Financial discussions and concerns have the ability to taint a couple's marriage. It is no secret that money issues cause tensions in marriages, but a recent study has shown that college debt is becoming a thorny issue for couples to work through, and it often results in marriage dissolution.
Making the decision to end one's marriage is often a difficult one for most New York couples. When the decision is finally made, people usually want to move on as quickly as possible to begin their new life on their own terms, which means they want to untangle their assets and finalize their child custody arrangements as soon as possible. This can be possible with the help of experienced divorce attorneys, such as those at the Law Offices of Kristene M Demo-Vazquez PC.
Back to the routines, the packed lunches, the pickup and drop-off coordination and the signup sheets-its back to school time across the country and New York residents are probably trying to ease their children as well as themselves back into the routine. One way to ease the transition is to get together with a former spouse and try to plan the next year in advance as much as possible to avoid child custody or support disputes that could soil the amicable relationship divorced parents are trying to maintain.
One common worry a person going through a divorce may have is that they are not earning enough to be able to support themselves, and therefore are not financially independent. Spousal support, also known as alimony or maintenance, is one way a spouse can continue to receive financial support after their marriage ends from the spouse who earns more money, so the receiving spouse has the ability to gain the skills necessary to become self-sufficient.
Prenuptial agreements are often accompanied by a negative stigma and can fall victim to misconceptions. However, they really should be understood as a useful tool for couples considering marriage. A prenuptial agreement can be helpful for any couple, not just wealthy couples. Prenuptial agreements have many advantages for any couple entering marriage, so it is useful to understand them.
Spousal support can be an acrimonious part of any divorce which is why it is helpful for divorcing couples to understand how it works. Spousal support sometimes goes by other names including alimony or spousal maintenance but whatever it is called, it refers to when one former spouse pays a certain amount of money to another former spouse which is why it can be of concern during a divorce.
When getting divorced, many things could have impacts on your finances, such as your credit. This could include things that seem totally unrelated to finances. Take for instance, a divorce name change.