A prenuptial agreement is a contract entered into by a couple before marriage. The prenup spells out the property rights of one or both of the parties involved. One of the most common situations calling for a prenup in Washington is the second marriage involving children. Why?
Pre-marital agre…
Divorce is never easy but it is especially complicated when you share responsibility for living creatures with your spouse. There are legal guidelines in place to navigate child custody but what about pet custody? Ever increasingly couples share pets instead of children. This presents a difficult…
Many young couples are facing serious difficulties when it comes to entering the housing market. With student debts high and the cost of housing skyrocketing it may come as no surprise that more and more couples are getting assistance from mom and dad to make their first home purchase.
While par…
What is a good amount of spending money for my son in college? That was the question posted to a private university’s Facebook page. Well, my quick, brilliant advice of course was “the amount your kid earns should be his spending money in my humble opinion.”
Well, that was not the desired answ…
Getting a divorce. Work? Kids? Parenting? Owning a business?
If divorce is looming, now is the time to start thinking about money. Divorce can impact your finances for many years to come so get a game plan and follow that plan.
Immediate Costs/Considerations
Each person’s facts are different but here is a list of some immediate financial considerations:…
Major social security changes. Read……http://www.divorcemag.com/blog/major-social-security-changes-hit-divorcees-hard
Stereotypes of spousal maintenance normally have the man paying maintenance to the woman, but in today’s world the income of men and women are much more equal than just a few decades ago. This has lead to numerous challenges about whether or not spousal maintenance is really necessary. And with t…
Any divorce involves financial issues, but the older you get the more complicated the situation becomes. Ideally, both parties come away with enough money to support themselves and divide their assets according the the law. However, if one partner has been taking care of the finances for 30 years…
An emergency situation may make it difficult for someone to pay child support on time for a month, or even two, but when it it happens long enough for tens of thousands of dollars to be owed, the state may take action. They may even arrest the deadbeat parent for non-payment.
The child support e…