There is no doubt that the end of a marriage is a significant time period for all involved. Couples in Missouri who choose to divorce are often left to make significant decisions that could ultimately have a lasting impact. One of the biggest decisions is what will happen to the family home.
When couples in Missouri and across the country walk down the aisle, they likely do so with the intention that they will spend the rest of their lives with the person by their side. However, as life happens and people change, a couple often finds that they are no longer compatible. Though there are likely several factors that impact these numbers, some reports indicate that the divorce rate among people over 50 from the United States has doubled over the last 30 years.
There is no doubt that the end of a marriage is difficult for all parties involved. Even when both spouses in Missouri recognize that seeking a divorce is the best option, it is still often an emotionally difficult transition. Likewise, children are left adjusting to a new normal as a result of the decision. Though this "normal" may be better if they now experience less conflict, it is still a time of transition. Children are, overall, resilient, but parents can still help them through the process with as little impact as possible.
The decision to end a marriage is often a difficult one at which to arrive. However, couples in Missouri and across the country often come to the decision that it is in the best interest of everyone involved -- potentially including children of the relationship -- if each choose to live separately. Once the decision to divorce is made, there are several others that must follow, including how to divide marital assets such as real estate.
For many couples in Missouri, money is an important issue that often impacts their daily lives. The issue of finances becomes even more important for couples who have chosen to divorce. Each person wants to ensure that he or she is treated fairly regarding how money and other assets are distributed. Some family law professionals offer some guidance for these couples.
As January is known as a month in which many couples in Missouri and across the country make the decision to end their marriage, there are likely many parents wondering how to best talk to their children about their decision. For many parents, concerns about how their children will cope with divorce is foremost in their mind once the decision has been made. While parents cannot completely eliminate the concerns and confusion that children will have, there are certain steps that they can take to help their children through the transition.
For many people, New Year's Day is a time of reflection and setting goals for the following year. Many people in Missouri and across the country use it as a time to consider how to have a happier, more fulfilling life in the next year. For some, this includes examining their relationship with their spouse and potentially seeking a divorce.
When two people in Missouri make the decision to get married, they typically do so with the intention of spending the rest of their lives together. Unfortunately, as time passes, the events of life often change a person's personality and character, sometimes meaning the the two spouses are no longer compatible. Even when both people realize and admit that a divorce is the best choice, the process can be emotionally and financially challenging.
When a couple decides to end their marriage, multiple decisions must be made. Often, even those couples in Missouri who are committed to an amicable split find themselves facing lengthy negotiations. For many, those negotiations were expedited by their desire to finalize their divorce before new tax laws go into effect in 2019.
It's that time of year when we all begin to think about the thrilling prospect of income tax returns. However, individuals who have recently divorced are often surprised to discover the impact that their new relationship status has on their tax obligations. Here are three of the most unexpected issues that you may possibly encounter: