People who are plugged into what is popular can potentially create new businesses with a good chance of success. Social media platforms allow for an integrated system in which people can market and allow for ordering in a relatively streamlined fashion. Many...
Family law: It’s a new journey
Divorce
How can people prepare for divorce mediation?
Divorce mediation is a viable alternative to divorce litigation for many couples. Instead of presenting concerns and expectations to a family law judge, divorcing spouses sit down with a neutral third party to settle things outside of court. Successful divorce...
3 types of collections that require consideration during divorce
Some assets that couples must divide when they divorce obviously belong to both spouses. The retirement savings they established and the equity they accrued in their home are subject to division in the vast majority of divorce scenarios. Other assets may theoretically...
What happens to retirement resources during a gray divorce?
People typically spend decades setting aside money for retirement and establishing eligibility for key benefits. Workers in a variety of fields may have private retirement saving funds or pensions. Sometimes, their employers match their contributions to 401(k)...
How to handle vacation assets in an Indiana divorce
Married couples frequently acquire a variety of different assets together. They may purchase real property, furniture and vehicles. They may also make investments to ensure their comfort and enjoyment during vacation travels. There are many types of vacation...
How can people divide a Roth IRA during divorce?
A Roth IRA is one way for people to set aside money for their retirement years. They make tax-deferred contributions while working and then take distributions from the account after they retire. This allows them to reduce the taxes they pay while supplementing their...
3 myths about addressing a marital home during divorce
Most married couples invest assertively in the homes where they live together. They might spend as much as a third of their monthly income on mortgage payments. While 20% down payments are no longer the standard in modern real estate transactions, those who purchased...
3 retirement plan changes that can help people adapt post-divorce
Married couples usually plan to enjoy their golden years together. When couples decide to divorce, the end of their marriage inevitably means a change to their retirement plans. Spouses frequently need to divide their retirement savings during property division...
What should you know about grey divorce?
Grey divorce refers to marital dissolutions that occur after the age of 50, generally involving couples who have been together for many years. These divorce cases present unique challenges and considerations that often differ significantly from those that younger...
Is it better to stay married until your kids are grown?
The concept of staying married “for the sake of the children” has always been the subject of debate. Children thrive best on predictability and routine, and there’s no question that divorce is disruptive to a child’s life. If you’re thinking of “toughing it out” in an...