Marital assets are divided “equitably” during a divorce under Alabama law. Those assets include retirement plans owned by either spouse, and the process can be highly complex for high net worth spouses. Alabama once protected retirement benefits unless a divorcing...
Getting divorced involves making difficult decisions, especially those regarding the custody of your child. Kids usually struggle when only one parent has custody of them, which is why the courts in Alabama always consider joint custody as an option. However, the...
It used to be that divorce was mostly for younger people who have only been married for a few years. But today, the highest divorce rate is highest among people aged 55 to 64 at around 43 percent. While many people who get divorced in middle age are on their second...
A couple who decides to divorce will have a lot on their plate to deal with. Child custody and visitation rights, child support, and alimony are just a few of the challenges they will need to address. Property division can become a serious battleground for spouses,...
There are times when grandparents may want to seek visitation or custody of their grandchildren. In most cases, the courts will hear requests when there is no one else to care for the children, but in a case of divorce, there are two parents still available. For the...
If you share children with your spouse but know that you need to get a divorce, you may have to really think about the financial impact of changing your family's circumstances. You may have to work more in order to maintain the same standard of living you currently...
Should you find yourself coming face to face with the divorce process, a good amount of your energy will turn toward protecting your assets. This is particularly true in the event that you and your soon-to-be ex-spouse have significant assets that have the potential...
Every divorce, regardless of the circumstances, involves a variety of high-level decisions about money and finances. When you decide to file for divorce, you also decide to split your assets and debts. And even if you’re on speaking terms, working through this part of...
When you thought of your perfect life, you may have imagined yourself with a spouse, kids, a nice house and your own business. Over the years, you may have made many aspects of that perfect vision turn into a reality, but you may also have found yourself facing...
When a marriage comes to an end, it is not unusual for the divorcing spouses to have some regrets. Not wanting to add to the heartache between them, many spouses decide to divorce using a more peaceful method of dispute resolution such as mediation. Mediation is often...
