You and your spouse bought a home worth $1,000,000 about 10 years ago, and the value has only increased. When you file for divorce, you want to sell the house and split up the proceeds from the sale.
Divorce is not an overnight process, and that can lead to a lot of problems. After you tell your spouse that you want to split up, they have plenty of time to take actions that prove detrimental to you. Feeling frustrated and even angry, many people try to lash out at their significant other as the relationship ends.
Dissipation of marital assets is something that is often rooted in nothing more complex than spite. You file for a divorce. Your spouse does not want the marriage to end. To get back at you, they begin to waste the marital assets as quickly as possible, thereby preventing you from getting your fair share of them.
Wondering if you can have an amicable divorce with your spouse or if the two of you are going to work it out in court? It may depend on just how much money you have.
Dividing assets can get complicated. The easiest way to do it, in some ways, is to sell all of the assets you own and then split up the money. If you do this, you know that both you and your ex got a fair share.
On the day you said "I do," you probably didn't think you'd have to file for divorce one day. Nevertheless, if you're reading this, you're either thinking about bringing your marriage to a close or you've already initiated the process. At this point, the most important thing you can do from a mental health standpoint is to avoid blaming yourself or your spouse for the breakup.
Introducing the topic of divorce with your spouse may be one of the most difficult things you'll ever have to do. However, the way you do this is important as it will affect how easy your divorce is going to be – both emotionally and financially. The way you start the topic may depend on your spouse's current feelings about the relationship
When two spouses are truly in love with one another, they and their relationship become a primary focus in their lives. Of course, every healthy spouse needs to have his or her own interests for a healthy relationship, but healthy couples need to engage in couple-centric activities to keep their marital bonds thriving. When these activities begin to wane, and the spouses don't do things as a "couple" anymore, it could be a dangerous sign for the relationship.
One of the most stressful and overwhelming parts of going through a divorce is the process of dividing assets, especially if you are a high asset household. Part of what is overwhelming is the learning of new terminology and getting organized in regard to what you own.
Many people in the United States who are contemplating divorce fail to adequately prepare financially. This is especially true in situations when highly valued assets are held within the marriage. The more assets that a couple have between them, the more there is to lose.