One thing that has been growing in popularity among married couples in today’s world is maintaining separate finances. A Bank of America survey suggests that over a fourth (28 percent) of millennials go this route after they wed.
Property is not the only thing of great financial impact that is divided in divorce. Responsibility for paying the debts a married couple has acquired can also end up being split.
Many engaged individuals come from very different backgrounds from one another. There are a range of ways that people address these differences as they get married.
One of the special concerns for seniors when ending a marriage is how the divorce will affect their retirement. When coming up with a strategy for protecting one’s goals in a gray divorce, it is important to understand what impacts a divorce would have on the income streams one might rely on during retirement.
Some spouses share an entrepreneurial spirit and decide to start a business together. There are many things it can be important to talk about and plan for when going this route with your spouse. This includes what will happen if things don't work out.
There are certain things people may be hesitant to talk about after a divorce. A recent survey suggests this often includes financial matters.
There are many things it is important to protect during a divorce and its aftermath. This includes your credit. Today we'll go over some divorce-related matters that can endanger your credit score, and what steps can be taken in response to these risks.
Remarrying often happens later in life, when people have accumulated more assets, are closer to retirement and may already have a family they are supporting. This can have major impacts on what their priorities are and what they wish to protect.
When parents whose children are all adults get divorced, child support proceedings will generally not arise. This is because, with a few exceptions (including an exception for significant disabilities), child support is typically only awarded in relation to minors here in Virginia.
Do you know how divorce can impact your business? Divorce can wreak havoc on your company in several different ways. That is why it is important to understand what can happen to your business during divorce, and what steps you can take to protect your company.