Divorce does not make a direct impact on your credit score. But it can do so when you’re an authorized user or a joint account holder.
A family business may not only represent an extensive investment of both money and time, but it may also be the primary source of income for a couple, and multiple other family members may also be involved in the business.
Your financial future depends on good credit scores and clean credit reports with no derogatory items. In this article, I review the steps and offer some tips for handling your credit reports, joint credit cards, and other debts, so your credit will be protected before, during, and after divorce.
While often thought of as a negative signal to the other person and a risk factor for divorce, the advantage of a prenuptial agreement is that it can protect a couple with unequal assets or if one person feels insecure about finances.
Deciding how to handle child-related costs and expenses can be one of the most complicated–and contentious–parts of a divorce settlement.
Co-owning a home together after divorce will not resolve your marital problems; in fact, it could actually exacerbate them.
If you’re divorcing in the U.S. and have a child under 18, you are more than likely going to pay or receive child support going forward. Will it be based on the income shares model?
If you are getting divorced, your marital property, including your home, will need to be divided between you and your spouse.
If you suspect your spouse is hiding assets or concealing income, you should take steps to contact a legal professional to get further advice.
Should you prioritize paying for your children’s college education over saving for retirement?