In today’s mobile society, it is becoming increasingly common for individuals to have two or more residences – often in more than one state. Many people work in one state – spending their week days and night in one city – then go “home” to another state for the weekend. In other cases, one spouse...
Divorce
Businesses in the technology sector often offer non-cash benefits and incentives to employees. Particularly prominent are stock options. In a divorce, many assets are relatively easy to divide. But stock options can be difficult to valuate and divide, particularly if they have not yet vested. In Washington and California, formulas address how to divide employee...
Although marriage may be a matter of the heart, divorce is very much a legal matter. Like any legal matter, it involves lots of paperwork. The type and amount of paperwork depends on where you live, as divorce is a matter of state law. This means every state handles the particulars of divorce a little different....
According to 2013 census data, 22.1 children under 21 live with their custodial parent while the other parent lives elsewhere. Custody disputes are not uncommon following a separation or divorce. Even the most reasonable people may let the tension get the best of them, and this can often lead to long, drawn-out disputes. If you...
If you live in a different state from your child, it is natural to wonder how realistic or feasible long-distance co-parenting is. For example, can you really have a say in many matters when you only see your children during holidays and summers? The short answer is that if both parents are committed to making...
Simply put, spouses do not always share the dirty details of their purchases or finances with one another. Sometimes, an omission is a genuine oversight, and sometimes, it is done intentionally in an effort to avoid a fight over an expense one spouse may not consider worthwhile. While hiding assets is sometimes done innocently, it may be...
Divorce is generally a confusing and time-consuming process. You need to make choices regarding various elements such as dividing debt, marital assets and property. One thing some divorcing couples don’t realize is that debt is considered marital property, regardless of which person incurred it. Learn about what happens to debt during divorce and what you...
Even kids who don’t go through a divorce have a hard time adjusting to change. When parents split up, it disrupts a child’s routine. However, Scientific American reports that the majority of children do well after a divorce, even if the first couple of years are difficult. Parents can take steps to help a child...