Everyone knows divorce can be sticky emotionally, but the economics of divorce can get tricky too, especially when checks are still being written to an ex-spouse after a divorce is final. Depending on how the money is allocated, there are different tax implications for both the recipient and the payer. As part of a divorce settlement, a family law court may ask one of the spouses to pay spousal support (aka alimony), child support, or both.
According to the U.S. Census Bureau, there are an estimated 4 million divorced parents in the U.S. With the holiday season upon us, it's worthwhile to explore the topic of how some sources recommended that divorced families work through the holidays with the kids in mind.
Diva pop star Beyonce Knowles is seemingly at a great point in her life. Her career is booming, and she is expecting her first child with equally successful rap star Jay Z. But life is complicated, and while her family life is at a positive point, her parents' marriage is reportedly officially over.
Okay, so maybe there were no blue suede shoes to be had as part of their marital property division, but there was plenty more for Elvis and Priscilla Presley to divide when they got divorced. And now, thanks to a recent auction, we know what some of those specific property division details are.
It is undoubtedly good news that troops are coming home from serving in Iraq and Afghanistan. That means that more and more American servicemembers are safe at home. Their families can breathe heavy sighs of relief that they are reunited with their brave loved ones.
The holidays aren't always completely filled with good cheer. Many unhappy spouses find themselves laying the groundwork for divorce. Part one of this series reviewed some of the offensive tactics suggested by financial divorce strategist Jeff Landers.
Some spouses often just want to keep as much peace as possible in their families over the holidays, and even if they have been thinking strongly about divorce, many of them think they can handle one last holiday season with their spouse. But for many of the unhappily married, the need to file for divorce comes soon after the holiday festivities are over. January is reported as the month when most file for divorce.
In recent years, the passionate debate regarding same-sex marriage and divorce has occupied the discussions of people in Texas and around the country. It's an emotional, personal and often religious matter that is in the crucial process of being ironed out throughout or country.