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Divorce can be expensive as it often involves expensive legal battles. But if you don't have a lot of money, there are both low-cost and free options. For instance, city and state bar associations ...
Image source: Getty Images. 1. Understand how the divorce will affect your current retirement assets. If you and your ex already have some retirement savings, you'll have to decide how to divide ...
A separation is a legal process in which you remain married but divide up many of your assets and responsibilities. A divorce is a legal process in which you dissolve the marriage entirely.
A no-fault divorce also allows the divorcing parties to have privacy, which can allow them to work with each other during the difficult time. [32] Even though a fault divorce is more time-consuming, and could even be more likely to violate the parties' privacy, a fault divorce might need to be considered. [32]
Legal separation (sometimes judicial separation, separate maintenance, divorce a mensa et thoro, or divorce from bed-and-board) is a legal process by which a married couple may formalize a de facto separation while remaining legally married. A legal separation is granted in the form of a court order.
A separation can be initiated informally, or there can be a legal separation with a formal separation agreement filed with the court. As for a divorce, the latter may include provisions for alimony, whether to have sole custody or shared parenting of any children, and the amount of child support. [1] [2]
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