Think First: Consider The Ramifications Of Divorce

ramifications of divorce

Divorce can make even the most successful and intelligent people act irrationally. Too many individuals allow emotions to dictate their decision-making process when it comes to issues of marriage and fail to consider all the ramifications of divorce. That was the point Cordell & Cordell Principal Partner Joseph Cordell made

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Can Permanent Alimony Be Modified?

permanent alimony

Question: I am 62 years old and am paying permanent alimony. I am paying nearly $1,500 per month and don’t think I will ever be able to retire. Is there anything I can do to modify or terminate my alimony payments?

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Am I Paying Too Much Child Support?

Money

Question: I recently signed my uncontested divorce decree. I had no attorney and feel I might have agreed to pay too much child support. We have four kids. I have to pay more than $600 supplemental security income to my oldest and an additional $865 in child support. I only

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When Does Child Support Start?

child support

Question: When do I become obligated to pay child support? Answer: While I am not licensed to practice law in your state, I can give some general guidance on this issue. Legally, you are not required to make child support payments to your spouse unless the court orders the payments.

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Sorting Out Inheritances During Divorce

inheritance

Question: My wife is hinting at a divorce and I don’t want to fight her. For the last six years we have been living off her inheritance she received when her father passed away. Most of that is in investment accounts, most of which are in her name only. Additionally,

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The Ongoing Problem Of Spousal Support

spousal support

Spousal support seems destined to remain in a state of perpetual flux. Even the name – alimony/spousal support/spousal maintenance – keeps changing. There are numerous reasons the spousal support system is so complicated – many of them deal with ever-changing gender and marital roles. To understand why the system is

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DadsDivorce LIVE: Financial Planning During Divorce

Kotlikoff

One reason coming to a fair divorce settlement that both parties agree to is that emotion often clouds rational decision making. FairDivorceDecisions.com can’t eliminate the emotional element of divorce, but it can help divorcing couples objectively analyze the financial aspects of the divorce. Laurence Kotlikoff, an economics professor at Boston

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