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Posts tagged "Divorce"

Negotiating a divorce settlement

When a California couple decides to divorce, they do not necessarily have to turn to litigation to get a decision on property division or child custody. They may be able to negotiate these issues themselves. However, careful preparation can help them make better decisions during this process.

Divorce and its effect on a credit rating

Some former spouses in California may find that divorce can impact credit scores. There are many different ways this can happen. For example, if one spouse buys out the other's stake in the family home, they may need to refinance. This can leave a person with a great deal of debt.

Preparing for a new year by filing for divorce

In California and elsewhere, statistics show that many people start off the New Year by filing for divorce. According to a poll, it is estimated that one in five couples begin to consider getting a divorce once all of the winter holidays are out of the way. Studies also show that the actual divorce rates peak in March and August, potentially due to the fact that a failed winter holiday or lackluster summer vacation could be the final nail in the coffin for a marriage.

Reasons for divorce

There are a number of common reasons that people in California might get a divorce. Infidelity is one reason although this does not always lead to the end of a relationship. Abusing alcohol or drugs is another reason.

Sharing child custody during the holidays

Divorce is increasingly common in California and in other parts of the nation. Sharing child custody presents many challenges at any time of the year, but it can be especially difficult during the holidays. There are, however, ways for parents to make the holidays easier for themselves and their children.

Choosing professionals to assist in a divorce

For California couples, divorce can be an emotional time, and it can mean that a support team is needed. For emotional support, a person might turn to friends, family and a therapist who specializes in divorce issues. For financial and legal support, a financial adviser and an attorney might be useful.

How to decide whether to sign a prenuptial agreement

In a community property state like California, marital property is supposed to be divided equally if the couple divorces. A prenuptial agreement can prevent this from happening. Some people may see a prenuptial agreement as a plan to get a divorce, but a prenup may also protect assets if the marriage ends with the death of a spouse.

Important divorce considerations for older couples

Divorce could cause financial stress for any age group, but it's particularly challenging for those in their 40s and 50s. Older couples in California tend to have more assets to divide and more to lose if they decide to end their marriages. There are a few things a spouse who is unhappy in their marriage should consider before contacting an attorney.

Delaying divorce for the sake of the children

Because a divorce could affect everyone in the family, married couples in California may be wondering whether they should stay together for the children. In some situations, parents who believe that staying married is the best option for their kids are only putting off the inevitable. Couples should weigh both the pros and cons of maintaining the marital relationship before deciding whether to put off divorce for the kids.

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