On the day that you proclaimed, "I do", you almost certainly thought that your marriage would go on forever. The fact is that, nearly 47 percent of marriages in The United States end in divorce. Together with being the most devastating emotional moment in your life, your divorce in addition has legal and financial ramifications. While your first instinct may be to hide under the blankets a long way away from the fact of the problem, but your best plan of action is to acquaint yourself with the laws and regulations of your state so you can secure your divorce rights. |
Every state tends to make its own laws regarding the dissolution of marriage, the split of marital property, and the specific divorce rights of each spouse. The state law will establish who retains the family residence and vehicles, child custody and support issues, and especially alimony. Within a lot of state laws, each spouse is entitled to 50% of the marital assets but particular conditions might entitle a spouse to a more substantial division. Taking proactive actions now will certainly keep you from feeling swindled and robbed later on.
Knowing your divorce rights will enable you to address questions like whether or not you are entitled to a part of your spouse's retirement benefits or money in his/her work related 401k account. According to how long you were married, you may be entitled to up to half of the money in those accounts. Additional divisible marital assets can consist of stocks, bonds, investment property, and vacation properties like timeshare ownership. The court will also determine financial accountability for any financial obligations incurred during the marriage.
One key issue of divorce is which spouse will maintain custody of any minor children born of the marriage. A lot of states require judges to take into account a wide variety of factors when determining which parent will provide the most stable environment for the child/children. When getting into a custody order, the court could grant sole custody to one spouse and generous visitation rights to the other spouse. The court might also award joint custody to both spouses with one spouse taking physical custody of the children.
During your divorce, you will find that time is an issue when it comes to protecting your divorce rights. Keep a calendar of every scheduled court dates and don't forget to bring important documents such as school records for your children, a copy of your mortgage paperwork, and the most recent copy of your debts. Again, you have rights in a divorce and those rights are provided by and protected by law, so don't give up your rights and what you are legally entitled to. For more information about your Divorce Rights as well as finding a wealth of information about how to protect yourself during divorce proceedings, please visit our web site at http://www.my-divorce-guide.com
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