What happens to the dog when “pet parents” decide to divorce? Divorce is a messy and often contentious process, especially when couples don’t agree about dividing assets. When an animal has become an integral part ... Read more
The divorce rate in the United States has been high for decades, but now, thanks to millennials, marriages today have a greater chance of lasting than they have for years. According to United States Census Bureau statist... Read more
Married people often have credit cards in common and don’t always think about who is making purchases on them, but what happens when divorce enters the picture? Determining how credit card debt gets split in divorce ... Read more
When couples divorce, who gets stuck with the debts run up during the marriage? Just as assets are shared in marriage, debts may be as well, so it has to be determined which party should be responsible for what debts. So... Read more
While the U.S. divorce rate has been steadily decreasing since the 1980s, it has increased for couples over age 50. In fact, according to a Bowling Green State University study, the divorce rate for senior couples doub... Read more
Student loan debt, now at a record high of $1.5 trillion, has become a marriage killer. According to a June 2018 survey by Student Loan Hero and reported by CNBC, more than a third of borrowers said college loans and oth... Read more
There is never a good time to get divorced, but if you have high assets, you probably will be best off getting one as fast as possible. The reason is the new Republican tax law, which will eliminate the tax break for a... Read more
When it comes to divorce, having more money can often mean more problems. The Securities Exchange Commission defines a high asset or high net worth couple as a couple whose net worth exceeds $1,000,000, excluding the val... Read more
Divorce is rampant throughout our country, with about 40% to 50% of married couples divorcing, according to the American Psychological Association. For remarriages, the divorce rate is even higher. Interestingly, the div... Read more
For better or for worse, alimony laws are changing, thanks to the giant tax overhaul signed into law in December, 2017. One of the provisions of the new Tax Cuts and Jobs Act removes the 75-year-old tax deduction for p... Read more
