People from different countries or cultures often fall in love with one another. Many people start romances while traveling for leisure, employment or educational purposes. Countless others connect with people online despite vast distances between their homes. In some...
Divorce inevitably changes the financial circumstances of a family. The resources and income that previously supported a single shared residence must now maintain two separate residences. Spouses must prepare to share their property with one another as they negotiate...
Decisions made during a divorce can shape a person’s financial future for years. Especially if a couple has a complex financial portfolio, divorce can immediately impact filing status, deductibility and reporting requirements in significant ways. Depending on how a...
Property division can be a complex process, as the courts divide all marital assets equitably. However, matters become more complicated once you factor in your inheritance. What will happen to your inherited property during a divorce? Answering this question depends...
Dividing retirement assets becomes complex when one spouse holds a pension or superannuation fund from abroad. A Qualified Domestic Relations Order (QDRO) can divide U.S.-based retirement plans such as the 401(k)s, but those orders have no effect outside the American...
Even with two incomes, many married couples accumulate a significant amount of debt during marriage. If they divorce, they still have to pay those shared financial obligations. Both spouses might theoretically have debts that require years of payments after the end of...
Concern about reputation damage is one reason that people delay filing for divorce. They worry about members of their religious community, coworkers or even future employers discovering that their marriage ended in divorce. Some people might choose to stay in...
Married couples divorce for many different reasons. Sometimes, tensions within the family contribute to the decision to separate. If one parent has struggled to maintain a healthy bond with their children, the other may view living separately as the best option for...
Among the most complex divorces are those involving corporate executives. This is because executives often receive compensation packages that depend on performance, or which provide long-term incentives. How are profit-sharing plans, stock options or golden...
Spouses preparing for divorce usually have questions about the process. Many people have heard stories of people facing unfair divorce outcomes or watched movies that dramatized divorce proceedings. As a result, people sometimes approach the divorce process with...