Grey divorce refers to anyone who gets divorced in their 50s or later, compared to younger divorcing couples. But age is not the only factor that plays a role in differentiating grey divorce. In fact, grey divorcees often face more hurdles than younger couples. What...
Year: 2021
Know how to handle investment accounts in a divorce
Divorce can sometimes be more difficult when a couple has access to numerous kinds of assets. When people have investment accounts, they need to divide these between them. According to Fidelity, people can divide investment accounts in several different ways. People...
Is nesting a good choice for our family?
Divorce is a complicated and often emotional process. However, the process of building your life back after a divorce can be just as complicated. Particularly if your divorce involves minor children, figuring out a new rhythm to family life requires a lot of trial and...
Filing a motion to increase child support after job loss
If your work situation has changed for the worse and you now make less money, you may be wondering if you can receive more child support. After all, you do not want your child to suffer from your income loss. The combined amount you and your former spouse each...
What is the purpose of alimony?
Alimony may seem like an outdated concept. When it originated, it was during a time when women stayed home to tend the children and the house, and men were the only ones working and supporting the household. At that time, the goal was to ensure the wife had the proper...
How should divorced parents navigate financial aid?
Newly divorced parents have several shifts to adjust to. For instance, how should they handle helping their shared college-bound child apply for financial aid? Finaid provides insights into the intersection between financial aid and former spouses. Learn how to help...
Identify and categorize your assets ahead of property division
If you and your spouse have decided to end your marriage, you may feel apprehensive about the property division phase of the divorce. The effort to assemble your financial information takes time, but it will help you identify and categorize your assets for a smoother...
What should you do with your marital home?
Deciding to divorce your current spouse means deciding what to do about your marital home. Which options do you have, and which makes sense for you? U.S. News & World Report may help you decide how to handle property division in a divorce. Explore your choices to...
What do you know about selling a home during a divorce?
As part of your divorce, you and your current spouse want to sell your marital home. Neither of you knows how to navigate the process, and you want to do things the right way. American Home Agents offers tips for putting a marital home on the market during a divorce....
Does divorce affect higher income families in a different way?
Divorce has many consequences. For many families, the biggest impact is the emotional toll it can take due to the changes within the family structure. According to Time, studies show that the impact of divorce can be worse for higher-income families, which is shocking...