Here’s something that should not come as news to anyone going through the process: divorce can be expensive. When a couple decides to end their marriage, it is almost always for personal reasons but these emotional issues can quickly change into fights over money. The result can be financial destruction…
As we’ve discussed on the blog before, divorce does not only affect the young. Instead, the trend of baby boomers splitting continues to increase with about one in every four divorces happening with people over the age of 50. Divorce at this age presents challenged not likely to be encountered…
The same-sex marriage controversy in North Carolina deepened after it was recently announced that the American Civil Liberties Union (ACLU) filed suit against the state to overturn their laws that prevent gay and lesbian couples from adopting their partners’ children. The lawsuit was filed on behalf of six couples from…
Family law judges in North Carolina apply the divorce concept of equitable distribution when it comes time to divide the property and debts between a divorcing couple. This means that the marital estate, assets and debts, are to be divided in an equitable manner. This means that the division of…
Many celebrity marriages are over in the blink of an eye. What can average Joes like us learn from the divorce mistakes of the rich and famous? Plenty. Though we might not have their money or fame, we can still learn lessons from their trials and tribulations: • Get a…
When North Carolina couples are confronted with the possibility of divorce once the emotional pain subsides, many begin to think about their financial wellbeing. There are some things you can do to help ensure that your assets are protected as divorce looms. Lynette Khalfani-Cox, a financial expert with AARP, gives…
As you prepare to go through the sometimes tumultuous process of divorce it’s a good idea to make sure your soon-to-be ex isn’t snooping on some of your most private information. There are important reasons why you should avoid sharing your new life with your spouse. Some suggestions you might…
Facebook recently received tons of attention thanks to its disappointing IPO. Its’ now in the news for a different and surprising reason, a survey that revealed that in 2011 one-third of all divorce filing contained the word “Facebook.” The Wall Street Journal mentioned the shocking statistic and highlighted the news…
We’ve all read the articles about North Carolina voters’ decision to approve the constitutional amendment banning gay marriage. The issue is very controversial and has generated nationwide attention. But what about gay divorce? Like any other relationships, gay marriages can sometimes go bad. And, although gay marriage is not recognized…
According to a recent article in the New York Times, divorce couples face a tricky issue that they may never have expected when beginning the process of separating from their significant other: grandparents. Most parents want them involved in their children’s lives but it can be complicated given hurt feelings…