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August 2017 Archives

Dividing debts and assets amid the turmoil of divorce

The end of a marriage does not have to shrouded in divisiveness or cause financial problems for those involved. In the state of Arizona, divorce can definitely be an expensive experience. Fortunately, there is help available and there are certain ways couples can divide money and assets to minimize financial turmoil amid a divorce. As always, complications will arise. However, if couples are willing to work together, they can make wise decisions so that both parties can come through a divorce without financially damaging themselves and their estates.

Protecting children during divorce

When couples decide to end a marriage, things can get messy in a hurry. Just hearing the word divorce can be cringeworthy and may bring about a myriad of emotions for couples in Arizona and across the country. Any divorce is traumatic enough, but when children are caught in the middle of a split, the experience can be life-altering and extremely stressful for both parents and children. Fortunately, there are certain steps that parents can take that may help children through this difficult time.

Cultural acceptance of divorce

Statistics will never tell the whole story, but looking at divorce trends as a whole, it shows that divorce is a constant element in modern life—one that’s gaining more acceptance by the year. Divorce rates famously grew during the 1980s and 1990s, but have dropped in recent years. In 2015, the rate was its lowest in almost 40 years. Figures have remained relatively stable in recent years.

Financial goals, accounts require attention during divorce

The process of getting divorced in Arizona can be just as much of a financial roller coaster as it is an emotional one. This is true whether a couple has been married for a short time or for decades. In either situation, two spouses who are going through divorce have to figure out how to untangle their intertwined lives, and this is never an easy process.

Prenup can help business owners in event of divorce

Business ownership is considered a personal property right. Naturally, when business owners in Arizona get married, they may opt to share their personal property with their new spouses. Unfortunately, this can pose problems if divorce ends up happening. For this reason, signing a prenuptial agreement before the big day can be beneficial.

Divorce may affect golden year plans

Dissolving a marriage in Arizona generally has a huge impact on the majority of couples' retirement planning. In fact, the closer a couple is to retirement, the more drastically their plans may end up veering off course. A couple of tips may help those navigating divorce close to their golden years.

Reppucci & Roeder Attorneys at Law | 5727 N. 7th Street, Ste. 205, Phoenix, Arizona 85014 Phone: (480) 900-5538 Map & Directions
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