Why Should High-Asset Divorces Be Treated Differently?
A divorce is rarely simple, it is often lengthy, and for many, the divorce process is highly emotional. If high-net-worth assets are involved, the divorce process is even more complicated. Understanding the elements involved in high-asset divorce will help mitigate your stress level, emotions, and prepare you for what to expect throughout the proceedings. Most divorces have certain common elements,…
What Are Holiday Co-Parenting Tips?
If you are divorced and have children, you may feel some anxiety when it comes to the holidays and other special occasions. Conflict between co-parents happens over child custody schedules, vacations, and the introduction of new partners. However, co-parenting over the holidays does not have to be stressful. Below are important holiday co-parenting tips you can follow. Create a Holiday…
Can Alimony Be Modified?
After a divorce settlement is reached, it is not necessarily set in stone. Someone’s life can drastically change in an instant, such as a job loss. If you are divorced and your financial situation has changed significantly, you may be able to have your alimony payments modified. An alimony agreement has terms that specify whether or not it can be…
What Happens to Debt in Divorce?
Divorcing couples are rightly concerned about the division of property. The reality is that the division of debt is just as important as the division of assets. Divorcing spouses need to protect themselves from nonpayment of loans and other debt that could ruin their credit score and cause financial devastation after a divorce. Minimizing exposure to debt concerns must be…