Divorces among adults near or at retirement age have become much more common in recent years. Property division, financial support obligations and changed living arrangements can all alter retirement budgets. People may also worry about loss of important retirement...
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Is it time to “update” your prenup?
If you’re like many people who have been married for some time, you may not have thought much over the years about the prenuptial agreement you and your spouse signed before you wed. Unless you hit a very rough patch in your marriage, you may have forgotten all about...
Separate accounts can be important early in a divorce
Preparing in advance before divorce begins can set people up for the smoothest legal process possible. Gathering financial records and tapping into social support networks can both be important steps for those preparing to file for divorce or anticipating a spouse’s...
When a business is at risk during an Indiana divorce
People who run businesses or professional practices rely on their organizations for income. They may have long-term plans that include developing the company and eventually listing it for sale or passing it to their children when they retire. All of those plans can be...
2 important people to notify when you divorce
Divorce is not something you should try to face alone. Family and friends can often provide critical support at this time to make things easier for you and any children you may have. There are others, too, whom you should consider informing. Here are two. 1. Your...
What Grandparents Need to Know About Visitation Rights in Indiana
Losing contact with a grandchild can feel like losing part of your family. You may wonder whether Indiana law gives you any path back into that child's life. In some situations it does, though the rules are narrow and courts favor parents. When grandparents can...
What do you need to disclose in your financial declaration?
Divorcing spouses must exchange a Financial Declaration Form within 60 days of the initial filing. This sworn document discloses one’s income, expenses, assets and debts to ensure transparency during property division. In turn, it allows marital property to be divided...
3 financial records that can help spouses to prepare for divorce
For those contemplating divorce, concerns about finances often hold them back from filing. They worry about hidden assets and diverted income. They expect their spouses to try to deny them a fair share of the marital estate or diminish how much support they must...
Why would wealthy couples have higher divorce odds?
In some ways, a high level of wealth can create economic stability. This can, in turn, give a marriage more stability, potentially decreasing the odds of divorce. However, some reports note that periods of economic growth often lead to an increase in divorce cases....
Why social media can harm a divorce case
When a marriage begins to unravel, it's natural for many people to turn to social media for comfort, distraction or a sense of normalcy. A quick photo upload or status update may seem harmless in the moment, especially during an emotionally difficult time. In some...