Transitions in relationships, just like any transitions, can be challenging. But, as many have found, they are often necessary for personal growth and well-being. Legal separation, an alternative to traditional divorce, offers individuals an opportunity for a breakthrough rather than a breakdown during and after this transition. By combining legal separation with mediation services, a…
When couples divorce, the topic of spousal maintenance (also known as spousal support or alimony) can be challenging and emotional. But, to make fair decisions regarding spousal maintenance, understanding the factors considered from a legal aspect is important. By examining these elements, we can create post-divorce financial arrangements that are fair to both spouses. Additionally,…
Divorce is a complex process, and for self-employed individuals, it comes with its own set of unique challenges. Understanding the financial and legal considerations specific to self-employment is crucial for a successful divorce resolution. One primary consideration is business valuation. Self-employed individuals often have assets tied to their business. Determining the value of the business…
Divorce can be a tough road to go down, with emotions running high and the future feeling uncertain. In the midst of all the emotional turmoil, it’s easy to overlook the practical stuff, like how your finances will be affected. Divorce can be a turning point in life and an opportunity for a fresh start….
One of the hardest parts of any divorce is dividing assets. If you and your spouse own a home, it is likely one of the biggest assets you own which makes determining what to do with it particularly challenging. Deciding who gets the house is not only an emotionally challenging task but with inflation and…
Whether a divorce is amicable or contentious, everyone wants to protect their own financial interests. If you have an existing prenuptial agreement, some things may already be decided but even with a prenup, some things may need to be negotiated and things may have significantly changed since you first drafted the prenuptial agreement, necessitating a…
Although nobody likes to think about a wedding ending before it has even begun, that’s no reason not to make sure that your assets are looked after in the event that a separation becomes necessary. Although asking for a prenuptial agreement may make for an awkward conversation with your fiance, that does not have to…
While no one wants to think about the end before it even begins, a prenuptial agreement is a safeguard in the event a couple gets divorced. It helps set certain terms so there is a fair settlement, and it can make things go much smoother. When drafting this document, there are certain topics a couple…
Ideas for Popping the Prenuptial Question You’ve found the one you want to go through life with, and you’re pretty sure he/she feels the same. You’ve got butterflies in your stomach, but they’re not about whether your potential spouse will say “yes.” The butterflies are there because you have another question, one that you’re asking…
There are situations where prenuptial agreements address bona fide concerns that can derail a relationship, such as how to raise children from a previous relationship. A family with significant assets may require a prenup for their children before allowing them to get married, and the future spouses may comply just to keep family peace. While…
Most people are familiar with prenuptial agreements through the way that journalistic coverage of celebrity relationships tends to emphasize them, but they are actually relatively simple instruments that most couples could benefit from making use of before getting married. While common perceptions of them tend to revolve around the idea of keeping certain assets from…
Prenuptial agreements make sense for more than just the extremely wealthy. Many middle class couples benefit from the foresight and execution of a well-drafted arrangement. While it can be difficult to discuss the possibility of divorce, it is a good idea to take stock of your financial situation and consider a prenuptial agreement if any…
