After many discussions, you and your spouse have decided that you’re going to get divorced. It’s time to begin dividing your lives. Since you have a shared bank account, you’re considering closing that account and starting one under your own name. In many ways, this...
Divorce is a major financial upheaval. While dividing up assets is often the focal point of divorce proceedings, equal attention must be given to debts. Failure to address debts can have long-lasting ramifications for both parties. Debt acquired during a marriage is...
Some people going through a divorce use social media to express their feelings or seek support from people in online communities in similar situations. The use of social media during a divorce is widely discouraged, as it can affect the outcome and someone's response...
Your marriage is officially over – or it will be, once all the negotiations are done and the paperwork is all signed and properly filed. You’ve mentally moved on, and life is short, so why not take a chance on a new relationship if the opportunity is there? Well,...
When you’ve been married for some time, you’ve built a life together that includes buying things you both benefit from. From big, practical purchases like cars and houses, to those which decorate life such as jewelry and artwork. If you’ve accrued a significant...
Divorce cases are unique from the root. Different factors can contribute to it, and money is among them. However, in most cases, financial struggle can be the first guess when a couple divorces because of money. But the opposite can also be true. A couple can dissolve...
Discussing divorce with children is a challenging yet necessary task. The conversation's emotional gravity can make it difficult, but parents can help their children navigate this tough situation with careful planning, compassion and honesty. Before talking to your...
Say that you’re reviewing your bank statements when you realize that your spouse transferred a significant amount of money out of your account. You ask them about it, and they tell you that they gave the money to a friend as a business loan or perhaps to repay a debt....
You may have given up your career to care for your family shortly after marriage or agreed to play homemaker while your spouse brings home the bacon. Since you are financially dependent on your spouse, you may be entitled to spousal support, otherwise referred to as...
Navigating the emotional upheaval of a divorce can be challenging, and it's essential to keep its impact from affecting your job performance. It’s best to think ahead and determine how you’re going to cope with the major changes that are coming. Around 44% of...
