Benjamin Franklin is usually credited with being the first to note that death and taxes are the only things certain in life. A cynic might add divorce to the equation, though the most often cited statistics indicate that just about half of all marriages result in divorce. While an Arizona divorce may not be a foregone conclusion, what is certain is that it will trigger some tax ramifications. Those negotiating a final settlement of their marital dissolution would do well to consider the potential impact on tax obligations going forward.
We often hear about contracts signed between two people preparing to get married in Arizona. Called prenuptial agreements, these contracts envision what is to happen in the event the parties later decide to divorce. And with some estimates indicating that just about half of all marriages end in divorce, the notion of a prenuptial agreement has become more commonplace in our society.
Men drink more alcohol than women, which is perhaps not all that startling a statistic. But a recent study compared the alcohol use of men and women during marriage and after divorce. One conclusion is that men drink less when they are married while women drink more than their single counterparts.
The decision to divorce in Arizona and elsewhere is often a painstaking one made over months, if not years. While the absence of minor children might make it easier, even in those circumstances it takes most people a good while to be certain of what it is that they wish to do. Kim Kardashian raised eyebrows last year when she decided to divorce NBA star Kris Humphries after a marriage of a little more than two months. For entirely different reasons, reality TV star Evelyn Lozada quickly decided to call it quits with NFL star Chad Johnson (formerly known as Chad Ochocinco) after only 41 days.
We have spent a fair amount of time on this blog focusing on the issues presented for an Arizona couple contemplating divorce. While there are financial and emotional considerations that permeate the process, one obvious result of a divorce is being free to pursue other relationships and perhaps even another marriage. Occasionally, a couple that was previously divorced decides to tie the knot all over again, and that may give rise to additional legal considerations. It was recently reported that a couple who divorced some 48 years ago have decided to try all over again, to the delight of their three remaining adult “kids.”
When Arizona spouses begin divorce proceedings, there is a seemingly endless list of topics which must be negotiated. Even when the divorce is not contested and both parties work together to reach a mutually agreeable end to their marriage, it is still important to ensure that all details are ironed out before the divorce is finalized. One issue that is often overlooked is term life insurance.
While it is always better to try and save your marriage before it ends, not everyone is able to accomplish that. There are a variety of reasons that some Arizona couples will choose to end their marriage in divorce. Nonetheless, for anyone that is considering divorce, they would do well to know a few of the most common fallacies about the practice.
Anytime a marriage is dissolved, there is simply more at stake than who gets the house, the car or the family pet. Divorce is a family affair, having as much or sometimes more of an effect on the children than on the parents. Arizona parents that are considering filing for divorce should take special note of child custody conditions with special attention to the age of any children.
Baby boomers have always seemed to march to their own drummer and that often-cited point appears to have been proved again, this time on the subject of divorce. At a time when marital dissolutions in Arizona and across the country appear to have leveled off, the over-50 crowd is confronting divorce on record levels. Over 20 years ago in 1990, just one in 10 couples over the age of 50 chose divorce. As recently as 2009, that figure was one in four couples.
Reality television has covered just about every facet of human relationships, including bachelors and bachelorettes seeking spouses in a season-long pursuit for a final red rose. Now another reality TV idea has surfaced, floated by an international entrepreneur. While it has not yet hit Arizona, the idea of a divorce hotel is certainly gathering publicity all across America as well as other countries.