November 26, 2012

Diverse post-divorce parenting arrangements on the increase – A new study mapping when children spend time with their father after divorce, has revealed a shift away from children only spending time with their father every second weekend.

Who Gets The Kids? – Parents may be surprised to learn that a child as young as ten or eleven can express a preference to live with one parent over the other, and this preference will likely be given great weight in a custody proceeding. Given the gender neutral laws that exist in most states, and the fact that most households have two working parents, the issue of “Who gets the kids?” is up for grabs by both parents. Moreover, as we all know, the issue of custody directly impacts the issue of child support. It goes without saying that this is a great motivator for both parents to “fight” for custody.

November 12, 2012

Divorce Could Wipe Out Pensions For Half of Women – Around 43% of women rely on joint savings with their partners to finance their later years, according to a report by pension provider Scottish Widows.

Top 5 Ways To Save Money During Your Divorce – Divorce is tough, but you do have choices. You can choose to control your divorce, or you can let your divorce control you. A big part of controlling your divorce is controlling the cost of your divorce. Although your attorney is the expert, there are things that you can and should do if you want to keep your assets instead of giving them to your attorney.

November 8, 2012

How Divorce Can Adversely Affect The Economy    It is no secret that divorces are expensive. Between hiring separate attorneys and dividing assets, to starting over again with a single income, the cost of divorce has increased in the past few years. While divorces are expensive for the parties involved, there are implications for the economy as well. In recent studies, there has been a significant link between divorce rates and economy health. Here is a look at how divorce can directly impact the economy, and where the divorce rate stands today.

Helpful Tips for Financial Stability after a Divorce    Finances will change drastically after a divorce. It is important to consider these issues when divorcing to better prepare for the future.

November 1, 2012

Gray Divorce: Will You Become Part Of The Trend? – When it comes to midlifers, this couple is starting to become the exception rather than the norm. Although the overall national divorce rate has been creeping downwards since spiking in the 1980s, the divorce rate among those 50 and over — so-called “gray divorces” — has more than doubled over the last two decades, according to a study released this year by sociologists at Bowling Green State University.

Stewart Welch: 10 tips for divorcing couples – The ‘D’ word. It happens in about 50 percent of the marriages in America. The reasons for divorce vary by couple, but most of the cases have at least some roots in money issues.

October 29, 2012

Divorce rates rising among older people – You might think divorce is an oddity once a couple enters their later years, but so-called “gray divorces” are actually becoming more common. The Wall Street Journal recently published a story about a new Bowling Green State University study that shows the divorce rate among people age 50 and older has more than doubled since 1990 here in the United States.

4 Steps To Help Your Teen Survive Your Divorce – Many divorcing parents put all their attention on helping their younger children cope while assuming that their teenager will understand and adapt. Unfortunately, in many cases teens deal with divorce in more self-destructive and dangerous ways than younger children. Don’t be misled by their seeming independence and self-sufficiency.

October 22, 2012

DebtAdviser: Divorce, credit and debt - First, determine who owns the credit card that is charged off. Review all three of your credit reports carefully and verify ownership on all your accounts. You opened the account when you were married as either a joint account (where you were both owners) or in his name as the owner and you as an authorized user. The ownership of the account makes a huge difference.

Why Is Gray Divorce the New Trend? - An analysis of the latest U.S. Census Data indicates there has been a huge increase in the number of people 50-plus getting a divorce.