Seemingly, there is nothing quite like a divorce to alter the perceptions of many women regarding money management during marriage.
A recent Bloomberg article visiting that topic and related matters employs the work “stark” to describe the difference in attitudes toward financial decision making between married and divorced women.
While fifty years ago less than 2.8 percent of Americans over age 50 were divorced, today more than 15 percent are. Even just since 1990 the divorce rate for adults ages 50 plus doubled and it nearly tripled for those ages 65 and older. However, the divorce rate is not equally divided and impacts certain demographics at a higher rate.
The instability of remarriages
As a parent, you would do anything for your child. During your marriage, you and your wife or husband worked diligently to not only raise them the right way, but to make sure that the relationship you shared with your significant other was in the best shape that it could possibly be in.
When you and your spouse decide it is time for a divorce, your thoughts will be with your child. How will you handle this new life, one without your significant other? How will your child adjust to this new post-divorce world? And what legal issues could arise in the years that follow your actual divorce?
For discussion purposes, the end of the partially composed sentence in today's above blog headline is … "some do."
And for such couples (whether situated in Massachusetts or elsewhere), that painting will definitely be spotlighted in the event of a looming divorce.
Some Massachusetts divorces are like pulling teeth, with splitting-up spouses battling at virtually every turn and juncture. Even some of those decouplings can feature common ground and civility on select points, though.
Take children, for instance. Except in flat-out hopeless cases, even the most battle-ready and aggressive impending exes can take a breath and acknowledge that, despite differences, they can work together to promote their kids' best interests.
That above-posed query in today's blog headline is not a loaded question, so trust your instincts.
To wit: There won't be many inside analysts or subject-matter commentators bracing to argue against a response that, yes, domestic violence is predominantly an issue for women dealing with male abusers.
Perhaps you're a divorced Massachusetts parent that wants to move outside the state with your children. Things seem better elsewhere. Maybe you just received an attractive job offer with increased pay. Or perhaps it's the case that a move will place your kids closer to loving grandparents or secure their placement in a better school.
Conversely, you might well have different views concerning out-of-state relocation if you a parent currently living near your children and well satisfied with an existing visitation schedule. And maybe you have various good-faith grounds for opposing an ex-spouse's relocation afar with the kids.
As couples with children start going through a divorce, most of the time they want nothing more than to focus on the children and make them the top priority. That can feel easier said than done when working with an ex-spouse.
As you and your ex start working on a shared custody plan, it’s important to establish exactly what custody you will share and how you will continue working together to be good parents to your children.
If you visit a seasoned family law attorney prior to marriage with the terms "separate" and "marital" on your mind, that lawyer is going to know exactly what you are concerned about.
In a word: property.
Many people likely think of estate planning professionals when they hear the words "asset protection." And, of course, safeguarding wealth is a core concern of estate administration practitioners focused upon promoting their clients' best financial interests.
A recent article on marital assets reveals a darker underbelly of the industry, though. That is a realm participated in by a select group of individuals and firms that promote the game of "now you see it, now you don't."
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