Going through a divorce is never an easy process, but it can be much less stressful when both parties agree on the terms of the divorce. This is where the uncontested divorce comes in. An uncontested divorce is a much simpler and less costly option compared to a contested divorce, which requires a court hearing and often results in one or both parties hiring attorneys. This article will guide you through the step-by-step process of an uncontested divorce so you can have a better understanding of what to expect.
Once you make the difficult decision to end a marriage, you probably want the divorce process to be over as soon as possible. But litigating a divorce through the courts takes time. Mediation can help you and your spouse come to an agreement much faster, easier, and with less cost. But will you be going it alone? Someone who has never gone through mediation may feel that they will be unprotected and unassisted in that mediation room.
A divorce can be incredibly challenging to go through from an emotional standpoint. However, a divorce will also have a big impact on your taxes in ways you didn't think about. That's why it will be helpful to know the following changes so that you can prepare for them.
One immediate change that will happen after a divorce is the need to change your filing status for tax purposes.
Gambling can be a fun pastime for many people, but it can also lead to financial and personal problems. When gambling becomes an addiction, it can lead to significant financial losses and even impact a marriage. In some cases, gambling debt can be a factor in a divorce. Here is what you need to know about how gambling debt can impact your divorce:
Division of Assets
In most states, assets acquired during a marriage are considered marital property and are subject to equitable distribution in a divorce.