Divorce can be a challenging journey, especially when sorting out finances. Many people do not know what the law requires, so having a legal advocate guide you through the divorce process is essential. Tax returns are an issue that can quickly become complex....
Divorce
3 ways your divorce can affect your life insurance
When you’re getting a divorce, there are a lot of different financial considerations that you have to make, and issues can crop up in unexpected areas. Consider, for example, your life insurance policies. Any significant life event – and divorce, in particular –...
How can financial differences lead to divorce?
When you marry, you cede some of the control of your financial situation to your spouse, and misspending on their part can leave you both struggling financially. Or, at the very least, it can leave you financially worse off than you feel you should be. Incongruencies...
Mediation pitfalls to avoid
Mediation is a powerful tool for conflict resolution used in many legal areas, including family law. The process of mediation usually involves the parties and a third-party mediator. However, sometimes the parties choose to bring their attorneys with them, though the...
Divorce’s mental health impact
Divorce is a life-changing time, particularly for those who suffer from mental health issues. For those who suffer from depression and anxiety issues, the end of a marriage is particularly devastating and complex to process. The stress of divorce can intensify mental...
What if your spouse won’t agree to a divorce?
By the time it becomes clear that a marriage is broken, both spouses are usually more or less able to accept the inevitable and work together to end their marriage. What if your spouse is unwilling to acknowledge the reality of your situation? Can they simply refuse...
Is it possible to run a business with one’s former spouse post-divorce?
Married adults in Wisconsin who are considering divorce may be experiencing numerous personal circumstances that deter them from taking legal action to end their marriage. Oftentimes, there are economic or financial considerations that influence whether someone feels...
Negotiating your child’s college education in your divorce
Regardless of how old they are at the time of your divorce, one of the most important things you need to keep in mind is their post-secondary education. The average cost of college in the United States right now is $36,436 per year, including a student’s living...
What financial issues can high wage earners expect in a divorce?
Some say getting a divorce when you have wealth or earn a high income is much simpler than divorces involving minimal assets. Yes, there may be enough money for everyone, but high-asset divorces can still be complicated. Knowing what issues could complicate or prolong...
People may double dip when dividing a business during divorce
Divorcing couples in Wisconsin have a lot to consider. For example, the process of inventorying assets and quantifying marital debts can take days or even weeks to complete. Bigger assets generally require more careful attention than smaller assets. For example,...