Divorce is never an easy thing. There are many issues that must be sorted out, both emotional and financial. Those issues are compounded even further if the parties are divorcing later on in life. Individuals who divorce over the age of 50 can face very complicated issues in their divorces, especially when it comes to the division of marital property in Wisconsin.
Divorce can drastically affect an individual's financial circumstances if they fail to take precautionary measures.
Our Milwaukee readers will remember Dwyane Wade's success on the basketball court with Marquette Univeristy. Earlier this month, Wade had success in a court of law and he won his child custody case. Wade was granted sole custody and control of his two sons.
Alimony, or spousal maintenance as it is called in Wisconsin, is one of those concepts of family law that has been around for quite some time. In law in general, and in family law specifically, some of the oldest concepts are the slowest to change. With that in mind, we would like to tell you about a recent alimony case that has made all the way to the Supreme Court of Tennessee.
According to a recent British study, couples reach peak stress levels in their relationship after three years.
Charlie Sheen's two sons have been removed from his home after his ex-wife received a stay-away against him. Sheen's ex-wife, Brooke Mueller, won a restraining order against the father of her children after issuing claims that he had threatened her life. Sheen, known for his recent role on the CBS comedy series "Two and a Half Men," told reporters that he did not know where his sons Bob and Max had been taken after the temporary restraining order was issued.
Social Security is the main source of income for over 70 percent of retirees, many of whom are unmarried as a result of a divorce. Unfortunately, financial advisors rarely focus on how divorce can negatively affect their clients' retirement plans.
Most people understand that marital property is divided in a Wisconsin divorce. However, the other side of that coin includes the division of marital debt. The division of debt can be as important, and in some cases more important, than dividing marital property.
Many recent studies have shown that children of divorce are at an increased risk for mental health problems, as well as having educational and social difficulties. However, other studies have estimated that between 70 and 75 percent of children with divorced parents do not have any significant problems. Why would so many children avoid the problems that other children of divorce have experienced? This question lead to a recent study that evaluated parenting styles of divorced parents.