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Continue reading → The post Divorce Laws in Indiana appeared first on SmartAsset Blog. If you’re careful, though, a divorce doesn’t have to bring financial ruin. You just have to make sure ...
In dividing shared assets during a divorce, it can be tempting to want to keep the marital home for any number of reasons, but it’s important to be sure this is the best financial decision for you.
Financial infidelity can impact a marriage just as bad as physical infidelity, she adds. A BankRate study finds that 42% of American adults married or living with a partner have kept a financial ...
A second reason is that later on in life individuals are usually financially affluent hence leading to higher taxation when married and filing jointly. Browning's article gives another example of an older adult couple who married at the age of 60 but had to divorce because their tax bill increased by $40,000 due to their high individual assets.
The disposition of property, other marital assets, custody, alimony and support and the like are agreed to by the marital partners upon separation and the agreement later, usually, incorporated into the final divorce decree. Agreements that seek to affect the spouses' rights in a future divorce.
When California first enacted divorce laws in 1850, the only grounds for divorce were impotence, extreme cruelty, desertion, neglect, habitual intemperance, fraud, adultery, or conviction of a felony. [29] In 1969-1970, California became the first state to pass a purely no-fault divorce law, i.e., one which did not offer any fault divorce ...
For business owners experiencing divorce, 57% say their company has taken a financial hit. 1 in 20 business owners have shut their doors due to the financial strain of divorce. Why their ...
A paper divorce is a case in which a couple obtains a legal divorce but continues to live together as before. It may be done for financial reasons, such as to isolate medical debts to only fall on the ill partner. [1] If the divorce is fraudulent, it is called a sham divorce. [2] [3]