You and your spouse have been planning for retirement all your adult lives. Because your spouse made all those contributions to his retirement plans during your marriage, they are now marital property in your divorce. However, dividing retirement accounts can be a complex process, especially since each retirement plan may have its own rules.
If you are a parent who does not have primary custody of your child, you may have standing visits with your son or daughter over the summer, on certain holidays or what have you. Because you only have limited time to spend with your child, you probably want to make every effort to ensure a smooth, positive visit that strengthens your parent-child relationship.
In one sense, divorce decrees are set in stone. You must do whatever is in the decree, and if you do not, your ex-spouse could seek remedies in court. In another sense, though, divorce decrees are not necessarily set in stone. The courts recognize that few people's lives stay the same and that they may need to make post-divorce modifications.
Divorce is by its very nature an emotional experience. However, letting your emotions get the best of you as you go through the process can lead to poor decisions and errors that can impact your long-term future.