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Very few divorce cases are straightforward, but high-asset divorces can be additionally complex. A high-asset divorce generally involves assets that amount to several hundred thousand dollars or more. What makes high-asset divorces more complicated? Obtaining accurate...
Divorce comes with several implications. If you have a child together, the court will require both parents to work out how the child will be provided for until they can be on their own. This is where a child support order comes in. But what if you later learn that the...
If you own a family business, you may wonder what will happen to it in the event of a divorce. Well, it depends. Various factors could determine the fate of the family business, such as when it was acquired, its nature and its value. First, it helps to understand...
Love can indeed transcend age, but May-December relationships sometimes face hurdles that can test their resilience. While many couples thrive despite significant age gaps, others find their differences become roadblocks in time. Recognizing potential challenges and...
Retirement assets can be fairly complex in divorce. With many other types of assets, you physically possess them at the time of the divorce. For instance, maybe you have a bank account with $100,000 in it. You can theoretically withdraw the money and put $50,000 into...
Alimony is a court-ordered financial support payment made by one spouse to the other after a divorce or separation. However, some ex-spouses may default on payments, which may cause financial strain for the recipient. When this happens, the recipient of alimony can...
Divorce, in and of itself, can be a stressful life experience, but it can get even harder if you have minor children. Amidst the emotional rollercoaster that characterizes some divorces, it is not uncommon for one or both parents to try to attempt to “win the kids’...
If you’ve gotten divorced, you and your ex may share custody of your children. If this includes physical custody, it means that you have some parenting time with them. This may not be divided perfectly evenly, but you do get to see your kids – perhaps when they live...
In some senses, wealth can insulate people from divorce. For instance, some couples split up because they’re having a lot of financial stress and they can’t make ends meet. Wealthy couples don’t have to deal with this type of pressure because they have plenty of...
When looking at divorce trends, you may find yourself interested in who files for divorce more. In traditional, opposite-sex marriages, do men or women seek to end those relationships more often? Even when the divorce itself is amicable and both parties are...