Divorce can be a stressful, emotional time, where you’re juggling a great many balls. In this situation, things slip through the cracks and financial mistakes are made.
How Student Loan Debt Impacts Divorce
Money problems ruin at least as many marriages as infidelity, probably more. Financial strain is a huge source of stress for many people, both individuals, and couples. One major area where we feel the pinch is with student loan debt. A recent study uncovers the major impact it has on …
Crowdfunding Your Divorce
Divorce is usually a private matter. Sure, your friends and family know what you’re going through. But most people don’t broadcast that news to the general public. As social media has become a ubiquitous part of modern life, that has changed. The rise of crowdfunding also changed our lives. It …
How Are Social Security Benefits Divided In A Divorce?
Over the course of a marriage, two lives become inexorably entwined. Divorce is the process of untangling them. A relatively straightforward feat in shorter unions, the longer you and your spouse stay together, the messier things get. How Is Social Security Affected By Divorce? For marriages over ten years, one …
What is Child Support Modification?
Once in place, it’s difficult to modify child support orders. That’s not to say it’s impossible, but it isn’t an easy road.
The Cost Of Divorce: What You Should Know
Ending a marriage can be an expensive proposition even when uncontested. Here are the costs of divorce you should be on the lookout for.
How is Property Divided In Oregon During Divorce?
As opposed to community property states, where all property acquired during marriage belongs equally to both spouses, equitable distribution views the property as belonging to the individual spouse who earned it.
How is Debt Divided In Divorce In Oregon?
No matter the name on the title, credit card, mortgage, auto financing, or business loan, Oregon presumes both spouses acquired a debt.
UPDATED: Spousal Support In Oregon
UPDATE: The sweeping new tax plan Congress passed at the end of 2017 will impact almost everyone. This includes changes to divorce settlements, specifically those involving spousal support. Beginning January 1, 2019, on new court orders that include spousal support provisions, the party paying spousal support will no longer be …
Criminalizing Poverty: Unable To Pay Child Support
In the media, we hear a great deal about the problems dads who lose their jobs face. Many become stuck in situations where they can no longer afford to make child support payments. They’re often labeled “deadbeat dads.” After months of failing to pay, the courts may find these fathers …
Tax Plan, Divorce & Spousal Support
“In this world nothing is certain, except death and taxes.” So goes the familiar saying often attributed to Benjamin Franklin. With that in mind, we want to remind you of the tax changes and their potential to impact divorce, specifically spousal support. While we knew it was coming, it didn’t …
My Ex Refuses to Pay Her Share
After divorce, child support is often one of the biggest continuing expenses many fathers face. These court-ordered payments provide for the needs of your kids. In many cases, one parent pays a certain percentage, while the other covers the rest. But what if your ex won’t pay her share? Rick …
Can My Ex Come After My New Spouse’s Income?
Child support tends to get tricky. There’s a formula involved, but it accounts for many factors. Of course, the income of both parents, as well as level of need, figure prominently into the final amount. Like most court orders, once in place, child support is difficult to modify, though it …
Who Gets The Engagement Ring?
The old saying goes, possession is nine-tenths of the law. That’s not exactly a legally binding statute, but the underlying idea often plays a role. One situation we see frequently involves engagement rings. One of our founding partners, Rick Jones, makes regular appearances on the Danny Bonaduce and Sarah Morning …
How Major Purchases Impact Divorce
Divorce comes with any number of expenses. You have court costs, filing fees, an attorney to pay, and even a change in tax status. Those are the obvious ones, but there are others. In many cases, you need to find a new place to live. Perhaps your custody arrangement necessitates …
Prenuptial Agreements: Not Just For The Rich
We see it all the time on the news and the covers of the trashy gossip magazines we pretend we don’t read waiting in line at the grocery store. Some celebrity power couple is finally tying the knot! It’s about time. But don’t worry, they’re being smart and have an …
UPDATED: Spousal Support Modification: New Changes
This post has been updated. In the wake of divorce, you face many expenses. Ending your marriage may be the absolute right choice, but it rarely comes easy or cheap. One of the biggest continuing costs many men encounter is spousal support. Like many court orders, once in place, these …
Divorce When You Have A Business
The courts view your business as a divisable asset, and that’s what the court looks at. If you start a business while married, it will likely be considered marital property. That said, you’re not completely without ways to cover yourself. If you started the business before you were married, it would be treated as separate property. But if you invest joint funds, commingle marital and business assets or your spouse invests sweat equity it will muddy the waters.
8 Common Child Support Questions Answered
For those of us who are parents, our children are the most important part of our lives. We do just about anything to keep them safe and put their well-being ahead of our own. When it comes to divorce, both parents remain responsible for sustaining any children, and part of …