Whenever a famous or affluent couple files for divorce, the media immediately begins to buzz about how much money is at stake in a settlement. For some of these people, there is more money at stake in a divorce settlement than the average person will ever make in a lifetime. However, it is fairly common practice for wealthy individuals to take the time to sign a prenuptial agreement prior to hearing wedding bells. Georgia couples are encouraged to do the same, even if there is not an expectation of a lot of money at the time.
Divorce can bring out the worst in people. The threat of losing a significant portion of one's income and assets as a result of the property division process can make people act in ways that are against all logic and reason. In some cases, Georgia spouses may even attempt to hide assets to shelter them from losses during divorce. This is not only a terribly unethical course of action, it is also against the law.
When it comes to matters of child custody, parents often begin on unequal footing. This is because many in Georgia still perceive parenting as the realm of the mother, while fathers are often viewed as playing a supporting role, at best. In reality, however, many fathers are as vital in the lives of their children as their partners, and when a marriage ends in divorce, these Dads expect to receive equal child custody rights.
Wedding rings, invitations, the perfect wedding gown and reception arrangements -- these are the first of many expenses that will bind two people together in marriage. When two become one in Georgia, so do their finances, making it important to consider a prenuptial agreement.
Real estate can be a stumbling block for many divorcing Atlanta couples. For some, a house may represent a joint creative effort, the culmination of years of planning and saving. With so much work invested in a home, such individuals may be reluctant to part with it.
The month of February calls for more than black history celebration, a day for remembering Presidents, and the nation's top greeting card holiday. A recent study shows that, Valentine's Day, a holiday best known for bringing loved ones closer together, may also mark a season of separation. The study, receiving data from New York, California, and Illinois, shows an 18% average increase of divorce rates during the month of February and a 38% spike after the Valentine's holiday.
A recent article reminds Georgia couples that the division of martial property may bring unwelcome surprises around tax filing time. Needless to say, a divorced spouse will likely have different exemptions and deductions, due to the property division ordered by the divorce decree.