a marriage but also come out of it with...
Alimony is a payment the court awards to one spouse and which the other spouse pays. The idea behind this is to provide a spouse who has the less stable financial situation after the divorce with financial support to allow him or her to become self-supporting. The...