When it comes to divorce, communication is critical not just between spouses, but between parents and their children. What parents say to their kids leading up to, during, and after a divorce matters. One conversation that can be particularly impactful for all the parties involved is the announcement of the divorce.
Millennials have been getting married later in life compared to earlier generations. The types of concerns that are common among millennials as they enter marriage are perhaps different than couples who were getting married at younger ages. For one, getting married later in life can mean going into a marriage with more assets. Because of this, asset protection may rank high on the list of concerns for engaged millennials.
If you are a high-asset couple facing divorce, you have probably received a lot of advice from well-meaning people. Many people who have been through a divorce trial will advise others to settle through mediation. After all, compromising on half of everything is better than risking everything. Whether your divorce will finalize in New Jersey or a Pennsylvania county, the courts will expect parties to do everything possible to stay out of litigation. Let's review some circumstances when mediation may not be a better solution than litigation:
Mother's Day can be a wonderful time of year for parents, children and grandchildren. But after a divorce, parent-specific holidays like Mother's Day, Father's Day and even Grandparents' Day can be a source of confusion and frustration. We'll take some time in this blog post to discuss some ways you can make Mother's Day special, no matter what your family's situation may be due to your divorce.
Many young adults with minor children believe executing a Last Will & Testament is not a priority because they are young and healthy. However, we all know that tragedy can strike at any time, and being prepared is your best bet, especially if you have a minor child. A Will can help protect your minor child or children in a few ways.
Taxes don't go away because of divorce, unfortunately. And while neither divorce nor taxes are exactly fun to talk about, there are some important considerations that you should be aware of if you are in the middle of divorce proceedings.