Prenuptial agreements can play a significant role in shaping the outcome of a divorce. These agreements allow couples to define financial terms and responsibilities before marriage, which can provide clarity during divorce proceedings. Setting financial boundaries A...
Divorce
What are the effects of gray divorce on retirement planning?
Gray divorce, which refers to divorces occurring later in life, can have significant effects on retirement planning. Couples who divorce in their 50s, 60s, or beyond face unique financial challenges that can impact their ability to retire comfortably. Understanding...
Does my ex-spouse get half my military retirement?
When veterans divorce, one of the complicated aspects they face is the division of their military benefits. This is because the courts do not automatically split military pensions 50/50. The actual division depends on several factors. How is military retirement...
Lack of financial planning is a major mistake in divorce
Many people preparing for a divorce overlook the importance of financial planning. This oversight can lead to major financial difficulties and long-term consequences. Fortunately, proper preparation and attention can go a long way. Why lack of financial planning is a...
How can you reduce stress during your divorce?
When you and your spouse decide to divorce, you may want to focus on the future that lies ahead. But the details of the divorce process can quickly become overwhelming. Going through a divorce can be a stressful experience. However, there are steps you can take to...
Common divorce issues in Tennessee
Navigating a divorce under Tennessee law involves several critical issues that can have lasting impacts on both parties involved. Each aspect of the divorce requires careful legal consideration to ensure fairness and compliance with state guidelines. Spousal support...
How are marital assets divided during a divorce?
In the state of Tennessee, when couples decide to end their marriage, they face the task of dividing their assets. However, it is not simply a matter of splitting everything in half. Instead, the goal is to ensure that each spouse receives a fair portion of the...
How to protect your credit during a divorce
Divorce can be emotionally taxing, but it is important to remain vigilant about protecting your financial well-being throughout the process. One area that requires particular attention is your credit. There are several things you can do to safeguard your credit during...
Why divorcing spouses might disagree on the worth of their house
In a divorce, valuing assets can be tricky. This can particularly be true when it comes to divorcing spouses determining the value of their marital home. In Tennessee, this challenge can lead to heated disagreements and prolonged negotiations. Differing perspectives...
How is pet custody determined during a divorce?
Divorce is a challenging process, and when it comes to separating a family, one often overlooked aspect is the fate of a furry companion. According to the American Pet Products Association, 66% of households in the U.S. own a family pet. The question of who gets pet...