Divorces can be amicable or they can be contentious, but no matter which side of the scale yours fall on, it is a good idea to take precautions when it comes to protecting your finances. Separating your financial obligations from your spouse's prior to filing for divorce can make the process less stressful and easier to complete in a timely manner. The following tips are useful pointers for how to start separating your finances in preparation for divorce.
Permanent partners but never plan to marry? Rules of engagement
The holidays are a busy time of year for engagements. Yet despite the countless ads for diamond engagement rings, social scientists say that a growing number of young couples in the U.S. won't be buying one. They're not planning on getting married.
What needs to be in your parenting plan?
If you're going through a divorce, then you know how much your life is changing; you don't need anyone else telling you about it. At the same time, though, you also need resources to help you navigate those changes, and that is why it is important to learn what is out there to find ways to acclimate to your new lifestyle. That means knowing which costs and financial hurdles will be included in your child support calculation. It also means understanding how to go about budgeting for the resources that are not in that calculation, and it means finding a way to co-parent effectively with your ex so that your time with your children is fairly distributed. That is where a parenting plan comes in.
