It is not unusual for individuals in Tennessee and elsewhere to find themselves wanting to end their marriages. Any number of issues could arise that lead to these feelings, and many people follow through with dissolving their marital relationships. Of course, if individuals are dealing with high asset divorce cases, they may have their work cut out for them.
Personal assessment may help during high asset divorce
When there is considerable wealth at stake, many people may find themselves focusing on the financial aspects of ending a marriage. This approach may be wise in high asset divorce cases, but it is important for Tennessee residents to remember not to keep the money their sole focus. If they do not take the time to assess their personal aspects of the case as well, they may end up falling short of the goals they desire.
On child support payments and the costs they cover
If you have children with your spouse and then you decide to get a divorce at some point in the future, there will obviously be a couple of important discussions you need to have. The first is related to child custody, and hopefully the two of you can figure out a joint custody arrangement if that works for your situation. But the other topic you need to be ready for is child support.
Avoiding financial mishaps in a gray divorce
The rate of gray divorce, or divorce in couples past the age of 50, continues to rise. Once you have passed your 50s, you have likely accumulated a significant amount of wealth and property. That means that in a divorce, you have a lot at stake.
Separation, annulment and divorce: How are they different?
After several years of marriage, you and your spouse are thinking about parting ways. When you are preparing to end a marriage, you will have several options to choose from. Three of the most common include separation, annulment and divorce.
A 'gray divorce' could be costly to your retirement plans
For Americans over the age of 50, divorce has become more and more prevalent. These middle age dissolutions of marriage-sometimes called "gray divorces"-have doubled since the 1990s, and they're often unique from their younger counterparts.
What is “Divorce Day,” and is it real?
The Christmas tree has been taken down, the New Year’s party hats are packed away and things are settling back into a normal routine. Does the post-holiday season tend to give you the blues? If yes, then you are not alone. In fact, the first weeks of January tend to make a lot of people feel down—but not necessarily for the same reasons.
When divorce mediation just won’t work
Let’s face it, the word “divorce” has some pretty negative connotations. Of course, this isn’t true for every couple. Some couples are able to divorce amicably by using a relatively painless mediation process. For other couples, though, the d-word’s negative connotations are more than justified.
Divorcing? Ask yourself these important questions
Divorce is full of uncertainty. After building a live with your spouse, you may be wondering what lies in the future. No doubt, you have a lot of questions on your mind. There are some questions that are more important to ask than others-- questions about legalities, finances and the divorce process. We have compiled a list of some important questions that you should ask yourself if you are getting a divorce.
The division of financial assets: What comes into play?
If there comes a point when divorce is on your mind, it's only natural to turn your attention to the division of property (both assets and debts).
