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How to Deal with Joint Debts and Loans in a High-Net-Worth Divorce

The divorce process may be more manageable for average couples, assuming there are fewer assets and debts to split between parties. However, high-net-worth divorces often involve dividing many valuable assets, joint debts, and loans. If you encounter this type of divorce, it’s essential to understand the unique considerations of your situation. Due
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Can Marriage Survive an Empty Nest?

Midlife is full of changes and challenges. There are physical and hormonal shifts, financial pressures like college tuition payments, aging parents who may soon need care. People start looking ahead to retirement, thinking about what the future holds. They may feel aware of their mortality for the first time. But perhaps the
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How Divorce Impacts Friendships

Divorce is painful. Of course, it’s most challenging for the couple and children going through it, and it’s essential to stay focused on your family in this difficult time. But it’s also good to be prepared for the ripple effect a split can have and how it may affect your post-divorce relationships
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How to Avoid the Financial Pitfalls in Your Divorce

Getting your finances in order is an integral part of the divorce process, as legal fees for a divorce can accumulate quickly, and the total expense is not always predictable. Unfortunately, many people fail to comprehend the potential financial consequences of a divorce until it is too late and are not prepared
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Can Divorce Make You a Better Parent?

Ending a marriage is one of the hardest things you can go through. If you have children, there are additional layers of worry— does your split mean you’ve failed as parents? Irreparably harmed your kids? You may be afraid that you won’t know how to go it alone and manage single parenthood
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If You’re Divorcing Do You Need a Qualified Domestic Relations Order (QDRO)?

You and your spouse may have participated in a retirement plan during your marriage. Retirement plans include but are not limited to defined benefit plans such as pensions and defined contribution plans such as 401(k)s and Individual Retirement Accounts. Unlike a house or shares of stock, both of which can be readily valued and liquidated, a defined
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Covid Vaccinations for Kids: When Divorced Parents Disagree

Late last month, NBC Today reported that “More and more co-parents are going to court over COVID-19 vaccines for children.” Even in some intact marriages, Covid has exposed and exacerbated ideological differences between spouses, but these conflicts can be especially complicated for divorced parents with children. Covid-19 has raised new issues in
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How Natural Disasters Can Impact Divorce

As we approach the final weeks of 2021, Californians are all too familiar with the risk of wildfires during this time of year. CAL FIRE reports our state’s ongoing series of wildfires have burned more than 3 million acres across the state in the past 11 months. The destruction of lives and
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The Pandemic’s Impact on Marriage and Divorce

Over the last 18 months, we’ve all been through cycles of feeling exhausted and raw, stressed and scared, grieving and just trying to get through each day. And that affects our marriages and families. If your marriage has struggled or fallen apart during this challenging time, you’re not alone, and you may
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