Certain issues that people have to address during divorce are more emotional than others. For example, many people have stronger reactions to custody matters related to their children than they do to the property division conflicts. If the spouses have a pet in the...
Family law: It’s a new journey
Divorce
3 terms to evaluate carefully during a gray divorce
Couples who are in their 50s or beyond are among those at the highest risk of divorce. Gray divorces are more common now than they were decades ago, and they pose unique challenges for the spouses. Older couples who have enjoyed long-term marriages choose to divorce...
Myths about marital homes that can hold you back during divorce
A marital home often represents more than just a house due to its sentimental value. For many couples, it’s a reminder of their marriage’s journey through the years. However, when divorce enters the picture, a marital home can become a source of emotional and...
How a successful small business can complicate the divorce process
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...
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...
