BROOKLYN, New York. Divorce can be one of the toughest things a family can go through together. The divorce process can be complex. You and your ex might have to make decisions about splitting bank accounts, debts, and make choices about how assets will be split. One of the most difficult decisions that arises during […]
BROOKLYN, New York. According to CNBC, one of the leading causes of strife and stress in a relationship are financial difficulties. This doesn’t necessarily mean that struggling to pay the bills means the end of your marriage. Many divorces stemming from financial stress can be traced back to differing views about how to spend and […]
Divorce lawyers have seen an increase in the number of clients who gather evidence for their case from their spouse’s social media profiles. In some instances, social media itself is the cause of divorce; in fact, according to ABC News, 33 percent of all divorce filings in 2011 contained the word “Facebook.”
Divorce proceedings can take a serious toll on both your emotional well-being and your wallet. Forbes reminds readers that people who divorce earlier in life have more time to recoup their financial losses, but individuals who separate much later may never be able to regain their footing entirely and retire comfortably.
CNBC reports that there has been a fivefold increase in the number of couples who signed a prenuptial agreement over the past two decades. From pursuing ambitious entrepreneurial endeavors to paying down hefty student loan debt, there are countless reasons why so many couples are now drafting prenups before saying “I do.”
Spouses have an obligation to take care of each other financially, and this obligation does not necessarily end after the divorce. There are various kinds of financial support that the courts can order one spouse to pay the other, and the laws regulating this support vary by state.