A divorce can have a significant impact on retirement plans. This problem is growing because the rate of divorce for spouses over 50-years-old doubled over the last 20 years, and older divorce even grew for remarried couples.
Financial support of former spouses and the couple's children is an important divorce issue in Louisiana that can have long-term consequences. This can determine whether a family can pay for daily living expenses, education and health care, and whether they can have a reasonable standard of living.
Going through settlement negotiations or litigation and issuance of the divorce decree does not end all the financial and legal issues after the end of a marriage. There are still practical matters that must be addressed following the end of this often long and tedious process.
When a couple in Louisiana decides to end their marriage, it may be the first time they are facing a judge in court. Courtroom behavior can have long-term consequences on child custody, property division and support in a divorce. Litigants should avoid behavior that is almost certain to lead to a bad outcome.
The new federal tax law approved last year has presented uncertainty in Louisiana and across the country. This change has even gone so far as to affect divorce planning.
Not every marriage in Louisiana is meant to last. When this happens, a couple may want to divorce. Louisiana has three grounds for divorce. Understanding this process is important because it also involve other issues such as alimony, property division and child support.
The first working Monday in January is referred to divorce day by family law attorneys in this country because of the high volume of phone calls of married couples considering divorce after the holidays. Spouses who are currently considering the end of their marriage should prepare before speaking with an attorney or going forward with this process.
In Louisiana, divorce proceedings involve numerous decisions over legal matters such as child custody and property division. These matters are often emotional, but should not stop the cold financial calculations that may help protect a family's future and assure that their needs are met.
Couples in Louisiana face many differing perspectives on whether they should end their marriage. There are reasonable arguments on both sides on whether spouses should be one of the couples who divorce, which reportedly occurs every 13 seconds in this country.
Couples sometimes like to step away from divorce proceedings and revaluate whether they should end their marriage. However, Texas law does not make this does break easy for couples to reassess their situation.