Spousal Support Is A Legal Obligation
Spousal support during the marriage is the legal obligation that spouses have to provide for each other. In divorce, spousal support is also known as alimony or maintenance. There are three types of spousal support: Temporary, Rehabilitative and Permanent. Temporary support – is usually given to a spouse while the divorce and ancillary matters such […]
What Is A Divorce Financial Analyst?
What is a divorce financial analyst? A divorce financial analyst is a professional trained to analyze financial issues in divorce. Divorce financial analysts can be certified like certified public accountants. They are also called forensic accountants. A divorce financial analyst will help you better understand such financial issues as: What constitutes marital property; How to […]
Separation Agreement
A separation agreement is a contract between spouses determining how they wish to divide marital property, determine custody of children, child support, and alimony. It also determines each party’s rights and obligations to live separate lives from the other spouse. In other words, neither party would create a fault ground for divorce if the separation […]
What Is Mediation?
Mediation is a legal process by which two opposing parties agree to take their dispute to an impartially-trained mediator in an attempt to resolve their disputes without the need for a drawn-out court process. In mediation, each side presents their position to the mediator. There are usually some joint sessions and sessions where each party […]
Divorce Statistics—Everything But The Kitchen Sink…
Statistics on divorce are as varied as there are reasons for getting divorced. One of the basic sources for divorce statistics is the United States Census Bureau. The Census Bureau does not keep yearly statistics; however, their statistics can give you a view for trends in 10-year cycles. For instance, in 1990 there were 2,443,500 […]
What Is A Divorce Settlement?
A settlement is the resolution of a lawsuit or a legal dispute before a lawsuit is filed or tried. Most court cases are resolved through a settlement. A divorce settlement resolves the outstanding issues in a divorce in the same way that it would in any other lawsuit. If the parties submit to voluntary or […]
The Who, What, When And How Of Alimony
Alimony or Maintenance is still a valid element in divorce proceedings today. It is a method of putting the divorcing couples on an equal footing financially and can be considered in an overall property settlement agreement. The availability of alimony is dictated by state statute. In a marriage where both spouses’ earnings are approximately equal […]
Divorce Law
Although the right to a divorce is not a matter of constitutional or legal right, various states permit it in order to benefit the public interest. In order to insure that a divorce is what both parties desire, it is not uncommon in several states for there to be a mandatory waiting period between the […]