Wisconsin presumes that a divorcing couple divides all property, besides gifts or inheritance, in as equal a fashion as possible. But what does equal mean when it comes to potential tax gains? As Forbes notes, it pays to focus on the cash implications of property...
Can I update my estate plan if divorcing?
When making the decision to separate from your spouse and to pursue a divorce, one of the last things on your mind may be your estate plan. However, it is important to understand how ending your marriage impacts this part of your life as well. Some aspects of an...
Divorcing late in life? Get the right support for your case
You’re getting older, and you’ve been happy with your life so far. Unfortunately, as you and your spouse have aged, you’ve grown apart. You’d love it if you could be happy together, but after marriage counseling and other steps, you’ve realized that it’s unlikely that...
Be compassionate when telling your spouse you want a divorce
Even if you are the one asking for it, divorce is a tough subject. If your spouse probably does not want to split up -- or even if they do -- bringing up divorce can be hard. To make it go smoothly, it is important to be compassionate when you break the news. This is...
An amicable divorce should be your goal: Save money and time
If you and your spouse aren’t getting along, you may wonder how you can get through a divorce amicably. The reality is that many people do go through divorces without the kind of negativity that you might see on television or hear about from someone who went through a...
Communication with your ex: Phone or email?
A collaborative divorce means that you and the person who will soon be your ex need to know how to communicate. You need to be able to work together. Without this spirit of cooperation, this type of divorce simply doesn’t work. So, when communicating, how should you...
How your conflict style can affect your divorce
Communication is one of the most important elements in any relationship. When it breaks down, often so does the relationship itself, in part because conflict resolution becomes more difficult. A major cause of many divorces is a couple’s inability to effectively...
Do long commutes indirectly affect your marital satisfaction?
It takes a lot to develop a successful marriage. Things like good communication, honesty and respect can go a long way. However, there are many things people might not think of that could create tension between them and their spouse. According to a recent report, the...
Tracking devices and spyware can complicate divorce
Not every spouse moves on from marital separation. In fact, some use spyware to keep tabs on their former partner. In a recent report from NPR, a woman identified as M thought her husband was stalking her. She said he knew where she was going, what time she got there...
Could a QDRO help divorcing couples split their retirement accounts?
Splitting marital assets comes with its own set of challenges. But dividing retirement accounts can be a big hurdle for couples, especially in a volatile market. These accounts make up a substantial portion of a couple’s net worth. And if they don't divide it...
