Deciding to get a divorce can never be an easy task. Once you decide and start taking steps through the process, it can be confusing and emotional. What happens after you file for divorce?
Surprising reasons for gray divorce
People over 50 are getting divorced at higher rates than any other age group. There are several potential reasons for the dramatic increase in divorce rates among seniors in Pennsylvania, but researchers found some interesting trends when they interviewed individuals in this age group. Although the aging American population may play a role in the overall numbers, the findings were somewhat surprising.
Less than half of parents receive all child support owed
Pennsylvania parents know that child support agreements are one of the most important parts of a divorce settlement. However, according to the latest federal statistics, less than half of single parents receive all the child support payments they are owed.
Why children of wealthy families might want a prenup
Some wealthy Pennsylvania parents may want their children to sign a prenuptial agreement in order to protect the family legacy. However, their children might perceive this as an affront to their spouse-to-be and may resist doing so.
Business and divorce can come hand in hand
Pennsylvania entrepreneurs can face the same challenges as everyone else when it comes to marriage; statistics show that almost 50 percent of marriages in the country end in divorce. However, business owners can also deal with unique challenges that are exacerbated by their responsibilities and commitment to their company. Some divorces can be related to an entrepreneur's ability to prioritize their marriage and their business. There are some specific conflicts that can arise among couples for whom entrepreneurship is important.
Steps for an estate executor
People in Pennsylvania who have been appointed executor of an estate might wonder what their duties are. The job of an executor is to locate the will and any other relevant estate planning documents, locate and protect assets, pay creditors and taxes, and distribute assets to beneficiaries. This is a significant responsibility, and an executor may want to work with an attorney throughout the process.
How your family business will be treated during your divorce
You may never have dreamed that you and your spouse would consider divorce, but that day has come. You feel overwhelmed just thinking about the process and are concerned about property division.
