You become so familiar with your family house that you never even want to entertain the idea of living anywhere else. But if you decide to divorce, you may soon come face to face with the realization that you need to find a new place to call home.
Questions of "who gets what" during the divorce process are extremely common. While you're fighting tooth and nail to get everything you're entitled to, your soon-to-be ex-spouse is taking the same approach. This can result in disagreements, negotiations and compromise along the way.
It's a common misconception that the only couples that create a postnuptial agreement are those concerned about the strength of their marriage.
When you get married, the farthest thing from your mind is divorce. Instead, you're hoping that your marriage lasts forever.
Your spouse may not have legal justification for hiding assets, but he or she may break the law in an attempt to keep those assets from you. It happens. People take a lot of risks where money is concerned. This is especially common in contentious divorce cases, as your spouse may also do it to cause you direct financial harm.
Every year, many mothers in the US leave the workplace, staying home to raise their families and support their husbands' career pursuits. Highly-educated women, especially, make considerable sacrifices to put their careers on hold for homemaking and mothering.
Research tends to point to shortened academic careers for children in divorced families. According to a new study, wealth does not appear to provide a complete counterbalance. Instead, UCLA researchers suggest it may be that financially stable families suffer disproportional academic setbacks.
Colorado follows the "Equitable Distribution" theory to divide disputed marital property during a divorce. However, debt can be difficult to define and divide fairly during a divorce.
When entering a high-value divorce case, there is no reason to go into negotiations alone. Not only can unanticipated costs add up, but you might not be aware of all the money or property that is rightfully yours.
You spend decades building a dependable retirement nest egg, and if you're facing a divorce there are likely numerous questions and concerns you have about protecting those accounts. Your retirement savings represents a significant investment in your future. The prospect of divorce can suddenly create an environment where it can feel like more than your money is at risk, but your future retirement as well.