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Divorce is an emotionally and financially taxing process that requires careful consideration of various influences, including the division of a couple’s debts. Just as assets are divided between both parties, so are the debts incurred during the marriage....
Once you’ve made the decision to divorce, one of the first steps you need to take is to establish some new boundaries with your spouse – particularly where it concerns your privacy. It may feel awkward, at first, but separating your life from your spouse’s is what...
Divorces between older adults who have been married for years are more common now than they were a few decades ago. Decreasing social stigma, longer life expectancies and different requirements from marriage are all reasons that so-called gray divorces involving those...
Investing in real property can be a savvy move. Yet, it can lead to tension when it is co-owned and the co-owners have a falling out. For example, for many couples, real estate holdings are the most valuable property that they may need to divide if/when they divorce....
When you and your spouse are trying to divide up the marital assets and debts, the first thing you should probably do is make an inventory of them all. That way, not only is there full transparency between you, but it’s easier to get a clear picture of your financial...
Divorce is a complicated process, and child custody disputes are not uncommon. In fact, they are one of the most common sources of conflict between divorcing couples. Most people think that to settle child custody matters, they have to go through the courts and fight;...
With the exception of buying a home, buying a vehicle is one of the biggest purchases people make. Many adults finance their vehicles because they need transportation now and don't have enough money in savings to buy a high-quality vehicle outright. Financed vehicles...
A divorce is a challenging experience under any circumstances, but certain assets and situations can make divorce much more complicated. For example, owning a business might very well make a divorce far more of a challenge. Those preparing for the end of their...
Divorce can be challenging for anybody, but business owners face a range of concerns that can be especially complex. These are some of the common concerns business owners may encounter during the divorce process. The method of business valuation Determining the value...
There are many ways that adults in West Virginia may become business owners. Sometimes, they start a professional practice after finishing a graduate degree. Other times, they might inherit an already operational company from a family member who is ready to retire or...