Dissolving a marriage is among the most challenging events that people in Ohio and elsewhere may experience. The reality, though, is that about 50% of first marriages end in divorce, with second or third marriages having even higher divorce rates. Fortunately,...
Divorce
Dividing debt in divorce: The choices you make matter
During a divorce, you already know that you’ll have to divide your assets. However, one thing some people overlook is the fact that they may also need to divide certain debts. Debts come in many forms, from mortgages to credit-card bills. How you split these...
Tips to help deal with emotions of divorce
It’s normal to have conflicting emotions when an Ohio marriage comes to an end. On the one hand, it’s natural to feel excited at the thought of finally breaking away from a relationship that has run its course. On the other hand, it’s also natural to...
Many women avoiding divorce due to financial fears
According to research, many women in Ohio and elsewhere decide to stay in unfulfilling marriages due to the desire to remain financially stable. For this reason, many women stay in dysfunctional or unhealthy marriages rather than moving forward with marital...
Financial situation has impact on divorce
Deciding to get divorced in Ohio can understandably be emotionally challenging. Still, the process can also be financially life-altering, particularly when minor children are at the center of the divorce. Here are a few important things to consider to protect...
Monetary mistakes during divorce can have long-term consequences
Experts say that the chance of getting divorced is 39%, which is a drop from the previously cited statistic of almost 50%. However, divorce is still relatively common, and when it does happen, it can be difficult to handle emotionally as well as financially. In Ohio...
2 options for your pension during divorce
Your retirement plan is simple: You’re lucky enough to have a pension plan, and it’s going to pay you enough money to live comfortably. As such, rather than saving for retirement, you have put your earnings into things like paying off the house, paying down your debt...
Divorce proceedings often the result of financial conflict
Money remains the top thing that married couples argue about. For this reason, it may not come as a surprise that conflicts related to money are often a reason why people decide to divorce. Here is a look at a couple of money-related issues in particular that are...
Divorce and dissolution can be complicated on multiple levels
The process of getting divorced can no doubt be overwhelming. On top of balancing the emotions that come with divorce and dissolution, people must navigate the financial aspect of this complex process. However, a few tips may help to make the divorce process easier...
Layoff can make divorce and dissolution more difficult
Ending a marriage is far from an easy process. Experiencing divorce and dissolution while going through a job layoff, though, is even more difficult both financially and emotionally. Fortunately, some tips might help laid-off individuals who are in the process of...