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...
Family law: It’s a new journey
Divorce
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...
Which divorcing couples may benefit from mediation?
People often have an all-or-nothing approach to divorce negotiations. They assume that they must either agree immediately about everything or fight with their spouses in court. However, many couples begin the process without any agreements in place and eventually...
What happens to the family home after divorce?
The answer will vary depending on many circumstances, including your chapter in life. Three common life circumstances that can impact the decision include the following. #1: Young children Those with young children may wish to retain the family home for as long as...
Can you divide a pension during a divorce?
Both you and your spouse are close to retirement age, and you were looking forward to this next phase of your life. Perhaps you haven’t worked or haven’t saved for retirement in an employment-related account, so both of you were going to live off of your spouse’s...
Can people avoid a gray divorce by trying a sleep divorce first?
Gray divorce has been on the rise for several years. There are numerous contributing factors that make divorce later in life after long marriages more common now than in the past. Changes in someone's expectations about their standard of living, health challenges and...
How To Address Personal Property In An Indiana Divorce
Those who are thinking about the possibility of divorce in Indiana often have to carefully consider what the end of their marriage might mean for their finances. The equitable distribution rules in Indiana protect both spouses' right to a portion of shared marital...
3 Reasons Texas Couples May Choose To Mediate Their Divorce
Couples in Texas decide to divorce for many different reasons. Maybe as they approach retirement, they recognize they have grown apart over the years. Perhaps there have been abusive incidents, or one spouse may have developed a drinking problem. Whatever the reason...