The to-do list for divorce includes an endless number of details. Some items are issues that must immediately be dealt with, such as family plans and support. However, financial experts say that there are other important issues that are easy to put off, but these are still important to the well-being of your estate and your family.
Texas couples may know there are various significant benefits to having a prenuptial agreement. In the event of a divorce, a prenuptial agreement can allow a couple to avoid lengthy and stressful litigation. This document can also allow you to preserve your financial interests and protect specific assets.
According to a new study in the Journal of Family Studies, the children of parents who divorce are less likely to get baccalaureate or professional degrees than children whose parents are married. This is bad news for the 1.5 million kids whose parents divorce each year. It is also bad news for the U.S. economy, which increasingly needs employees with at least a college degree.
If your ex-spouse's drug or alcohol use contributed to the conflict in your marriage, you likely have concerns about his or her ability to care for the kids when when you are not present. Perhaps this wasn't an issue when you were married because you were always on hand. Now, however, there may be days at a time when your spouse has responsibility for the children.
Nearly every married couple goes through difficult times, and more than likely, few spouses have never spent a sleepless night trying to decide if the marriage was worth saving. For some couples, it takes very little to bring the marriage to an end. Other spouses seem to be able to weather a lifetime of storms and remain strong together.
There are men and women who are not good with money and others who just do not want to think about it. Yet the gender pool involving investing and financial matters is far from balanced. According to a new study, men are still much more likely to handle an asset portfolio even when women handle the checkbook and the day-to-day payment of bills and expenses.
Much has been said and written about the stresses of getting divorced. There is the emotional duress one suffers as well as the financial hardships that may be part of the new reality. However, studies now find that those who divorce, particularly women, have more health issues than those who are still married.