There is a distinction between irreconcilable and reconcilable differences when it comes to separation and divorce. The focus of this article is on the reconcilable ones. When the relationship changes to a point where there will be a separation and divorce, there are certain issues that need to be addressed so that both parties can financially disentangle and move on with their lives. Emotional disentanglement takes time. When there are children, emotions can be purposefully directed to a cooperative parenting plan so that the children can benefit from the qualities that each parent brings to the family. For more on co-parenting agreements, please see my article entitled: Co-parenting, Where do I start? Continue Reading
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The Effect of COVID-19 on Elements of a Separation and Divorce
When parties initiate the divorce process, there are certain major issues that need to be addressed in coming to a final agreement. These issues include the distribution of property and debt, support (spousal and child, if applicable), health insurance, and custody and parenting arrangements. With the Coronavirus affecting many areas of daily life, some of these common divorce issues may become more complicated as parties work through divorce negotiations. Continue Reading