One aspect of divorce is property division. In addition to dividing the assets, you also have to divide the debts. This can lead to some very difficult negotiations and potential arguments. Property division is often a contentious area of divorce and for good reason.
You got married when you were both in your 30s, and you were already fairly set in your ways, financially speaking. You took your finances very seriously and knew exactly what you wanted to do with every cent.
If you're getting divorced, you may be facing a great deal of anxiety about the future of your livelihood and your estate. While these are certainly reasonable fears, a divorce does not have spell disaster, and it does not have to be social and professional suicide.
Divorce mediation is a way that you can work out the terms of your divorce with your ex-wife instead of going to a trial and letting the judge decide them for you. You must prepare before you go into the first mediation session. This preparation puts you in a position of being able to keep your wits about you and your emotions under control while you are working through the negotiations.
Finding out that your husband is leaving you is a frightening situation for any woman to be in, especially if she is unsure of how she is going to make it financially. If you are facing a situation like this, you can act now to make plans that might help you to start your new life on a firm financial footing. Before you make any plans, you should find out what options you have. Consider these three financial points as a starting guide.
Splitting up is hard enough, but you absolutely don't want your company to be destroyed by the end of your marriage. If you're not careful, though, that's a very real possibility. Below are six tips that business owners can use to protect their companies when assets must be divided.
Divorce is an uncertain time in life. Foreseeing your circumstances beyond marriage can be difficult when life with your spouse is what you've known for the past 20 or more years. Emotions are running high, and you're worried about your finances. What can you do to relieve some of the stress you are feeling?
People grow throughout the course of their relationships and sometimes they grow apart. If this does happen, there is no formula to calculate how long the process will take. Sometimes the priorities couples have when they are beginning a marriage change over the course of many years. Every divorce is unique, but they are rarely easy and more often than not they are very stressful. For some couples, the decision to divorce will come later on in their lives and this involves particular things you will want to consider.
If you've ever gone on a vacation, chances are you've experienced the post-vacation blues. After having the time of your life in a new place, it can be difficult to go back to monotonous "normal" life. Unfortunately, the post-vacation blues do not always go away without consequences. In fact, a recent study suggests that family vacations can pose a danger to marriages.
If you are a business owner, you probably drew up a contract when you formed the company. Decisions about the structure of the business and what to do if one partner later wanted out were important initial considerations.