if one spouse expects a large bonus or equity distribution in the current year, it might benefit both parties to stay married through December 31stto file Married Filing Jointly to enjoy a lower tax bracket. Or deferring retirement for a year or two might enable the non-employee spouse to b...
A legal separation is a court-ordered arrangement whereby a married couple lives apart, leading separate lives.
Your spouse can name you as the beneficiary of the spousal IRA. But once you start contributing to the account, the money is your spouse’s. This becomes important if you separate or divorce in the future. A spousal IRA remains intact even if the spouse without earned income starts to rec...
If you and your spouse have decided that your relationship is irreparable, you have a few options for going your separate ways. Filing for divorce tends to be most common, but some couples choose to take the route of legal separation instead—this is a binding, legal contract that is just...
you should not break apart what He put together. In that case, just as He led you to become man and wife, He would have to lead you to divorce. In either case, if the Holy Spirit leads you to separate from your spouse, it isHisprerogative to make that decision, for He is Lord ...
Kara Stevens, founder of personal finance and lifestyle blogThe Frugal Feminista, says she and her spouse also don't use credit cards often and the two keep separate credit cards. But they've always been very open about money (Stevens hadrefused to marryher spouse until he paid off his $...
Divorce isn't just about splitting assets. When it comes time to go your separate ways, someone has to take responsibility for your debt.
Divorce or Separation: When a child’s parents divorce or separate, grandparents may step in to provide stability and maintain family connections. Death of a Parent: The surviving parent may limit or cut off contact with the deceased parent’s extended family. Child Welfare Concerns: If there ...
Every state is different, so make sure that you’re aware of what you need to do to keep your babies with you. 5. Get a separate bank accountIf the two of you are sharing a bank account, it’s time to change that. Having a separate account will give you more control over your ...
From your spouse’s past marriageYesNoYes You may have to hunt for each child’s information, which is no fun even if your spouse helps. Hang in there. You can do this. You’ll need: Full name and birthdate Social Security card and birth certificate ...