When a marital split is on the horizon, you know that putting a precise value on the family business is going to be crucial to a fair outcome. However, you may not know where to start.
During a divorce, there's no time for secrets about money and resources. All of those things need to be sorted by owner, and joint assets must be divided. You know the rules. Your spouse knows the rules.
Are you ready to tie the knot but worried about how your student loans will affect your intended spouse? Does your intended have a lot of student loan debt that you're worried about taking on?
Maybe you were lucky enough to be born to a financially secure family or inherited your wealth -- or maybe you scraped hard for every penny you have. Either way, there are a few things that wealthy people do (if they're smart) when they get married to protect their assets just in case of a divorce.
Maybe your spouse is just an angry person -- or maybe your spouse is an outright narcissist who can't function without trying to manipulate you and everyone else around you.
Adele's heartfelt music has brought a lot of joy to her fans -- but nobody's life is perfect. Because she and her husband seemed like a happy couple, the news of their divorce created a storm of media stories.
In the latter part of 2018, California lawmakers approved some changes to the way that judges view the family pet in a divorce. Essentially, the court can decide joint or sole ownership and establish a visitation schedule -- much like what is done with child custody. The court will also take into consideration who has been the pet's primary caretaker and what's in the best interest of the animal.
Once you get over the emotional shock of the fact that you're getting a divorce, the next real panic might set in: How are you going to afford this?
Would you believe that your odds of getting divorced are increasing as you age? It's true. Divorce now affects one out of every four people over 50 years of age -- and that figure is expected to rise.
When you get divorced, you have to divide everything up -- including all the household items that you've gathered over the years. That means the furniture, the things in your cupboards and the items that have accumulated in your garage.