Divorce & Finances
Learning the best tips to prepare for financial negotiations during divorce to getting ready to manage your own finances moving forward, get advice from our finance experts.
Learning the best tips to prepare for financial negotiations during divorce to getting ready to manage your own finances moving forward, get advice from our finance experts.
If you have searched for “my ex isn’t paying court-ordered child support,” you are far from alone. Back in 2017, it was estimated that $10 billion in court-ordered child support was not being collected - and that was before the COVID-19 pandemic that left millions of non-custodial parents unemployed. The U.S. Census reports that
After getting a divorce, many spouses want to disinherit their ex and remove them from fiduciary duties, such as being named as the executor of your will or the agent in your power of attorney. The rules regarding disinheriting your spouse after a divorce vary by where you live and the terms of your
Divorce is an emotionally devastating time. Compounding the emotional distress are additional challenges brought on by divorce, including worrying about health insurance. Many people are tied to their spouse’s insurance from work, so when they get a divorce they worry about how they will protect their health to treat a chronic condition or what
Lawmakers understand the importance of providing financial support to a child and not having a child’s financial circumstances be different just because their parents are no longer together. Therefore, they have established specific guidelines and rules regarding child support. Child support often covers the basic needs of a child, including funds to help pay
One common question that divorce attorneys receive from already divorced potential clients is “can I sue my ex-husband for alimony?” Most of the time this question is being asked because the former spouse is not honoring their obligation to pay spousal support from their initial divorce case. Most of the time folks dealing with
Policy Ownership Divorce is inevitably a stressful situation that requires a substantial amount of patience. While assets such your home are most likely going to be one of the main considerations to sort out with your ex-spouse, remember not to overlook your insurance policies during the process. There are many different ways that you
What Is Alimony? (Spousal Support) Alimony, or spousal support, is financial support that one spouse pays to another spouse, usually because the resource or earning capacity of the spouses is quite different. Alimony can be paid as a lump sum or paid on an ongoing basis. The amount and duration of alimony payments is
Going through a divorce can be stressful, devastating and extremely difficult. While divorce can be a long road that involves substantial planning and effort, it is important to remember to consider your entire financial portfolio to ensure everything has been accounted for. During divorce, Life insurance policies can be easily glossed over but remember
Child support modification processes vary by state. This article describes the general process and what to expect. It does not constitute legal advice. In most states, if you have to modify an order for child support, you begin by filing a form with the family law court. There may be a different form for
Laws About Engagement Rings While most states consider jewelry a gift, it’s important to do your research on your state’s marital property/assets laws. Usually, engagement rings are yours to keep, regardless of whether the marriage remains intact. In the case of a broken engagement, however, laws vary widely from state to state, and
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