Amidst the hardships of divorce, one matter that has to be addressed is dividing assets, including financial accounts. Many couples share credit accounts, so what happens to these during a divorce?
The divorce process can be very difficult, so much so, that many people just want to get it over and done with. The problem is that this rushed approach can end up really financially hurting someone. This is why it's important to really look at a potential settlement -- from all angles -- and talk through all decisions with an attorney before anything is set in stone.
In a previous post, our blog began discussing how common it is for people who hire a family law attorney to feel entirely lost, as the ensuing language, paperwork and proceedings can seem both unfamiliar and incomprehensible.
Last time, our blog discussed how perspectives can rapidly change in a post-divorce world, such that a person not only wants to see their practical objectives realized, but also their dreams for the future.
There are many objectives that will arise both during a divorce and in a person's post-divorce life. Indeed, the vast majority of these objectives -- securing a new place to live, creating a new budget, etc. -- will be expected and relatively easy to achieve.
The unfortunate reality for many men when it comes to divorce is that they not only feel devastated by the end of their marriage and the splintering of their familial unit, but also relatively frustrated and even somewhat fearful about the legal proceedings that will soon be commencing.
Once the difficult decision is made to pursue a divorce, chances are very good that a spouse will want to initiate the process as soon as possible.
Financial concerns top the list of worries for many people these days. Jobs are harder to find, promotions are harder to come by, college tuition is astronomical and the cost of living is not necessarily going down.
One of the more common thoughts when it comes to filing for divorce is that it will invariably result in a couple being dragged into a prolonged, expensive and altogether bitter legal dispute.
Thanks to continued advancements in the field of information and communications technology, it's becoming easier and easier to conduct anything international online, whether it's holding meetings, attending lectures, or just talking face-to-face with friends and family.