Are you negotiating your divorce? Are you a parent who shares children with your soon-to-be ex? Then it is likely that you are trying to determine the details of financially supporting your children going forward.
Sometimes, a child support arrangement achieved in the past is no longer viable in light of current circumstances. For example, a life event such as a job loss or serious injury may lead to the need to obtain a child support modification.
Divorce is a naturally challenging process due to the emotional and financial factors involved. Making the dissolution of a marriage more complicated is the fact that you and/or your spouse also plan to file for bankruptcy.
You are getting ready to file for divorce, but you have children to consider and have concerns about how parenting time will end up working out. That is okay. Worrying about child custody is certainly normal for any parent in Arizona or elsewhere who is in your exact same shoes.
The thought of getting divorced can understandably be confusing and stressful. After all, during a divorce, you and your spouse are essentially untangling your lives both emotionally and financially. The more strongly your lives intertwine, and the longer they are intertwined, the more difficult the process can be.
The dissolution of a marriage is never an easy process to navigate due to the financial and emotional challenges involved. During the process of divorce, one of the biggest areas of contention involves determining if one spouse should have to pay alimony to the other one.
When you made the final decision to file divorce papers in an Arizona court, you likely understood that you'd be facing several challenges in your near future. Depending on the tone of communication between you and your soon-to-be former spouse, you may or may not have believed that most obstacles would be fairly easy to overcome if you both worked together to come to an amicable end to your marital relationship. If you have children, you may have been especially concerned with issues regarding their futures.
Whether it's the inheritance you get or the one you leave behind to your children, you may find yourself wondering how divorce will affect the inheritance. Passing along your legacy can be an important goal for you and a useful tool for your adult children. Additionally, your parents probably wanted to ensure that you can use the money and assets that they gifted to you, and not your ex.
The end of a marriage may be one of the most stressful and daunting life changes one may ever face. Along with potentially being an emotional rollercoaster, there are numerous aspects involved in the process, such as property division, that can have a significant impact on your financial future.
Does the mention of a prenuptial agreement make you squirm? What you may not realize is that, through statutes, case law and more, the state of Arizona has a written prenuptial agreement already prepared for every couple who gets married. You have the opportunity to tailor that agreement to fit your requirements and protect your interests in your own, unique contract.