Contemplating a divorce can be very stressful. The last thing most people want to do during one of the most difficult times of their lives is talk to a stranger, that they may have misconstrued, preconceived perception of, about the issues of their marriage and their finances.
Money tops the list of reasons for divorce. The risk that any marriage will end in divorce is about 45 percent. One of the major discrepancies that come up is in how men and women view money—women tend to view money as a means of security, while men conversely view it as a source of power and status.
One of the most frequently asked questions I am asked by a client who is getting divorced is whether his or her spouse can be forced to move out of the residence they are living in together. At face value it is a fair and logical question, it seeming to be simply common sense that in all but a few instances where the parties are able to peacefully coexist, living together during a divorce is likely to be stressful, acrimonious, and uncomfortable.
One of the most frequently asked questions I receive from a divorce client is, “Can I be charged with abandonment if I move out?”
Although the end of any relationship is very emotional, if you follow these five steps, you can significantly cut down on cost, wasted time and some of the agony typically associated with the divorce process.
Prenuptial Agreements or "prenups" still have a stigma despite the potential of being very helpful to couples planning a marriage. No one gets married with the intention of getting divorced, but some people assume that if their future spouse brings up the topic, they have no intention of staying married. Believe it or not, a prenup can actually help a marriage. As part of wedding planning, couples should consider the following, which may be addressed in a prenup:
On June 26, 2015 the Supreme Court of the United States (SCOTUS) legalized same-sex marriage nationwide. In New York, same-sex couples were granted the freedom to marry in 2011. It’s important to know what rights were granted under the Marriage Equality Act—especially now that marriage equality is the law of the land.
In many divorces, couples take matters to court seek resolution. Each side usually has a lawyer. Depending on the circumstances, fighting may continue/increase and communication may become non-existent.
When to file for divorce is a question only you can answer(except, unfortunately, if your spouse files first, then you will be thrust into a divorce, even if you aren’t or weren’t ready for it). A good lawyer or friend or therapist will not tell you that you must file.
Yours, mine, and ours. These are some key words to think about when beginning or revisiting a conversation concerning money management with your partner. Some couples don’t put that much thought into the merging of finances – but that is a big mistake.