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Divorce

from: Wilson Davalos




Divorce



Divorces are a very hand and emotional time for families. Many
don't know what steps to take. You will find some basic
information.



Property



When you divorce both parties involved have their assets
divided. Including those that where accumulated before their
where married. Prenuptial agreements can protect some assets; an
example would be if the husband owned stocks before the
marriage. If the prenuptial agreement states that he is entitled
to keep his shares, you may not divide those assets.



Without this agreement the stocks may be liquidated and divided.
In some states assets are divided equally, in other states they
are not. Sometimes that length of the marriage is a factor in
the amount of the share going to the parties. Other factors such
as age, health, income could also be a factor on how the assets
are divided.



Other kinds of assets have be divided up such as houses, time
shares, frequent flyer miles, pets, bank accounts, lottery
winnings, business, jewelry, art, collections, cemetery plots,
memberships.



Child Support



Child support is a huge subject in divorces; in most states you
will have to pay child support until the children are able to
take care of themselves, which is normally until the age of 18.
In Hawaii and Massachusetts the age is 23. Each state has their
guidelines on how much the amount of child support is to be
paid.



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