If you are going through a divorce, you probably cannot wait for it to be over and to be able to say you are single. Although 34 percent of children live in a single-parent home, the situation is still treated as though it is abnormal. You are not alone as a single parent, even though it can feel that way. There are things you can do to make the transition easier.
Impending divorce can bring out the worst in a person, especially when it comes to finances. Many spouses begin squirrelling away assets in order to avoid having to share them with the soon-to-be-ex in the course of property distribution. If you are thinking about divorce, it pays to stay alert to signs of secretive financial activities. Otherwise, by the time the court is dividing up marital assets, the hidden assets may be long gone.
The American Coalition for Fathers & Children reports that the "vast majority of kids want more time" with the non-custodial parent following a divorce. While there are some situations in which it is difficult to stay connected, in general, the State of Texas presumes that children need to have contact with both parents and encourages parents to stay involved with their children. If two people cannot live together and parent, how can they ever learn to co-parent following the divorce? It is possible.
Divorce is seldom easy for anyone involved, but when there are young children, it can be much more difficult. That is because the effects of divorce on children are unique, and they differ quite widely according to the child's age. If you are facing a divorce and want to know how to approach the topic with young children, there are a few best practices that are well-supported by research.
If you and your spouse are getting divorced and either of you have retirement plans, you may be required to share a certain amount of these assets. Whether you are receiving or giving up funds, it is important to understand how asset division applies to retirement investments.
Mediation is getting to be a very popular way of settling divorce cases outside of court. Not only is it more economical and efficient than litigation, it also gives the parties more control over the outcome of their case, which leads to more sustainable agreements.
Everyone knows that divorce can be expensive. But few people realize how costly it can be for women, especially women over the age of 50.