Ideally, before you begin the divorce proceedings, you must have a plan to pay for the divorce costs. There are some tried-and-true options (e.g., paying out of pocket and selling assets) and other, newer ideas.
Your marital home is one of the largest assets that will need to be considered during a divorce. However, what do you do if your current mortgage is underwater?
Divorce is a complicated, costly process for all parties to endure. As a result, many couples are now finding that there may be a more cost-effective, beneficial resolution to their marital woes.
Whether you believe your divorce will be relatively amicable or long and painful, one of the most important things you and your spouse can do is separate your finances during the process.
I want to give you some important details on spousal support that everyone going through divorce should know.
At any point in your lifetime, finalizing a divorce can be stressful. But divorcing after the age of 50 comes with its own unique challenges.
To fairly divide the funds accumulated throughout your marriage, the funds placed in 401(k) accounts will come up as well. Every state has its own specific protocol, but you can confidently head into this process by thoroughly understanding the way courts strive to fairly divide these retirement account holdings for each spouse.