Arizona residents might be interested in a recent article discussing some of the common mistakes that some couples make when negotiating property division. Many people have a specific goal in mind, like keeping the house or maintaining ownership of items of sentimental value. However, the article suggests that some individuals, especially those over the age of 50, should focus divorce negotiations on retirement accounts.

Many people find the throes of divorce a particularly difficult place to be in, especially if you have children. That’s because you not only worry about your own well-being but you may be constantly wondering how a separation will affect your child as well.

As some of our Arizona readers know from doing their own research, there is a lot of literature on the Internet about the effect divorce can have on a child’s mental health. A change in family structure and emotional stresses can change how a child interacts with other people and can even affect how they behave as well. But what about their physical health? Is this something parents should also consider when it comes to divorce?

Arizona residents dealing with divorce issues may be interested in the importance of settlement language in a high-profile case. A judge has ruled that the former wife of Frank McCourt must pay his legal fees of nearly $2 million related to her contesting the couple’s 2012 divorce settlement. The former owner of the Dodgers sold the team for $2 billion in the same year that the divorce was finalized. Jamie McCourt later contested the settlement based on the claim that her ex-husband undervalued the team at the time of their divorce.

As some of our Phoenix readers already know, on top of performing her duties as a state representative, Rep. Michelle Ugenti is also trying to make her way through the twists and turns of divorce as well. But while some things are not in dispute, such as the custody of her three children with her soon-to-be ex-husband, this is one thing that is up for debate: why is the marriage considered irretrievably broken?

When it comes to a high-asset divorce, one of the most problematic parts of the process is property division. This is especially true if the couple owns a family business or if one spouse married into the business. That’s because, if the couple decides to separate, the worth of the business must also be separated, which can be tricky depending on when the business was started and how much the business has appreciated.

When most people think of the word ‘divorce’ they often think about lengthy litigation and a lot of arguing. And while this might be true in a lot of cases that have been shared on the Internet, some people have found a way to dissolve their marriages without all of the negatives. In these cases, people are actually finding an amicable way to divorce.

As some of our Maricopa County readers may have already realized, we’re talking about divorce mediation. Unlike in a typical divorce, mediation uses a third-party mediator that helps facilitate communication between spouses in order to come to an acceptable agreement. Whether court-referred or agreed to voluntarily, mediation usually does not hold the same blind-sided shock value that a typical divorce may have, meaning less hurt feelings and perhaps less frustration as well.

In last week’s blog post we brought up the topic of covenant marriages in Arizona. While we realize that some of our readers were already well aware of what covenant marriages were, we realized that there were some readers that might not have been as familiar with the topic. That’s why in this week’s post we wanted to focus on the second part of this topic: the reasons that can be cited in a covenant marriage divorce.

We’ve previously discussed the divorce rate among older couples. Now, it seems like baby boomers are still driving the divorce rate higher in the United States, at least among older couples. 

A new study by the University of Minnesota found that the divorce rate has actually remained steady during the last few decades. Previously, research has hinted that the divorce rate has declined but the new study shows that it hasn’t. The researchers said when you look at the marriage rate compared to the divorce rate, the rate of divorces hasn’t changed. 

Did you recently get divorced? Have you filed your taxes yet? While those who are new to our blog might be confused by us asking these two questions back to back, some of our more frequent readers likely realize that there is a very good reason why we have brought this up. That’s because, first-time divorcees may not realize that a divorce can have a significant impact on how you file your taxes. And it’s exactly that which we will outline in this week’s post.

The first thing that will impact how you file your taxes is when you get divorced. According to the IRS, you are considered “unmarried” for tax purposes if you obtained your final divorce decree by the last day of the tax year. But things can get complicated depending on if you are seen as divorced or legally separated by the state.

If you’re like some of our readers then you’ve probably read an advice column at some point in your life in which a person has written in about their struggles during a divorce. In that short article you are offered a rare glimpse into another person’s life. And whether you’ve gone through a divorce yourself or not, you tend to empathize with what that person is going through.

For many of our readers here in Phoenix it’s not difficult to empathize with the person who writes in because our readers are usually experiencing the same struggles. But even though we know that every divorce is different, why is it that so many seem to end abruptly and in similar ways? Why is it that so many spouses are willing to throw in the towel before the divorce dust settles?

Call Now ButtonCall Now (602) 252-1968