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July 2019 Archives

How do you divide a child's belongings in divorce?

When you have children, it can be difficult to decide on how to divide your property. Things that you might not normally worry about, like splitting up furniture, suddenly becomes a bigger problem when it's your child's bedroom set, and you're already concerned about finances following a divorce.

Understand your assets before going through divorce

The difference between nonmarital and marital assets is important when divorcing. Your marital assets are part of the property division aspect of your divorce, but nonmarital assets are considered separate. As a result, any assets you can have assigned as nonmarital assets will not be given to your spouse, unless you give them the asset yourself.

Gray divorce: What to know when you divorce over 50

When you decide to get a divorce later in life, there are many factors that you need to consider. Divorcing later in life means that you have a few additional things to think about, like dividing your retirement account or finding out if you're entitled to any of your spouse's pension.

3 tips to help you prepare for divorce

When you got married, you probably did not even think about divorce being a possibility. Moreover, you probably didn't bother to draft a prenuptial agreement. Fortunately, if you are thinking about divorce, it is not too late to take steps to protect your assets. With a little bit of planning, you can prepare for divorce and protect your interests so that when it comes time to start your new life, you will be ready.

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