Debt is tough. Paying off balances for auto loans and credit cards might already feel like a Herculean task, but things can get a lot more complicated during a divorce. When couples accumulate debt during a marriage, it can be considered marital property to be divided between the two.
Ending a marriage can affect many different aspects of a person's life. From where he or she lives to receiving or paying support, life after divorce can certainly look different. One area that many divorcees would like to stay the same has to do with finances: their credit score. When it comes to protecting a credit score, it is best to be proactive.
Each and every marriage is unique, but many couples find themselves dealing with similar issues in their marriages. In fact, there are several common causes of divorce, including the following.
Looking forward to retirement and being prepared for it are two very different things. Most individuals try to save money for the future, but life has a way of complicating even the most seemingly straightforward endeavors. Divorce is one of those live events that can make retirement preparations more difficult.
"Half of the couples who decide to say 'I do' will ultimately decide to divorce." This statistic is often stated as fact, but it is a little off the mark. In reality, approximately one-third of marriages will end in divorce and, while still a large portion, that is considerably less than fifty percent. This might not be the only family law fact that is different than commonly assumed.
Pet owners have unique bonds with their four-legged friends. They often go to great lengths to make sure that their pets are as happy and healthy as possible, and many even consider them as members of the family. But Alabama family law does not see pets as family members, which can cause a lot of conflict during divorce.
Couples usually do not decide to end their marriages on a whim. Filing for divorce is typically the result of years' worth of problems. Marital and family law problems may look different for everyone, but the underlying reasons for those problems are much more similar than most people realize. Here are two common behaviors that push partners apart from one another and toward divorce.
Just like there is no age limit for falling in love and getting married, there is also no age limit when it comes to divorce. Whether a couple is only a few years into their marriage or have spent decades together, an unhappy marriage is an unhappy marriage. Virtually all divorcing couples in Alabama will have to deal with many of the same issues. These include things like property division and alimony. However, couples who are past the age of 50 will have some unique family law concerns.
Couples have plenty to consider during divorce. From property division to spousal support, it often seems as if there are more and more matters to deal with around every corner. Parents face even more hurdles to finalizing their divorces -- child custody. Here is how child custody is treated under Alabama's family law.
Alabama couples usually spend months planning and coordinating their dream weddings. However, this planning process is usually missing an important family law tool -- the prenuptial agreement. Even if the idea of a prenup seems scary or like something that is only for the very wealthy, most couples could truly benefit from creating this type of agreement.