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Divorce is difficult, regardless of the circumstances. To get through this hard time, it can help to focus on concrete solutions. That's where a divorce checklist comes in. A divorce checklist can ...
7. Don’t overlook your own estate planning. Dealing with the aftermath of losing your spouse requires a lot of attention and time. But what not to do financially after losing a spouse is ...
Post-divorce, an advisor can help you create a new financial plan, establish a budget as a single person, help you understand the tax implications of selling assets and provide guidance on how to ...
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 ...
Alimony, also called aliment (Scotland), maintenance (England, Ireland, Northern Ireland, Wales, Canada, New Zealand), spousal support (U.S., Canada) and spouse maintenance (Australia), [1] is a legal obligation on a person to provide financial support to their spouse before or after marital separation or divorce.
Lenore Weitzman's 1985 book The Divorce Revolution, using data from California in 1977-78, reported that one year after divorce, the standard of living for women declined 73%, compared with an increase of 42% for men. Richard Peterson calls Weitzman's methodology into question, using the same data to calculate a 27% decrease for women and a 10% ...
After losing a spouse, the widows and widowers left behind are vulnerable to making mistakes.
A fault divorce is a divorce which is granted after the party asking for the divorce sufficiently proves that the other party did something wrong that justifies ending the marriage. [8] For example, in Texas, grounds for an "at-fault" divorce include cruelty, adultery, a felony conviction, abandonment, living apart, and commitment in a mental ...