Working out your divorce agreement so that you get the assets you want to take from the marriage is essential to securing your financial future. So is working for the spousal and child support you need to take care of your children and yourself comfortably.
Amid the negotiations with your spouse over child custody, alimony and property division, it's easy to overlook some valuable assets. Among these are airline frequent flyer miles and reward points.
Over the past two decades, the divorce rate among couples in their 50s and older has almost doubled. Many of these couples don't have young kids or even teens, so they don't have to worry about custody division and child support issues. However, these couples often have young adult children who will feel the impact of their parents' break-up, even if it doesn't impact their daily lives.
If your kids are very young when you divorce, paying for their college education may not be uppermost in your mind at this time. However, divorce can have a devastating impact on their goals if parents don't include college savings provisions in their divorce agreements.
We've all heard of the "Seven Year Itch." There was even a movie by that title in which a faithful husband is tempted by a woman he meets on vacation, played by Marilyn Monroe.
Rhode Island family law attorneys and judges say that they're seeing what one lawyer called a "deluge of spy versus spy in Family Court." Our own Brenda Rioles notes, "It's become almost commonplace."
Increasingly, women are out-earning their husbands. That means that in divorce, more men are now seeking alimony from their wives. There's even a rather unflattering nickname for it -- "manimony."
Many people regularly go on Facebook and other social media sites to express their opinions about politics, sports, who won The Bachelor, what we think about Katy Perry's latest hairstyle and more. If you're going through a tumultuous divorce, it can be hard to resist the urge to vent about your soon-to-be-ex. However, that can be dangerous.
Differences in attitudes and behavior when it comes to money are among the greatest sources of tension in many marriages, whether a couple has limited assets or considerable ones. It's important for couples to have some frank discussions about money before they marry or even before they get engaged.
Prenuptial agreements are becoming an increasingly common part of wedding planning for couples of all ages and income levels. They can help delineate what is separate property going into and during a marriage and help both spouses ensure a fair settlement should the marriage end.