Among all the concerns swimming in your head when considering or going through divorce, one of the most frightening is finances, especially if your spouse is the breadwinner of the household. What will you be left with? Will your quality of life drop significantly?
Grandparents can play key roles in their grandchildren’s lives. And these days, it is pretty typical for children to have a high number of grandparent figures. Instances in which children have six, seven or eight grandparents and similar people in their lives are not uncommon in today’s world.
Many things can impact what kinds of financial concerns parents have regarding their children. One such thing is if their child has special needs. Children with disabilities can have many care needs that carry added expenses. Meeting these added costs is critical for parents in ensuring their children gets the care and support they need.
When parents get divorced, many things can have long-term impacts on their children. One is what happens with the children’s living arrangements moving forward. There are a range of possible living arrangements that could come out of a divorce. Some examples include:
In recent years, it has become more and more common here in the U.S. for grandparents to raise their grandchildren. Unique challenges can arise for grandparents when it comes to such situations. This is underscored in a recent study.
Some couples go into a divorce with a large number of investments. What happens with such assets in a divorce can have major long-term impacts.
Self-employment has many advantages, from setting your own schedule to pursuing your passion while making a living. Individuals who are self-employed often must think quickly and creatively to address issues along the way. One issue that may cause considerable problems now and in the future is divorce.