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Divorce involves much more than legally ending a marriage. It also means dividing up the marital assets and distributing them equally between each party. Because this process has considerable financial and emotional ramifications, it can be one of the most contentious aspects of a divorce. This is particularly true when it comes to certain properties that…

After a person passes away, his or her estate must be settled. This includes distributing property, which people typically expect. But it also includes paying off debts, which can catch some people by surprise. Before you write a check or make any type of payment on any debt, you would be wise to confirm that…

People tend to dismiss the idea of creating an estate plan if they don’t have complex assets or divisive family relationships. Often, they assume that the state laws will suffice when it comes to determining what should happen to their property, debts, and other end-of-life matters. While that may be true for some people, such…

Talk of a prenuptial agreement used to be a taboo subject—one that, when discussed, could cause bad feelings and conflict between soon-to-be spouses. But thanks to the younger generation, they are becoming more common and less unthinkable. A prenuptial agreement, also called a prenup, is a legal document that outlines a framework for a couple’s financial expectations…

People typically don’t decide to divorce on a whim. For many couples, it is only after they have exhausted all other efforts to repair or improve the marriage that they decide to divorce. Under these circumstances, getting through the process quickly can be a top priority. Rushing through a divorce is unwise, and the process…

Divorce is a challenging experience for every couple. Between dividing all your belongings and changing the family dynamic, divorce changes your entire life. And it may quickly change your career if you are a small business owner. How are businesses divided during divorce? There is no clear-cut answer for every business. Each divorce has unique…

Settling a person’s affairs after he or she dies can be complicated and overwhelming for people who are also struggling with grief. However, there is a process in place to ensure everything is resolved properly and fairly: probate. What is Probate? Probate is the legal process of transferring a person’s assets and paying his or…

Ending a marriage is not an easy decision for a lot of people. In some cases, one or both parties can be unsure about whether they can or should end it in the first place. Under these circumstances, it may be wise to consider a legal separation. People opt for a legal separation for many…

When parents divorce or separate, children can experience a great deal of change. Depending on their ages and the circumstances under which parents are splitting up, this change can be frightening and destabilizing. As parents, you play the primary role in helping your children through this difficult transition. And this can involve prioritizing solutions that…

The two people most affected by divorce are the divorcing spouses. As such, they are the people who should be most involved in finding agreeable resolutions. However, there are other parties who can play a role in a divorce, particularly when it comes to a collaborative divorce. By definition, collaborative divorces involve people working together…