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 to the…
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 most significant…
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 and social…
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 as a…
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 or co-parenting…
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 benefit plan represents…
Schoenberg Family Law Group, P.C., recognizes that family law matters involve complex, sensitive issues that can have a lasting impact on you, your family, your finances and your future.
