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Alimony is meant to offer financial support to a lower-earning spouse following a divorce. It’s designed to help the receiving spouse maintain a standard of living similar to the one they enjoyed during the marriage. However, individuals should know that just because...
Divorce can be one of the most emotionally and legally challenging experiences in life, both for individuals who have anticipated the end of their marriage and those who didn’t see a divorce coming. Under either set of circumstances, individuals often grapple with...
It’s common for couples to marry while one partner is still finishing their education. It may take years to obtain an MBA, law or medical degree. Earning those degrees can become costly, often requiring the student to borrow hundreds of thousands of dollars. Then, it...
Even a divorce with no hostility or disputes can be complicated. The complexity is likely to increase in divorces involving successful professionals. In high-asset divorces, several unique challenges can arise. Preparing for them in advance may lessen their impact....
Some spouses do their best to cheat their partners out of their fair share of assets when they divorce. One common way they do this is to try and hide some assets. If you suspect your spouse might try to do this to you, then it’s useful to understand what the warning...
Many couples opt to run a business together. Both spouses may share an equal workload, or contributions from one spouse can be more minor. In any case, involvement from both spouses in a business often entitles them to a share should a divorce occur. Asset division,...
Working out the terms of a divorce can be challenging, especially for those who have children or considerable assets. While many people automatically assume that divorce matters have to go to trial before a resolution can be achieved, that’s not necessarily the case....
Dividing assets during divorce is rarely an easy process. When it comes to high-value items, like a boat, the stakes of negotiation or litigation can be particularly high. As a result, it’s important for spouses to understand how the courts will handle disagreements...
In some cases, people want to get divorced but they don’t actually know where their spouse is located. They are unsure how to serve the divorce petition. This sometimes happens in cases of abandonment. For instance, maybe you and your spouse got married in Florida 10...
Traditionally, divorce has been viewed as a highly contested process where both spouses “entered into battle”. Nonetheless, when divorce follows this route, there are typically no winners. Nowadays, divorcing couples are starting to see the benefits of a more...