You may have read articles saying half of all marriages end in divorce and assume that your relationship is doomed to fail because you are having issues. According to U.S. Census data, the divorce rate in 2019 was 7.6 per 1000 and the marriage rate 16.3 per 1000,...
Divorce
What to know about dividing debt in divorce
Couples going through a divorce face a lot of uncertainty, especially when it comes to money. Not only is going through a divorce expensive, but divorcing couples often face financial challenges amidst a divorce. One of those is when couples divide debts in divorce....
Ensure you have the full picture before dividing property in your divorce
If you have never taken much interest in your joint finances, getting divorced may be the time to start doing so. Franklin D. Roosevelt said, “Real estate cannot be lost or stolen, nor can it be carried away.” Unfortunately, as many divorcing spouses have found out,...
A late divorce raises a woman’s chances of living in poverty
A survey by Bowling Green University found that if you are going to divorce, it may be better to do it earlier, especially if you are a woman. The report discovered that a single 63-year-old woman who had divorced after turning 50 was nine times more likely to be in...
Valuing your business could be an essential step in divorce.
You have spent years building your business, and it may be one of your most valuable assets. However, if your marriage ends in divorce, that business can also be one of the most stressful aspects of property division. To ensure that you receive your fair share of your...
Weighing negotiation vs. litigation during a divorce
Divorce can present a dilemma for many people during a contentious breakup. Should they put aside their negative feelings about their spouse and try to work with them to reach a divorce agreement that benefits both parties, or is at least acceptable? While most...
Utilizing a QDRO for retirement benefits in divorce
A qualified domestic relations order (QDRO) has the potential to be one of the most important legal documents produced during your divorce. It is also an option that many people overlook, perhaps leaving an incredible amount of assets on the table. One issue that can...
Reasons to choose mediation for your divorce
Unless you had an arranged marriage, your relationship was probably an agreement between you and your spouse. Any marriage should be a series of negotiations -- from which house to buy and where to go on vacation to what to have for dinner and what color to paint the...
Make divorce easier by preparing these financial documents
Spouses considering a divorce have a lot on their minds. Most of the time, people arrive at these decisions with care, weighing their options in anticipation of negotiation. During these considerations, many people will look closely at their finances as a large chunk...
Physical vs. legal custody
The process of divorce can be complex and draining. One of the biggest concerns that a couple can go through is trying to figure out who will have custody of the children. This can prove to be a very difficult task and oftentimes can strain the relationship with the...

