doi:urn:uuid:fe50d4db838a2310VgnVCM100000d7c1a8c0RCRDThe divorce rate among boomers has jumped recently and that number is only expected to climb. But what's behind this troubling trend and how can boomers protect themselves and their assets?Casey DowdFox Business...
When a couple gets married, state law provides certain rights and responsibilities–that’s the contract of marriage. When getting divorced, the court system is set up to evaluate those rights and responsibilities as they relate to whatever assets are owned at the time of separation. What did t...
(20%) of the time. This determination of support looks at the resources that the child would have received if the parents had not gotten divorced. This amount of support is then apportioned to the parents. This model is comprised of guidelines that consider the combined income of the parents...
also called aprenup, is a legally binding contract between you and your partner. It outlines what will happen if you get divorced or if one spouse dies. Typically, prenups determine what will happen to both parties’ current or future assets, including property and debt. And contrary...
“Or they may decide that they want to specify and guarantee how certain issues or assets and liabilities will be addressed in the event of a divorce and move forward with a prenuptial agreement, which will require that each party retain their own counsel to help in drafting and executing the...
(usually) the foundation of a marriage, but sometimes life happens and couples grow apart and end up getting divorced. So we better be prepared, think forward and put our wishes for our life together and also for when things get a bit more complicated. That’s basically the reason ...
Narcissistic, hilariously self-deluded, and divorced from the real world as most of us know it, hedge-fund manager Barry Cohen oversees $2.4 billion in assets. Deeply stressed by an SEC investigation and by his three-year-old son’s diagnosis of autism, he flees New York on a Greyhound ...