It is illegal to hide assets during a divorce. Couples need to make a disclosure of all the assets they have jointly acquired during their marriage, as all marital assets are subject to division. The only things that should be excluded from the marital estate are...
Couples who have accumulated more resources during their marriages often have a more difficult process when they decide to divorce. More assets to divide will mean more financial terms to negotiate and more resources to disclose and value. People may disagree about...
Every paycheck that you have brought home has helped contribute toward the house where you live. Your monthly mortgage payments could be as much as 30% of your combined income, and you may also have contributed a lot of sweat equity by helping to maintain and fix up...
Getting divorced is always an adjustment, but this can be especially true for older people going through a "gray divorce." After being married for 30 or 40 years (or longer), not living with your ex anymore usually means a huge change in lifestyle. Besides the...
When you know where you and your soon-to-be-ex stand financially, you improve your chances for a fair divorce settlement. Organizing information about marital assets and debts ahead of the property division phase of the divorce will help lower your stress level. ...
