You would hit a very comfortable point in your life if you never had to change, right? If everything was just as you wanted it to be and there were guarantees that none of that would change, then you would likely accept that stasis. However, such a scenario doesn't exist. Life is always changing. Circumstances are always changing. And as a result, we have to adapt and change as well.
We recently talked about debt and divorce, and how these two important topics are inextricably linked. Continuing that conversation, today we're going to talk about bankruptcy and divorce, and how these two legal options are not only linked, but provide splitting spouses with an ample opportunity to save money or reduce the financial stress of their lives.
About a month ago, we wrote a post about gray divorce, the term applied to the phenomenon of older couples getting divorced at much higher rates than decades prior. Today, we'd like to examine a detail of the gray divorce phenomenon and use it to give some older couples advice about how to proceed with their divorce, if they are going through one.
Financial topics are inherent to the divorce process. When two spouses decide that their relationship is untenable, their is an unwinding of finances that must happen. Some assets were acquired prior to the marriage, some after. And many spouses will make claims that are in their interests, meaning that they aren't always right.
Whether you like it or not, social media is here to stay. And all of your social media profiles could have a significant impact on your divorce. From Twitter to Facebook, and Snapchat to Instagram, these profiles contain a wealth of information that could be used against you in a divorce. In addition, if you use these accounts after a divorce has been completed, your social media activity could also get you into trouble.
Over the last five years, you have probably heard about a phenomenon in the world of family law that has been gaining steam. It is called "grey divorce" and it refers to the notion that older couples are getting divorced more and more frequently. A grey divorce is when two spouses are aged 50 or older and they decide to get a divorce.
Imagine a married couple that lives many years together. They obviously get used to a certain lifestyle and a certain routine, right/ Well, one day they have an argument that has been building for years, and the couple realizes that they have hit a very serious and potentially relationship-breaking impasse. After weeks, or perhaps months, of therapy and trying to figure out their problems, they realize there is simply no fixing their problem.
Our source article for this post is a bit different than most other sources. It is a collection of Instagram posts that show divorcing couples posing for their "divorce selfie." Basically, divorcing couples are celebrating their divorce by taking a picture of themselves with their ex-spouses and showing the world that they are not confined or constrained by the stereotypes of divorce and the way most people expect certain events to turn out.
Child support is a crucial aspect to many divorce agreements not just because it helps a spouse who may not be fully able to cover certain expenses for a child, but because the child needs the financial resources to learn, grow and become the person that he or she wants to become. And yet, there are some people that think child support should only apply for a finite number of costs.
Imagine that you are preparing for your big wedding day. As you get dressed for the big occasion, your spouse comes to you and says that the two of you should sign a prenuptial agreement. The contract will protect you, your spouse says. Since you trust your spouse, you sign it, thinking that the document is in your best interest.