Regardless of your financial status when you were married, getting a divorce can present a hardship. The prospect of a lengthy, contentious divorce, going from a two-income household to being the sole source of income and raising young children are just a few of the challenges newly divorced people face, especially women.
Tax day is nearly here, both nationwide and in California. With all the rumors floating around about the alimony deduction, you may be uncertain about whether or not you can still deduct your spousal support payments from your federal income tax.
If you are preparing to divorce, you have probably been given a lot of unsolicited advice from well-meaning friends and family. Most divorced couples have gone through a process which is combative, frustrating, and ultimately emotionally damaging.
Whether or not you consider yourself wealthy, you likely have some personal assets that you’d like to protect if you ever get divorced. Young Americans are waiting longer to get married, which means they are often more financially secure going into the relationship.