Making big decisions under stressful conditions is always a risky practice, and there are very few events more stressful than a divorce. Issues that involve custody, child support and visitation can often take precedence over financial issues, and it is understandable that emotionally-charged decisions like these get priority billing. When it comes to the following financial issues, however, it could pay long-lasting dividends to attend to them now. Read on to find out how to address these major financial moves in a better manner.…
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As the first state tolegalize same sex marriage on May 18, 2004, Massachusetts became a forerunner of what was to come in the next 12 years for the United States. Unfortunately, with the right to get married, same sex couples also have the right to get divorced. While prior to same sex marriages being federally recognized, child custody issues could work out badly for the non-birth parent. With same sex marriages now legal throughout the country, same sex couples are both allowed on a birth certificate, giving both parents equal rights to the children born of the marriage, regardless of who is the biological parent.…
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Some people may not see the necessity of prenuptial agreements (popularly called prenups) because they are convinced that their relationships transcend money. Others also don’t care for the agreements because they think their meager resources don’t warrant prenups. You should know that a prenup is still useful because you don’t know what the future entails, and the agreements aren’t just about preempting monetary disputes. Here are three nonfinancial reasons for having a prenup:…
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