When divorce is on the horizon, some people decide that they're going to hide assets. This is not legal, but they don't care about that. They just want to move assets out of the family's possession so that they do not have to split them with their ex.
October 2018 Archives
When it comes to estate planning, you spend a lot of time pondering what will happen to your assets after you pass. This is important, but it's not the only thing to think about. You also need to consider the fact that you could face a serious illness at some point in the future.
Holidays can serve as an awkward, rewarding or disappointing time while raising a child during divorce. They are times when families get together and bond over the nation’s annual traditions. When it comes to a divorced family, only one parent tends to experience those familial bonds on their few days off from work.
In your mind, asking for a prenuptial agreement before tying the knot is a simple process. However, you also know that your fiance may not agree with your line of thinking.
Property ownership is not always direct. While many traditional homeowners take out a mortgage and eventually buy their homes, there are many alternative models as well. Homeowner associations and condominiums provide individual ownership but with group commitments. A vacation home or timeshare operates in a similar manner. A business owner may own real estate and share the business entity located on that land, or perhaps a partnership or LLC split the responsibility.
Even if you know your marriage is over, asking for a divorce is easier said than done. When it comes time to finally have this conversation, there's a good chance you won't know what to say or how to act.