In a prior post, we highlighted how social media comments could be harmful while made in the context of a divorce. Essentially, parents battling over custody of a child could really do themselves a disservice by broadcasting rants as if they were Leann Rimes railing on about Brandi Glanville. It is worth noting that disparaging comments may also affect a party’s eligibility to recover assets in a dispute over marital property.
The next two weeks will be littered with sleepless nights for most accountants. The federal tax filing deadline is quickly approaching and many people who are considering divorce may be unsure of how they will file their taxes, and are unsure of what the consequences will be.
Dealing with finances is one of the troubling emotional issues that must be dealt with during a divorce. After all, heartbreak is difficult enough to deal with; adding financial issues is like adding insult to injury. If you are going through a divorce, there are several ways to avoid the financial pain that can come about. This post will provide some helpful tips.
Prenuptial agreements are not exclusively for wealthy celebrities, especially considering how they are used and the “interesting” clauses that have trickled down to everyday couples. For instance, so-called “lifestyle clauses” which can regulate how often a spouse’s in-laws may visit, which spouse is responsible for certain chores, or even weight limit clauses are being used in prenuptial agreements.
Many people, when they decide to divorce, go into the process with preconceived notions of sucking the life out the other spouse, or getting taken for all of their money; or even more traumatic, never getting to see their children except for alternating weekends. Of all the bad things that can happen during a divorce, most of them can be avoided by having the right mindset. Essentially, having an honest and fair expectation of what they are entitled to, coupled with a desire to reach an amicable decision, are helpful survival tactics.
When you’re getting divorced, dealing with the division of marital debt is just as important as dividing marital property. While dividing assets may seem complicated and contentious, marital debt can have its own set of problems; as it may come back to haunt you in the future even though a spouse has promised to pay it off.