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Which states are community property states in divorce?

Which states are community property states in divorce? Nine US states observe community property law in a divorce, where marital assets are split 50-50. This includes California, Arizona, and Texas.

Community Property States

These 9 Community Property States Require Equal Distribution of Assets in Divorce Nine U.S. states are community property states, where divorces require equal distribution of assets acquired in marriage.

The States Where Divorce Is Most Likely

The States Where Divorce Is Most Likely Do half of all marriages end in divorce? Not necessarily. The likelihood of a marriage dissolving varies based on many factors, including income, age at the time of marriage and whether the marriage was a first marriage or a subsequent one. Since cultural trends such as early marriage can impact

Alternatives to Court: Mediation and Arbitration

Alternatives to Court: Mediation and Arbitration A divorce or legal separation doesn’t require a court trial. Arbitration and mediation are some alternatives and they're cheaper methods of untying the knot.

Prenuptial Agreement: What it is, How it Works

Prenuptial Agreement: What it is, How it Works Prenuptial Agreement is a type of contract created by two people before entering into marriage.

What Is A Collaborative Divorce?

What Is A Collaborative Divorce? Sometimes, a couple may wish to end their marriage without the stress or hostility usually associated with a typical litigated divorce. Collaborative divorce is a method for ending the marriage through cooperation and negotiation. This article lays out the advantages of a collaborative divorce, t

Legal Separation: Definition, How To Prepare, Types, and Example

Legal Separation: Definition, How To Prepare, Types, and Example A legal separation is a court-ordered arrangement whereby a married couple lives apart, leading separate lives.

Family law forever changed: parenthood in the wake of marriage equality https://reut.rs/4frqG7M

Alimony

Alimony: Definition, Types, and Tax Rules Alimony payments are legally mandated monetary transfers from one ex-spouse to another in order to provide financial support.

How to Divide Your Money in a Divorce

Decoupling Your Finances: How to Divide Your Money in a Divorce Divorces can be messy, but taking the right steps to divide your finances can help you cover your bases and recover your assets.

The Birthday Rule for Health Insurance: Why it Matters? https://bit.ly/3w9TUlJ

Alimony Payment Definition, Types, Requirements

Alimony Payment Definition, Types, Requirements An alimony payment is a periodic predetermined sum awarded to a spouse or former spouse following a separation or divorce.

How the Divorce Process Works

How the Divorce Process Works Divorce is hard. Here's a step-by-step look at how the divorce process works, from separations to filing the divorce petition to finalizing the judgment.

Top 6 Marriage-Killing Money Issues

Top 6 Marriage-Killing Money Issues Strengthen your marriage by understanding and dealing with these six major financial stressors.

How to Split Assets During a Divorce

How to Split Assets During a Divorce A divorce can create a lot of financial damage to you and your assets. Here's what you need to know about splitting and protecting yours.

PREPARING A HOME FOR SALE DURING A DIVORCE: A STEP-BY-STEP GUIDE

Preparing a Home for Sale During a Divorce: A Step-by-Step Guide Divorce is a challenging time and selling a home adds complexity. My guide offers a step-by-step approach to preparing your

Prenuptial and postnuptial agreements can help set parameters for what happens after you and your spouse go your separate ways. Postnuptial agreements, which are obtained after your married, have the potential to be more complex, because after marriage couples might have co-mingled money or acquired joint assets.

Can You Get a Prenup After Marriage? Though lawyers strongly recommend prenuptial agreements, postnuptial agreements are an option.

Getting a Divorce with a Six-Figure Domain Portfolio? Divorce-Proof Your Assets and Protect Your Wealth

Getting a Divorce with a Six-Figure Domain Portfolio? Divorce-Proof Your Assets and Protect Your Wealth. | Entrepreneur When money and valuable assets are involved, it can add a layer of complexity. Of course, in the rare situation that you have an uncontested and amicable divorce, you're probably wondering what options you have to safeguard your six-figure domain name portfolio.

How to Protect Your Credit During a Divorce

Protect Your Credit Score During and After a Divorce With These Steps - NerdWallet While a divorce won’t show up on your credit reports, dividing your financial assets can have a negative impact on your credit. Here's how to protect your credit during divorce and steps to take afterward.

Couples may sign a postnuptial agreement to protect an inheritance, provide for a stay-at-home spouse, assign ownership of a business, repay a parental gift, or salvage a marriage.

What Is a Postnuptial Agreement? How It Works and What's Included A postnuptial agreement is created by spouses after entering into marriage to outline the division of financial assets in the event of a divorce.

Gray divorce': Financial planning for calling it quits after 50

More Americans are splitting after 50. Financial planning tips for a 'gray divorce' The divorce rate has doubled since 1990 for Americans over 55. And in financial terms, few "gray divorcees" are better off.

Dividing the marital home in divorce can be a financially and emotionally fraught experience.

I Want the House, Not My Spouse Dividing the marital home in divorce can be a financially and emotionally fraught experience.

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When you are married, it’s common to intermingle your finances, open joint credit card or loan accounts or purchase a home, making it tough to figure out what happens to that debt in the divorce.

Who is responsible for debt after divorce? | Bankrate Discover what happens to debt when you get divorced.

Many of us have heard the statistic that roughly half of all marriages in the U.S. end in divorce. That statistic still holds true for first marriages. But if you’re going through a divorce, statistics are irrelevant: It’s your life that’s being impacted.

Five Tips if You’re Getting Divorced in 2024 Understanding the process and getting solid advice can help you achieve a better outcome.

Of all the things that need your attention when you’re going through a divorce, credit cards are probably low on your list. But making the right moves early on can set you up for a smooth return to managing credit as a single person.

Credit Cards and Divorce: What to Do With Your Cards During a Split - NerdWallet Sorting out your credit cards during a divorce can set you up for a smooth return to managing your credit as a single person.

Gray divorces are more common these days, and the financial impact of them may be greater than you think. https://bit.ly/3oN4oI1

Is it worth keeping your mortgage in a divorce?

Should I Keep The Mortgage In Divorce? Mortgage rates are higher than we've seen in decades. Assuming the marital home mortgage could be a viable option for those going through divorce and keeping the home.

Tax breaks you could be eligible for after your divorce.

7 Overlooked Tax Breaks After Divorce That Could Save You Money You could be eligible for some tax breaks once your divorce is finalized. Keep reading to learn about what they are and how they may apply to your situation.