There are many financial issues that can arise in connection to a divorce. A couple of fairly common divorce-related financial issues are property division and spousal support. How such issues are ultimately resolved can be very impactful.
There are many important issues that can arise in connection to a divorce. One such issue is property division. How property division issues are ultimately resolved can have significant impacts on the involved parties.
Recently, a divorce case has arisen involving a famous media mogul. The businessman in question is Rupert Murdoch, head of News Corp. This reportedly will be Murdoch's third divorce.
Couples contemplating divorce are often facing one of the most emotionally charged events of their lives. Not only are they dealing with the ending of their marriages, but many couples must also tackle the difficult tasks of property division and child custody. Because of these often complicated issues, many couples are advised to be as amicable as possible when going through a divorce - advice that sometimes causes more harm than good.
Divorces among older couples - otherwise known as "grey" divorces are increasing at a dramatic rate. According to research done by Susan L. Brown and I-Fen Lin at Bowling Green State University's National Center for Family & Marriage Research Center, the divorce rate has doubled from 1990 to 2009 for American couples 50-years-old and older.
As evidenced by several family law specialists, prenuptials are becoming the norm by society's standards. Contrary to popular belief, a prenuptial agreement does not indicate that there is a lack of trust between partners, or an anticipated divorce on the horizon. In fact, you shouldn't even let a premarital request sap the romance out of your proposal. Taking the time to create a plan for property division in the event of divorce is in essence, one of the smartest business plans you'll ever make, and it can help ensure an amicable split should the unforeseeable occur.