When it comes to couples who decide to part ways later in life, the process can become even more intricate. As couples age, they accumulate not just years together but also assets, intertwined finances and, in some cases, adult children. 1. Financial entanglements...
Divorce
Can a divorce have a negative impact on your credit scores?
One aspect of divorce that often gets overlooked is its potential impact on credit scores. As couples untangle their lives, financial ties get severed or restructured, and this process can have lasting consequences for individual creditworthiness. In a CNBC news...
4 ways to safeguard a business during divorce
Managing a divorce, particularly when it involves a business, can be a complex and highly sensitive process. To protect your business interests during such a situation, there are several proactive steps you can take. 1. Maintain clear financial records Transparency is...
5 benefits of using a forensic accountant
In the complex world of high-asset divorces, a forensic accountant plays a key role in unraveling financial intricacies. These professionals, often working behind the scenes, provide invaluable assistance in ensuring that both parties receive a fair and equitable...
What is a mediator’s role in divorce?
When going through divorce, it is up to the couple to decide how they want to proceed. These days, more and more couples opt for alternative methods of divorce outside of litigation. Mediation serves as one of the most popular alternatives. But what is it? What does a...
3 signs your kids might not be OK during your divorce
As you probably know by now, divorce can take a considerable toll on your emotional well-being. The same is true for your soon-to-be ex-spouse. According to Psychology Today, though, your children might have it even worse. Unlike you and your husband or wife, your...
Take a united front when telling your kids about divorce
In most situations, going through a divorce is challenging, and having kids makes it even more difficult. However, no matter what your current relationship is with your spouse, it is important to put aside your differences when sharing with your children that you are...
Focusing on the positive side of divorce
Ending your marriage could rank among the toughest decisions in your life, and you could have negative ideas come to mind when you think about the divorce process. From stress due to child custody, financial hurdles and legal challenges, splitting up with a spouse can...
How can an angry spouse complicate your divorce?
Even under ideal circumstances, divorce rarely is an easy process for anyone. If your soon-to-be ex-spouse wants to make your life miserable, though, you can expect your divorce to be one of the more trying times of your life. This might be especially true if your...
Who pays for a divorce in California?
Couples may disagree about many things during the divorce process. Sometimes they even disagree about who should pay for it. Most of the time, each spouse is responsible for paying for their own costs, but there are circumstances where one spouse can ask the judge to...