As someone approaching retirement, the last thing you expected was to be navigating a divorce. Gray divorces, or divorces that take place among Baby Boomers or those married 40 years or longer, are devastating for some. Not only is the relationship ending, but the finances of the couple become a concern.
One of the hardest things about divorcing when you have a young family is figuring out how to make things work for the children. One of the options that is becoming more popular these days is co-parenting.
Divorce is rarely a simple matter, but the more complex a couple's assets, the more opportunities there exist for conflict to arise, especially in the property division portion of the divorce process.
Spouses who are forced to pay alimony, and spouses who have the right to receive alimony tend to view the fairness of alimony in a very different light. This is natural. In a lot of marriages, the spouses don't part on good terms, and the last thing the so-called "moneyed" spouse wants to do is send a check to his or her ex on a monthly basis.
When you and your spouse have worked hard to build up your business, you don't want anything to yank it away from you. If you are married and decide to go through a divorce, there is a chance that you will have to address issues with the business.