When a couple begins the divorce process, it is common that one spouse has been in charge of the finances and the other knows very little about the couple’s financial situation. Often, one spouse has earned most of the money and/or one spouse has put their career on hold to raise the children. There is an imbalance of knowledge and awareness of what the assets are and what income the couple … [Read more...]
Archives for 2022
The Costs of a High Conflict Divorce
A high conflict divorce is one where at least one of the parties in the case is difficult to deal with or at least one of the attorneys seems to enjoy stirring up the pot. Whichever it is, it can substantially increase the cost of the divorce. How a High Conflict Divorce Increases the Cost The main way a high conflict divorce increases the cost is by increasing the number of … [Read more...]
How to Reduce the Cost of Divorce
When a couple decides to pursue a divorce, they always want to know how much it is going to cost. There is no definitive answer since each case is unique. It is generally not even possible to quote a “ballpark figure” since the costs depend on how much conflict there is and how many issues can be settled out of court. The more conflicts there are, and the more times one party insists on a court … [Read more...]
The Importance of a Prenup
Prenups are often misunderstood. Most people think of a premarital agreement, aka prenup, as a roadmap for divorce. Instead, a prenup should be viewed as an agreement, entered into in advance of any conflict, that clarifies how the married couple will deal with their finances while they are married. It also can provide for security in the unfortunate event of the marriage ending in divorce or … [Read more...]
What Do Kids Want from Their Parents During a Divorce?
Children of all ages are generally upset when they find out their parents are getting a divorce. This is true even when they have heard their parents arguing and there is tension in the home. They do not want to experience the disruption of their family life as they know it. A few exceptions may be if there have been issues of a parent’s addiction or domestic violence. In those cases, children … [Read more...]