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November 2012 Archives

Thinking outside the box when making custody agreements

A recent study looked into the child custody arrangements of a group of divorced Australian parents. The findings of the study may not entirely resonate with parents in Massachusetts, but they do offer insight into methods of creating child custody arrangements.

Marc Anthony pays ex-wife alimony and child support monthly

Some divorces result in one spouse paying child support to the parent with primary custody. Other divorce settlements declare that alimony payments will be paid from one spouse to his or her former spouse. Grammy-winning singer Marc Anthony pays his former wife and the mother of his two sons both child support and alimony.

Considering long-term impacts of child custody arrangements

When a couple divorces, their family's daily life will likely undergo dramatic changes. One or both parents may move into a new home and a joint custody arrangement means that the children will split their time between two homes. Adjusting to moving between parents' homes may be stressful for a child.

Think twice before hiding assets during divorce

When a couple works through a divorce, there are likely ill feelings between the spouses. In anticipation of working through property division, child support payments and alimony settlements, a spouse may think that setting aside some money would be a smart way to ensure one leaves the marriage with more assets than one's spouse.

Federal law versus state law in same-sex divorces

The number of states where same-sex marriage is legal continues to grow. As more same-sex couples marry and have children in these states, the number of same-sex divorces will likely also increase. According to one report, a national committee is working to find solutions for legal issues which arise as a result of differences in federal and state same-sex marriage laws.

Cold feet before marriages and divorces

A recent study indicates that when brides or grooms have doubts about getting married, but marry anyway, their marriages end in divorce more often. In particular, the level of doubt (or confidence) of brides in the study was correlated with a future divorce. The study reports that "women who experienced pre-marriage jitters were two-and-a-half times more likely to divorce four years later than women who were confident about getting married."

Baby boomer couples divorce at increasing rates

Issues that arise during a divorce will likely differ depending on a couple's stage of life. Young couples with children likely face challenges coming to a custody agreement and figuring out child support or alimony payments. However, couples who divorce in their 50s, 60s, or 70s may have different concerns when handling a divorce settlement.

Prenuptial agreements: Think before you sign

Prenuptial agreements are often hailed for protecting a person's assets from going to a spouse during a divorce. Professional baseball and football player Deion Sanders can attest for the strength of a prenuptial agreement. He has been going through a messy divorce with his wife, who he was married to for 14 years. Along with child support payments, their prenuptial agreement has been the primary source of disputes.

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