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Prenuptial and postnuptial agreements essentially serve the same basic function: They help define ownership of assets in case a marriage goes sour. While business owners and wealthy families often use them to try to avoid unnecessary drama and litigation over the...
You feel like your relationship with your spouse has deteriorated to the point that it can no longer be saved. You’d like to end the marriage and move on with your life. You float the idea of getting a divorce to your spouse. You’re a bit surprised, because you don’t...
Divorce is one of the most stressful and emotionally charged events in a person's life. It can also be overwhelming if you have multiple precious assets. It’s easy to make mistakes in your divorce, which can lead to costly consequences. Here are three expensive...
You and your spouse have been married for several years, but it’s just not working out. The divorce process has started, and it’s time to address property distribution. Throughout these negotiations, the court will employ an equitable distribution process. This means...
You make the decision to divorce because you know you can't continue living with your spouse or sharing financial responsibility with them. The more parts of your life you've combined, the longer it will take to negotiate or litigate matters. Family businesses can...
A prenuptial agreement may seem like the least romantic thing when you are planning your wedding. After all, you are getting married for better and for worse – and “until death do you part.” However, adding a prenup agreement to your pre-marriage to-do list can be an...
We’re living in the midst of what has been called the “Great Wealth Transfer.” People born in the 1960s and earlier are expected to pass on anywhere from $30 to $68 trillion to their adult children. It’s only natural that some families are concerned when a young...
If you share everything from your housing expenses, bank accounts and credit cards with your spouse, one of the most important steps in a divorce will be separating your finances. The two of you will have to decide who keeps what physical property and how to split...
During a divorce that involves children, one issue that must be determined is child support. You may wonder if you are entitled to receive child support or if you must pay it. Knowing some of the factors that impact child support amounts can help you know what to...
When you decide to file for divorce, you know there are certain legal issues that must be addressed. You may not realize the financial impact this can have on your life now and in the future. For many people, divorce is full of emotions that can cloud reality. It’s...
