Throughout your marriage, you have had the opportunity of combining resources to accumulate your assets. With consistent effort over the course of your relationship, you and your spouse have acquired notable wealth. One of the biggest challenges of a divorce is the process of separating shared assets. Even in a fairly even settlement, the value…
Not only do you have substantial assets to divide in your divorce, but you also have unique assets to divide with your current spouse. For instance, you and your soon-to-be-ex have several valuable art collections to divide. The American Bar Association explains how courts divide artwork when couples dissolve a marriage. Get an idea of…
When it comes to property division, most of the focus is on the house, cars, retirement accounts and other big-ticket items. However, life insurance policies purchased during a marriage may also be marital property. How is life insurance divided during a divorce? Term life insurance A term life insurance policy provides death benefits for a…
Whether you are getting ready to end your marriage or split up with your former spouse years ago, it is crucial to understand various issues related to child support if you have young kids. Aside from understanding different ways to pay support if you are a non-custodial parent with these obligations, you should also review…
As a stay-at-home parent who looks after your children, financial concerns will likely dominate your worries about divorce. What will you do after the split, when you can no longer rely on a two-income household to support your current lifestyle? Fortunately, you might have an entitlement to not only a share of marital assets, but…
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