OVERVIEW Ideally, issues of child custody, support and visitation are resolved between spouses amicably; unfortunately, this is not always the case. If custody and child support issues are fully contested, the judge and not the parties, will be called upon to make the final decision. In a contested custody case, social workers, psychologists and other […]
Category: Family Law
When Only One Spouse Goes Bankrupt
Introduction Your wife is facing serious financial difficulties and is considering bankruptcy. You wonder how her credit problems will affect your credit, as well as the effects there might be on your future financial prospects as a couple. Each situation is unique; however, there are some consequences that are commonly experienced by couples when one […]
Divorce for Dummies: Should You Hire a Mediator?
Divorce. It’s not something that you want to think about, talk about, or experience, yet for many couples, divorce is a harsh reality. Whether or not your divorce was expected, the process is never simple or easy. If you’re struggling to figure out how you’ll divide your assets or handle custody disputes, there may be […]
Ending a Marriage: Financial Strategies for a Cheaper Divorce
Ending a marriage is rarely a cheap undertaking. Depending on your assets and whether or not you and your spouse have children, the financial cost of terminating your union can rival the emotional one. In extreme cases, a divorce can drag on for years and cost each spouse tens of thousands of dollars. While you […]
Getting Mortgage When You Are Legally Separated
You’ve found the perfect home. It has all the bells and whistles and fits comfortably within your budget – but don’t start picking out paint colors just yet. If you are legally separated from your spouse, your marital status can complicate an otherwise simple approval process – especially if you happen to live in a […]
Six Reasons Why Your Premarital Agreement May Fail
A premarital agreement, also sometimes referred to as a prenuptial or antenuptial agreement and often abbreviated to “prenup” or “prenupt,” is a contract entered into between a couple before they get married with each other. As with any other type of contract, the substance of premarital agreements can vary widely to address couples’ unique needs, but these […]