Divorces don't just split up two spouses; the process divides spouses' finances, parenting rights, residences and much more. In general, Rhode Island courts encourage former spouses to come up with co-parenting agreements on their own, but amicable child custody isn't...
Month: January 2021
Dividing property and retirement accounts during divorce
If you are contemplating divorce in Rhode Island, then you may be wondering how to divide retirement accounts and property fairly. Both spouses own all assets acquired during a marriage in Rhode Island, so they must be divided equitably. There are four choices...
Financial concerns of divorce
Divorce can affect every part of your life in Rhode Island, including financial impacts that you may not think of at first. You have to come to an agreement with your spouse about these financial impacts in order to determine your future security. Continue reading for...
What happens to college savings in a divorce?
With the high cost of college in Rhode Island and throughout the country, many parents decide to start budgeting for college expenses early. Things can get a little complicated, though, when parents get a divorce before their child graduates from high school. If a...