Divorce can be a very expensive undertaking. Not only can it take a toll on your emotions, but it can also cause financial problems -- even for those couples who seem to split amicably.
It's been 13 years since Health Savings Accounts (HSAs) started, and by now, many of the accounts have large balances. If you and your spouse are divorcing, how is the HSA going to be handled?
The statistics of 50 percent of marriages ending in divorce has been around for a very long time. According to Psychology Today, though, for the last several decades, the divorce rate has been falling.
Deciding that your marriage is over can be one of the most difficult decisions you may ever make. Unfortunately, there are generally many more difficult decisions coming. One of those decisions is who you will retain as your divorce attorney.
When someone you care about is going through a divorce it's only natural to want to help. However, people often say or do the wrong thing either because they have a misguided notion about what is actually helpful.
Before getting married, it's wise to take a long hard look at your assets and the assets of your prospective spouse, according to some who have been through both marriage and divorce. That way, if you want to protect yourself financially, you can consider a prenup.
When it comes to a divorce, it can be particularly difficult for a stay-at-home mom. This is because many moms who have long stayed home with their kids have had little time to think about building the necessary experience and skills to re-enter the workforce if they ultimately have to. They've thought even less about building up a nest egg to support themselves should an inevitable divorce occur as well.
If you're going to get divorced and you're wondering why it's come to this, the reality is that there could be one major cause, a number of valid reasons, or a whole web of complex reasons that led to the split. Divorce causes are different from one marriage to the next, just as each marriage is different.
You and your spouse may have started living together months or years before you actually got married. Maybe you just felt like it would simplify your lives and you knew it was a long-term relationship either way. Does this make it more likely that you'll get divorced?
Divorce filings spike after the holidays by as much as 25 to 30 percent, according to the American Academy of Matrimonial Lawyers' president. Not only do holidays tend to bring forth a lot of emotional issues and tension, it can also bring about a lot of financial issues.