Distribution of Marital Assets You Get What You Get: Distribution of Marital Assets in a Divorce In addition to the emotional weight and financial strain that can come with a divorce, spouses must also grapple with the distribution of marital assets. Marriage involves the joining of two lives, and just as it is difficult to…
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New Attitudes Toward Foster Care More than 110,000 children in the U.S. foster care system are legally free for adoption, yet more than 20,000 of these kids will never find an adoptive family. After a childhood of hardship, youth exiting the system without family support face a high risk of unemployment, homelessness, incarceration and other…
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Who Gets Retirement Accounts in a Divorce? Going through a divorce or legal separation can be expensive – emotionally and financially. One of the most contentious and difficult parts of ending a marriage can often be dividing you and your ex-partner’s assets. There is plenty of protocol for splitting your checking and savings account but…
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8 Steps to Rebuild Your Financial Life After Divorce If you’ve gone through it, you don’t need me to tell you how financially devastating divorce can be. Many people lose half (or more) of everything they’ve saved over their lives. This includes their home, retirement, business and investments. If that isn’t bad enough, divorced people…
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Does Divorce Derail Retirement? The short answer to this question is “yes” — divorce usually has a substantial impact on most couples’ retirement plans. Additionally, the longer you’ve been married, and the closer you are to retiring, the more your plans could seriously veer off course. Download Our Free Divorce Guide Obviously, most couples don’t…
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6 Critical Steps to Prepare Your Finances for Divorce The process of getting a divorce often leaves both parties wounded. However, there are a few things you can do right now to ensure that you are financially protected. 1. Gather your financial records The first thing you should do is to collect all of your…
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