Divorce rates have remained stable in recent years and have even declined among certain demographics. However, one group, in particular, has seen a marked increase in divorce rates over the last few decades. Gray divorces involve couples in their 50s or beyond, and...
The time, energy and effort it takes to build a family business can impact everyone in the household. Many people who have these businesses take considerable pride in their success. But that success can sometimes become a liability if the owners decide they’re going...
Social media is a place where people can share information about just about anything they’re interested in. Some people share even the small details of daily life, while others share only special milestones or vacation pictures. All of this might change if someone is...
Your finances will likely be affected when going through a divorce, as some of your assets may be subject to equitable distribution. Besides, if you and your soon-to-be ex-spouse both had incomes, you are about to go into a one-income household. Therefore, you need to...
Child support is designed to ensure that a child’s financial needs are met after their parents separate. However, as circumstances change over time, child support orders may need to be adjusted. Child support modifications can be made when there is a significant...
A prenuptial agreement is a marital contract negotiated before couples marry. Engaged people may spend weeks finessing the language and negotiating the terms that they decide to include in their prenuptial agreements. For many couples, prenuptial agreements serve as a...
When the children move out of the family home, the parents become empty nesters. For many parents, this happens when their kids go off to college. Once the children turn 18, they enroll in college and move out, creating a dramatic change in the household. In some...
Divorce can be emotionally taxing and financially complex. Taking proactive steps to protect your assets is crucial to securing your financial future. Here are essential strategies to consider if you want to protect your money when filing for or going through a...
Some assets are easy for people to address when they divorce. They may belong to one spouse, and the other may have no interest in them. Some couples have already made arrangements for certain resources by signing prenuptial or postnuptial agreements. Other assets can...
Prenuptial agreements can be a very important form of protection for those beginning a marriage. By reaching certain agreements before formally entering matrimony, spouses protect themselves from scenarios in which they may have messy, expensive divorces. They can...