Gray divorce refers to older couples who have decided to end their marriage. These divorces are unique because they often involve a long-term marriage and the need to divide substantial assets. If you are considering divorce later in life, it is important to understand how it may differ from divorcing at a younger age. Long-Term Marriages and Dividing Assets Many gray divorces involve … [Read more...]
Are Prenups Worth It?
You might wonder if a prenuptial agreement is necessary. The answer is often yes. Prenups aren’t about expecting the worst—they’re about preparing for your future. Here are three key reasons to consider getting a prenup before you say, “I do.” 1. Identify and Protect Your Separate Property A prenup clearly outlines what belongs to each of you before the marriage. Most people come into a … [Read more...]
How to Prepare for a Child Custody Evaluation
If you are facing a child custody evaluation, there are steps you can take to prepare effectively. These evaluations are conducted by trained professionals to assess the best interests of your child. Your cooperation and honesty during this process can significantly influence the outcome. Below are some tips to help you navigate this evaluation with confidence. Stay Calm The first thing to … [Read more...]
Stupid Things People Fight Over During a Divorce
When going through a divorce, it's easy to lose perspective and start arguing over things that really don’t matter. What might seem important in the moment can often feel trivial later. People end up squabbling over the smallest details adding unnecessary stress to an already challenging situation. These disputes don’t just create tension—they can also increase the cost of your divorce, as every … [Read more...]
What is a Post-Marital Agreement?
A post-marital agreement is a legal contract that you and your spouse enter into after you’re married. It outlines how your property and assets will be divided if you decide to divorce. Think of it as a safety net that ensures clarity in the event of a split. When is a Post-Marital Agreement Right for You? There are a few situations where a post-marital agreement might be a good … [Read more...]
The Dangers of a DIY Divorce
Are you thinking about handling your divorce on your own? It might appear to be a good idea, especially if your situation seems uncomplicated; however, before you go down that road, it is important to understand that a DIY divorce could cause more problems than it solves and cost you more in the end. Do It Yourself Divorce is Not Always a Good Fit A DIY divorce may work for a select … [Read more...]
What Documents Do I Need To Keep After My Divorce?
Now that your divorce is finalized, it's time to focus on your future. One important aspect often overlooked is organizing and keeping essential documents from your divorce proceedings. These documents are more than just pieces of paper: they hold vital information about your rights, duties and agreements. In this guide, we'll break down the must-keep documents and why they are important as you … [Read more...]
The Impact of Divorce on a Child’s Education
Divorce is undoubtedly a challenging experience for families. Its consequences can extend beyond emotional upheaval. A divorce can affect many aspects of a child's life, particularly their education. As a parent going through a divorce, it's crucial to understand and address the potential impact on your child's education. Financial Planning for Educational Expenses After a divorce, one of … [Read more...]
I Just Got Engaged: Do I Need A Prenup?
Congratulations on your engagement! As you embark on this journey towards marriage, it's important to begin to understand the financial aspects of your union, including the often overlooked but highly recommended prenuptial and post marital agreements. Let’s explore why these agreements are essential for safeguarding your assets and securing your future together. Who Needs a Prenup? Anyone … [Read more...]
My Marriage Is Over, Now What?
So, you find yourself at a crossroads, believing that your marriage has run its course. It's a tough situation to be in, but understanding your next steps is crucial. Let's walk through what you need to consider, especially if there are minor children or complex finances involved. For Those with Children If there are minor children in the picture, it is recommended that you and your spouse … [Read more...]