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Split Decision. The statistics on U.S. marriage are less than romantic: Of the more than 80% of adults who marry, roughly half divorce. There's no one-size-fits all explanation for why, but over ...
Whether you put money into a revocable trust or have an individual bank account, any way to separate your money from your partner’s is considered a generally safe way to protect it during a divorce.
1. Couples Don’t Talk About Financial Stress. Stress sets the stage for unhappiness, and finances are a big-time contributor to stress. A 2024 Fidelity Couples and Money Survey found that 45% of ...
In a fault divorce, reconciliation and condonation share similarities. [48] If either the husband or wife decides that forgiveness is given, a defense for fault cannot be obtained. [48] As an example, in the case of abandonment, the divorce can't be based on abandonment because one of the spouses forgives on that issue. [48]
The Uniform Marriage and Divorce Act §307 (UMDA §307) [3] also allows for the equitable distribution of property and lists factors the court should consider, e.g. "the duration of the marriage, and prior marriage of either party, antenuptial agreement of the parties [which is the same as a prenuptial agreement or premarital agreement], the ...
A divorce settlement entails which spouse gets what property and what responsibilities once the marriage is over. "It deals with child custody and visitation, child support, alimony, health and life insurance, real estate, cars, household items, bank accounts, debts, investments, retirement plans and pensions, college tuition for children, and other items of value, such as frequent flyer miles ...
Research finds that marital conflicts about money are more pervasive, problematic, and recurrent than other fights—despite the fact that couples typically work harder to solve their money problems.
A mensa et thoro is a legal Latin phrase which means "from table and bed", often translated as "from bed and board", in which "board" is a word for "table". Separation a mensa et thoro is essentially a separation that is sanctioned by a court order, meaning that the spouses may legally live apart, but they are still legally married.