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Posts tagged "Divorce"

What is financial infidelity, and how do I deal with it?

When most people think of infidelity, they think of a romantic liaison between their spouse and another person. One spouse discovers that the other has been having an affair. Sneaking around, keeping secrets and spending time with another person--it is definitely enough to strain any marriage. But romantic infidelity is far from the only type of cheating. As it turns out, financial infidelity is also common among spouses, and can also put strain on a marriage.

Preparing for a New Year's divorce

For many people, the New Year's holiday conjures up images of happy couples ringing in the new year with champagne and a kiss. To the contrary, statistics show that the number of divorce filings actually tends to spike over New Year's Day. Some divorce lawyers receive so many calls over the first working Monday of the year that they refer to it as "Divorce Day."

Hidden assets: Winning this high-stakes game of hide-and-seek

Divorce is hard, and it is normal for both parties to have concerns over their financial well-being after the process is complete. However, this could lead one party to hide and inaccurately value assets in order to keep more than what is his or her fair share of marital property. This is particularly common in Texas high-asset divorces when there is much at stake.

What occupations see the most divorces?

A person's job impacts many aspects of their life. A person's occupation can have major ramifications on their financial situation, as jobs vary in their wages and benefits. Also, it can greatly affect how much free time a person has and when this free time occurs, as jobs also differ greatly in their scheduling.

The burdens on an asset are an important consideration in a divorce

When thinking about which marital assets one spouse may particularly want when such assets are being divided in a divorce, attention should be paid to the benefits of each asset. It is also important to remember that, in addition to benefits, some types of property can also have burdens connected to them.

Divorce can be a learning experience

A crucial thing to remember when going through a divorce is that challenges and difficulties are far from the only things the experience can involve. Divorce can also present opportunities for a person. As a Huffington Post article notes, this includes learning opportunities, such as the chance to learn more about oneself, and the joy of being emancipated from a morass of marital misery.

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