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November 2017 Archives

How to stay fiscally responsible during a divorce

Trying to make ends meet after a divorce can be challenging for Nevada residents. By being proactive, however, it's easier to live on a single income or account for potential child or spousal support costs. One of the first steps a person should take when considering a divorce is talking with a lawyer. This could be beneficial even for those who may not need an legal counsel to craft a divorce settlement.

How to value a business for divorce purposes

Nevada residents who work with their spouses may face unique challenges in the event of a divorce. For some, the business represents their largest and most valuable asset. Therefore, it is worth knowing how much the company could get on the open market. It is also a good idea to know how much debt that it may have or if there are other liabilities to consider.

How studies predict divorce

Nevada couples who have a ten-year age difference might be more likely to get a divorce than couples who are closer in age. This and some other factors have been identified as increasing the likelihood of divorce. For example, couples who marry in their teens or after their early 30s are more likely to divorce than people who marry in their late 20s.

Situations in which divorce may be the right choice

Some Nevada couples who are considering divorce might feel as though it means they have failed. However, in some cases, divorce is the best choice for two people who have irreconcilable differences. Couples who understand that their relationship is not a failure if it ends in divorce and that it is better in their circumstances to part ways might be better able to negotiate a settlement without the anger and stress that is often involved.

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