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Divorce Resources for Women

‘Investments’ Category

Tips To Deal With Worries During Your Divorce

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During a divorce process, there are many emotions that take place in the minds of the affected spouses. One of the major ones among them is worrying. Though worrying is not necessarily bad, how one deal with it can be a major concern? It can even become paralyzing, preventing people from getting the required work done. It can even go to the extent of draining one’s energies completely while the divorce proceeding is going on.
Here are (more...)

How To Make Sense Of Financial Planning After Divorce

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The reality of every divorce is that there is always less money after divorce and ending a marriage means facing that reality.
For some people it means having to manage the household finances for the first time either in a long time or sometimes, for the first time ever. It means there is no more shopping and buying things with an open credit card, with no spending limits and having a spouse who takes care of the bills.
For (more...)

Divorce Advice: Reducing Your Court Fee

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It was recently announced that the fee payable to the courts when filing for a divorce would increase from £410 to £550. Whilst this has caused great consternation amongst members of the public, the legal profession and various members of the political class alike, very few outlets have reported on the fact that not everyone will be required to pay the full fee. Indeed, some will not need to pay it at all!
As we have written (more...)

What To Do About Hidden Assets In Divorce

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It is a common occurrence for warring spouses to hide assets when in the course of a contentious divorce. There are a number of ways a spouse may disguise or at least undervalue assets. One of the most common ways is to overlook or undervalue antiques, gun collections, hobby equipment, tools and artwork. Most of them come in the form of original paintings, collectible carpets or antique furnishings at the office of the spouse. There could also be unreported (more...)

How Does The Length Of A Marriage Affect A Divorce?

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During the financial settlement of a divorce, the court considers many factors. One of the factors that the Court considers is the age of both partners and the second is the length of the relationship. Note, however, that the outcome of a divorce case highly depends on the facts of an individual case and the financial circumstances of both you and your partner.
Why the duration of marriage matters
Two facets of property division can be influenced by your (more...)

Retirement Plan Division – The Details

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Marital Property
Simply put, any asset or liability that was acquired during the marriage is considered marital property, and must be shared by the parties upon the dissolution of the marriage. Everything will be divided, from bank accounts to time-shares and even frequent flier miles. Retirement accounts are also subject to division, sometimes even if the plan was started prior to the marriage. The following example illustrates how a retirement plan that was initiated before marriage would still be (more...)

Legal Rights of Unmarried Couples Living Together

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More and more couples are living together in long term committed relationships without getting married. Such partnerships or relationships fall under the category of cohabitation. The legal rights of unmarried couples living together are very different from those of married couples.
Given below are the rights of cohabiting couples:
Rules related to finances
In the eyes of the law, two unmarried people are two separate individuals. So bank accounts, savings, and investments will not be jointly owned. It would (more...)

Things to Know About Divorcing In Your Senior Years

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In recent years, the rate of divorces of people aged above 50 has doubled. Because of the age of people involved in a divorce, the separation is called ‘gray divorce’. Senior people heading for a divorce no longer raise eyebrows.
Here is some valuable information about late life or gray divorces:
Alimony
Alimony or spousal support is always guaranteed when a long term marriage breaks up. Unlike younger divorcing couples, the lower earning spouse in a gray (more...)

Divorcing After 50? Make Finances Your Top Priority

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Divorce is a reality for a growing number of aging couples, a phenomenon commonly referred to as “gray divorce”. According to a 2013 study at Bowling Green State University, the divorce rate among adults ages 50 and older doubled between 1990 and 2010. Now, one in four Americans getting divorced is 50 or older.
The study also found that the divorce rate is 2.5 times higher for those in remarriages compared to those in first marriages. (more...)

Divorce Concerns For Couples With High Net Worth

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Every divorce is different; no two cases are ever the same even though divorcing couples may face similar issues. The similar issues involve children; child support and custody; property division; and spousal support. But, high assets divorce cases necessitate even more careful review and representation for both parties. This article addresses an overview of some of the issues that should not be overlooked in a contested or uncontested case.
Special Concerns:
Child Support and Custody
Pre-Nup
Property Division
Business (more...)