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Posts tagged "Divorce"

Potential pitfalls for divorce over 50

Studies show that one in four couples will end their marriage after the age of 50. Compare that to twenty years ago when one in 10 couples with a spouse over the age of 50 divorced. Some experts agree that with the surge in late-in-life break-ups, so-called gray divorces have become like an epidemic. In California, people are living longer and have more opportunities to grow apart. Studies show that social customs have changed, and there are fewer stigmas about divorce and living life as a single person. 

Social media may impact divorce outcome

When going through a marital separation in California, spouses may feel tempted to go to social media to vent. However, sharing too much can be a problem -- not just personally but also legally. A few tips may help those going through divorce to avoid harming themselves in the long run when using social media.

The main reasons for divorce

Within the first five years of marriage, statistics suggest that 22 percent of couples separate, get divorced or one party dies. The Centers for Disease Control and Prevention says that that this marital disruption increases to 53 percent for couples who have been married for 20 years. In California and elsewhere, the ability of a couple to compromise and relate to each other goes a long ways in determining whether the marriage will end in divorce. 

Divorce over 50 and retirement

The number of couples over 50 who have decided to end their marriages has seen a steady increase since 1990. Studies show that since 1960 the over-50 divorce rate has increased 700%. Other countries have also reported a surge in 30-plus year marriages failing. In California, and in other states, the initiator of the divorce is usually the wife.

Divorce and co-parenting

The end of a marriage can have adverse effects on all involved, especially the children. Studies have shown that a family's transition can have a negative bearing on children both academically and behaviorally. In California, experts agree that the difficulties of divorce are most experienced by children. Taking steps to prepare them can be a win-win for all family members.

How divorce will change your tax status

People experience many changes in their lives over the years. A change in marital status can sometimes be the one with the biggest impact on a California resident's life. When a couple decide to divorce it can have an effect on the tax returns of both parties for many years to come.

Can spousal support be altered after a change in employment?

At one time, certain professions were considered to be a job for life. These days, the employment market is such that California residents could face changes in their circumstances at almost any time. If a change in circumstances comes to an individual who is paying spousal support, can he or she apply to have the amount adjusted?

The warning signs that trouble lies ahead in divorce

It is never easy to discuss relationship problems. Broaching the subject of divorce can be a minefield for California residents, especially when children form part of the equation. There are some signs that may point to the likelihood of particular difficulties in talking to one's spouse about such matters.

Spousal support: How does it work?

Relationships can be difficult and even painful, especially when they come to an end. Some California residents who are facing divorce know only too well that discussions about money can quickly turn into full-blown arguments. Spousal support is something that often creates tension during divorce.

Avoiding tax problems with retirement accounts during divorce

One of the Founding Fathers of our country once said that two things are certain: death and taxes. Every California adult will have had dealings with the IRS at one time or another and will be familiar with how complex tax issues can be. When it comes to divorce, unfortunately, they are no less so.

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