Prenuptial agreements are changing with the modern world, which is why many couples now address more cutting-edge issues like embryonic custody.
Divorce Financial
Structuring Tax-Free Property Settlements Between Divorcing Spouses
Utilizing Section 1041 of the Internal Revenue Code, divorcing spouses can achieve tax-free property settlements. Read on to learn more.
Who Gets the Family Home in a Divorce?
People work hard in this country to acquire and maintain their family home. In most families, the family residence is the most significant asset, both from a financial standpoint and from an emotional standpoint. In addition, the mortgage obligation that is tied to the family home is almost always the most significant debt of the […]
3 Steps to Take if You Can’t Afford Child or Spousal Support
There are steps you can take if you can’t afford child or spousal support payments. To know what they are, read more to find out.
7 Ways a Single Parent Can Stay Financially Fit
One of the keys to being a responsible single parent is being responsible with your finances. Consider these seven tips for staying financially fit.
What to Do with the Family Home: 3 Options to Consider
Some people think the house is the trophy. Most likely it will prove to be the booby prize. Financially, it can become a rock around your neck. How so? Think about it: When you bought that house, your household income was double, or more, of what it will be in the future. That house was […]
The Importance of Financial Disclosure in Divorce
As is often the case in divorce, one spouse may not have a complete knowledge of the marital financial situation. Before productive settlement discussions can occur, both parties must be on the same page and have full financial disclosure regarding all the property and debt they acquired during the marriage. Agreeing to a property settlement […]
How to Improve Your Credit Score Before Getting Divorced
To keep divorce from destroying you financially, you should prepare in advance to protect yourself. One important step is to ensure that you have good credit before you get divorced, which can be invaluable both as you pay for the expenses associated with divorce and when you’re moving on with your new life. Before a divorce, […]
Things to Consider Regarding Your Credit Cards During a Divorce
When you and your spouse have credit cards, there are several things you must keep in mind during your divorce. Here’s what to look out for.
Do We Need All These Child Support Laws?
As with any institution that governs behaviors and responsibilities, child support laws were created and designed to make sure that a parent fulfills their obligations to their biological child, and to assure that the child would not be left without adequate resources. But as we all know, societies become increasingly complicated over time – laws […]
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