While the divorce rate has been high in recent decades, experts have found a steady decline in recent years. The reason for this boils down to millennials following different marriage patterns than their parents. The younger population usually marries later in life when they have more financial stability. However, couples of any age group are never immune from the prospect…
Connecticut residents like you who are considering splitting from your spouse have a number of options available. Today, Reich & Truax will discuss two of them: divorce and legal separation. They can provide unique benefits depending on how they’re used and the situation they are used in. Divorce is a permanent solution to irreconcilable differences in a marriage. There are…
Parents often feel guilty about divorcing. They worry about the effect it could have on their children. Yet, if you feel you need to divorce for your own sake, then it’s probably going to be better for your children that you do. If you are in a strong, safe and happy place yourself, you are better placed to raise resilient,…
Filing for divorce is difficult enough. It becomes substantially harder when the couple shares children and they must go through the process of determining child custody. Unless extenuating circumstances are present that would warrant one parent having sole custody, the court will need to decide what living arrangement is best for the child. It is possible for both parents to…
It is important to stay alert for underhand financial maneuvers in a divorce. This does not mean you should assume your spouse is up to no good and it certainly does not mean you should raise the subject unless you have concrete evidence. What it does mean is that you should stay financially aware. You need to inform yourself about…
As divorcing parents start to work out their property division agreement, they sometimes ask their attorneys how they’re supposed to divide their child’s belongings. The simple answer is that they aren’t. Their possessions are theirs, regardless of which of you paid for them, gifted them or was with them when they picked them out. Dividing your child’s possessions into yours…
If you are divorcing as parents, then the top priority for both you and the courts will be to settle matters regarding child custody. Perhaps you and your co-parent were able to come up with an arrangement amicably. Failing this, the court would have stepped in to come up with a custody order that met the child’s best interests. However,…
Whether a couple was together for a few years or several decades, both parties will most likely want to make the divorce process as smooth as possible. During this time, it is critical to keep communication lines open and to take care of your own emotional well-being. Another way to ensure a smoother process is to bring together all essential…
Ideally, divorce would mark the end of everything to do with your spouse. Once the divorce is finalized and you sign those dotted lines, you want to leave the court with a sigh of relief that you have finally cut ties with your ex. Unfortunately, some divorces are never clear breaks. If the court directs you to pay alimony or…
Your family-based business might have been a fruitful venture during your marriage, but it can become a source of trouble if your marriage ends because you ultimately have to decide what will happen both with your divorce and your business at the same time. Some people may choose to keep the company open and run it as a team. There…