The divorce process can create many new challenges for you that you may have not experienced before. As a result, you may struggle to cope with the process on a mental and emotional level. According to the Centers for Disease Control and Prevention, approximately 4.7...
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5 things to consider when dividing property in Connecticut
A divorce is an overwhelming process, especially when you and your spouse share significant assets. Understanding how property division works in Connecticut can help you plan and reduce worry. Here are five things to consider when dividing your property. 1. You can...
The financial impact of divorce on women over 50
When you split from your Connecticut spouse later in life, you may have unique, age-related financial concerns that younger people navigating divorce may not. For example, you may feel especially worried about having enough money set aside to retire comfortably and...
In divorce, disputes over valuable collections can get ugly
In the average divorce, the division of assets process focuses mainly on things like the family home, bank accounts, retirement savings and credit card debt. Legally, personal possessions like clothing, furniture and record collections are called "chattels." Whichever...
Could you benefit from having a divorce financial advisor?
When you and your Connecticut spouse make the decision to split, you are going to have to figure out how to divide the assets you currently share. You are also going to have to pay off any debts you may share together so that each of you may start fresh with a clean...
What is the best interest standard?
Child custody matters can bring out a lot of emotion. In some situations, parents will use their children as a bargaining tool or try to use them to punish the other parent. Things can easily get out of hand, with parents only thinking of their needs. To ensure that...
What is nonadversarial divorce?
If you wish to divorce quickly without drawing out the process, then you may want to consider a nonadversarial divorce. The Connecticut Judicial Branch explains this type of divorce process involves completing the process much more quickly than going through the...
5 steps to help you prepare your finances before your divorce
When you are going through a divorce, you should have a thorough understanding of your financial situation. There are steps you can take that help you protect your assets as you pursue a fair outcome for your divorce. 1. Review your expenses You should examine your...
How does property division work?
When you decide to divorce your spouse, you will need to start thinking about dividing everything you own. The court will expect a detailed account of how you are splitting your assets. The idea of dividing up your stuff can be daunting, but you do have guidelines...
4 assets that you should consider in a high net worth divorce
If you and your spouse are heading for a high net worth divorce in Connecticut or New York, you might be feeling overwhelmed by figuring out which of your assets are divisible property. Connecticut and New York are both equitable distribution states, which means that...
