Late-in-life divorce numbers are still rising. These "gray" divorces are now quite common. In fact, last year, the number of people who were 50 years old and older were two times more likely to get a divorce than they were in 1990. For those that were 65 years old, the likelihood was even higher.
An equitable distribution of your income or assets is not the same as an equal distribution. In fact, it can work in your favor in some cases to have an equitable split instead of one that is 50/50.
Family law covers an extensive array of issues. Many are related to divorce and separation, such as child custody, child support, property division and alimony. However, there are other areas of family law that are just as important. These include paternity, adoption and prenuptial agreements.
One factor that can often comes up when a married couple decides to divorce is who is going to keep their home and who is going to move out. Most people couldn't stand to live in the same home as their ex -- like what happens in "War of the Roses." For guys who are moving out of their marital home, there are a few things that should be considered.
One household and shared assets divided by two unhappy spouses frequently equals financial problems. Divorce deals a one-two punch. The end of a marriage can place parties in a highly-emotional state and often has a negative effect upon individual finances.
Deciding whether or not to enter into a prenuptial agreement with the person you plan to marry is a very difficult decision. Since each couple's situation is unique, it is wise to base your decision to sign or not to sign on your own personal circumstances.
Despite a veritable avalanche of information about divorce across the Internet, the process remains confusing and chaotic for those who are contemplating such an action. In stressful times like a divorce's beginning, too much information can have an undesired effect -- it can worsen the confusion divorcing parties already feel.
In the movies, everything's more dramatic than in real life. A prenuptial agreement sounds like something arcane that only happens in rich people's lives, like finding a secret codicil to a rich uncle's will.
For a lot of people, the decision to get a divorce hardly brings misery. Many are in unhappy marriages despite their best efforts, and deciding to divorce can bring a sigh of relief -- it puts things on track to start changing.