By Tommy Kellis | Published March 26, 2024 | Posted in Divorce | Tagged Tags: assets, divorce, estate plan, inherit | Comments Off on Why Revisiting Your Estate Plan After a Divorce is Crucial
Divorce is a significant life event that brings about profound changes, not just emotionally and financially, but also legally. Amidst the emotional upheaval and practical adjustments, a crucial aspect that often gets overlooked is revisiting your estate plan. While it may not be the first thing on your mind during a divorce, failing to update Read More
Read MoreFacing a divorce is undoubtedly one of life’s most challenging experiences, and when suspicions arise that your spouse may be concealing assets, the situation can become even more complex. In North Carolina, as in many other states, the equitable distribution of assets is a fundamental aspect of divorce proceedings. However, if one party is hiding Read More
Read MoreGrandparents often play a significant role in the lives of their grandchildren, providing them with additional love, guidance and support. Unfortunately, when parents go through a breakup or divorce, the close relationships between grandparents and grandchildren can be strained or even severed. In such situations, grandparents may wonder if they have any legal rights to Read More
Read MoreChild support plays a pivotal role in ensuring the well-being of children following a divorce or separation. These court-mandated payments provide the necessary financial resources to cover a child’s essential needs, including housing, food, clothing, education and medical care. When a non-custodial parent fails to fulfill their financial obligations, it can create significant challenges for Read More
Read MoreGray divorce, a termed coined for couples over the age of 50 who choose to end their marriage, is on the rise in the United States. The divorce rate for this age group has doubled since 1990, and it is now higher than the divorce rate for couples under the age of 45. There are Read More
Read MoreWho gets custody of minor children is often the most contentious issue in a divorce proceeding. The custody ruling determines where children will reside and who makes important decisions on their behalf. If the divorcing couple cannot agree on a custody arrangement amongst themselves, a family court judge will decide, and a child’s preferences may, Read More
Read MoreGoing through a divorce is stressful enough, but the coronavirus pandemic spreading throughout the United States presents additional complications for spouses who have decided to split. In addition to changes that might need to be made regarding custody and visitation arrangements while travel is restricted, negotiations over property division need to address any new economic Read More
Read MoreThroughout the United States, the COVID-19 pandemic has changed our daily routine in ways that none of us could have ever imagined. Like everyone else, spouses who are already experiencing the turmoil associated with divorce have been forced to deal with additional challenges. Despite the obstacles, it is important to maintain control over what you Read More
Read MoreWith so many American residents stuck at home with their families, prognosticators have predicted that several months down the road, the country could experience a baby boom and a divorce deluge. Unlike a cozy blizzard that keeps you home from work for a few days, a global pandemic that triggers shelter-in-place orders spreading over multiple Read More
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