According to a recent news article, Wisconsin legislators introduced a bill setting guidelines for the way divorce courts would deal with divorcing couples facing pet custody battles. Whether it helps or creates even more hearbreak is hard to judge.
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Divorce can be extremely expensive, however, there are ways to keep some of the costs within reason. Thinking with your head instead of your heart is the first step when it comes to financial matters at divorce.
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The taxes you’re required to pay when you’re married may not be the same that you’ll be required to pay when you divorce. Here are some tax tips to consider. And remember, a financial consultant can be your best investment at this time.
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Prenuptial agreements aren’t just about marital assets although the monetary aspects are certainly where most spouses either win big or lose even bigger.
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She is self-employed and struggling financially due to an expensive custody battle in a divorce that has been dragging on for several years. She says her husband is hiding assets which has resulted in her paying him child support. She’s looking for financial aid to pay her bills and her attorney’s fees.
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Deciding who gets what can get pretty heated during divorce. Depending upon how much the two of you are able to work together, there are ways to keep the asset division somewhat simple.
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He supported her through medical school but she has found someone else she’d rather be with and now lives in their marital house with her new boyfriend. He wants her to pay him alimony so he can return to school while she wants him to pay her more money to complete a divorce he doesn’t want.
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“…the IRS wants to collect over $680,000 from me for my ex-husband’s tax avoidance schemes…” excerpt from Elizabeth Cockrel’s story.
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Money may or may not be the root of all evil but it certainly can cause serious problems within a marriage. Is your marriage failing because of financial problems? Do you know what your financial obligations are and what it takes to meet them on a weekly, monthly, and annual basis?
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While stock options aren’t new, they definitely are more “in vogue” among employers to hire the best employees and then to keep them for a period of time until the options become vested (and redeemable). Of course, companies hope that employees will work for them because they enjoy what they’re doing, and that they’re in it for the long term, but it doesn’t always work that way.
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