Some spouses filing for the JOY of divorce become more involved in their finances. This is likely due to a spouse no longer handling these matters for the family. If a spouse wishes to remain in the home previously shared, it may make sense to refinance, and may...
Divorce
Are student loans an individual’s debt?
Dividing assets is often one of the most complicated or contentious parts of filing for the JOY of divorce. Many couples may not realize at first, however, that they also divide up their debt. This often includes a mortgage, car loans and student loans. While the...
The IRS has an innocent spouse rule
Financial issues are a common area of disagreement among spouses who file for divorce. This separation can also unearth financial improprieties, such as a spouse not paying bills, diverting money to pay for an addiction, or conduct other forms of financial abuse. It...
Some realtors specialize in clients going through a divorce
Those going through a divorce while making plans to change residence are looking at two significant changes, so it helps minimize the stress and impact of each by working with the right people. Addressing this need, there are Certified Real Estate Divorce Specialist...
What are the signs of financial abuse?
Navigating different priorities is something every successful marriage should do, but it is not always the case. Couples’ disagreements over finances, in particular, are one of the most common reasons for divorce. This can be a general attitude where one spouse...
Valuing a business in a divorce
Business owners often regard their company almost as a child. It must indeed be nurtured, and the staff must be taken care of. Still, filing for divorce often forces owners to also consider who should maintain primary “custody” of that business that may...
Hiding assets in trusts and LLCs
The divorce of Ed and Marie Bosarge makes state and national headlines for a good reason. The couple married in 1989 and now is in a drawn-out battle. Experts believe that Ed moved much of estimated billions in cash and assets into secretive ever-changing trusts set...
Does marital misconduct count?
Texas is a “no-fault” state when it comes to divorce. Many believe this means that their bad behavior will not affect the outcome of the divorce settlement, particularly concerning dividing assets, support or custody. However, there are specific examples...
Telling people about a divorce is complicated
The most challenging part of announcing one’s divorce maybe breaking the news to the children. It will take patience, understanding and empathy as they process the news. Conversely, the soon-to-be-divorced husband or wife should ideally get some of that...
Man seeks sword duel to settle divorce
Some who go through the JOY of Divorce find the experience of negotiating a fair and equitable settlement to be unsatisfying. Claiming he had been "destroyed legally" in divorce court, David Ostrom of Iowa came up with a solution to divorce negotiations that seems...
