Divorce can be especially difficult for parents still raising children. Your post-separation finances don’t have to be. About 40% to 50% of married couples in the U.S. divorce, according to the American Psychological Association. While there are many changes when separating from your spouse, managing the finances for your shared children can be particularly intimidating. …
Continue reading “How co-parents can stay on the same financial page – CNBC”
When you and your spouse part ways, you need to be prepared for the price tag that goes along with the dissolution of a marriage. Wedding cake with angry married spouse figures on top of it. More Image source: Getty Images Nolo estimates the average cost of divorce at around $15,000 — and that’s just for …
Continue reading “Should I Use a Personal Loan to Pay for My Divorce?”
For many companies, litigation is a negative word, and for most it’s a last resort, only to be considered once all other options have been exhausted. Litigation is viewed in this way because it’s normally very expensive, and one of the reasons for this is because lawyers typically charge by the hour, regardless of the …
Continue reading “Litigation. Costly liability, or Untouched asset? – Lexology”
If your image of divorce is a bloody battlefield of husband and wife, expensive lawyers, frosty court rooms and children being told to forget birthday and Christmas gifts for the next decade, a new style of Collaborative Practice may come as a surprise. As unlikely as it might seem when the focus is on people …
A High Court judge has urged a rich Sheffield businessman and his wealthy estranged Austrian wife to agree a truce after being told how they had run up £1 million in lawyers’ bills while fighting over less than £2 million. Mr Justice Holman said engineering firm boss, and Conservative Party donor, Sir Andrew Cook and …
While the number of marriages in South Africa drops each, year, the rate of divorce is sadly on the rise. In general, the financial implications of a divorce are devastating and often result in both partners having to significantly lower their standards of living post-divorce. With so many emotional, financial and logistical implications, the decision …
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