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Divorce Archives

Is my trust fund safe from divorce?

A trust fund can be part of a legacy from one generation to the next. When your loved ones name you as a beneficiary of a trust, they hope that you can benefit from their careful planning. Estate and financial planning professionals frequently advise that a trust represents a good way to protect assets from the claims of creditors as well as a way to keep assets safe from the claims of potential future spouses.

Children suffer the trauma of a split between their parents as well

Ending your relationship with your partner is likely one of the most emotionally challenging processes of your life. You probably hoped for the best and devoted yourself to creating a fulfilling future with your partner. Now, you wonder what kind of lifestyle you will have, how much time you can spend with your children and whether you will be able to remain in your home.

How can you protect your financial interests during divorce?

Many of the decisions you and your spouse must make as you dissolve your marriage involve finances. Like, how you will divide real estate or investment accounts. If there's a need for monetary support arrangements, there will be pressures on each side: what can the primary breadwinner afford to pay and still be able to live. Conversely the dependent spouse worries about how much is needed and how to make ends meet.

Quarantine can present unique challenges to divorce

By the time you decide to dissolve your marriage, you may want to get through the divorce process as quickly as possible. Although considerations such as determining the extent of your marital property, establishing child support arrangements and reaching a favorable settlement can take time, the present health crisis could complicate matters.

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