The end of a marriage can be a wrenching emotional experience, but the process of divorce itself is largely concerned with money. The biggest, most time-consuming and technically challenging part of many divorces is figuring out how to divide the marital property.
One of the most important issues in a Louisiana dissolution is whether the court will require one spouse to pay support - usually called alimony - to the other spouse. The answer to the question depends upon a number of factors, most of which are spelled out in Louisiana statutes.
Retirement can last for up to a third of your life, so it takes substantial savings to ensure a decent quality of life during those golden years. Most Americans begin saving for their retirement in their 20s or 30s.
Louisiana law requires divorcing parents with minor children to prepare a parenting plan and obtain court approval of the plan before the judgment of divorce can be entered. If the parties fail to submit a joint parenting plan or if the plan submitted by the parties is inadequate, the court will devise its own plan based upon the best interests of the child.