Gray divorce rates (couples getting divorced following age 50) have doubled over the past twenty-five years. Statistics show that one out of every four people getting divorced is aged 50 years or older. But what is the reasoning the divorce rates are so high for married people over the age of 50? Below you are…
Divorces are notorious for being challenging in dealing with, for each of the spouses and their families. The spouses need to make important decisions about proceeding with the divorce, and whom to get assistance from. These choices are critical, as they are going to impact their plans for the future. As reported by government sources,…
It all depends on your situation if mediation, or collaborative divorce will be the best decision. In which way to use is subject to the distinct circumstances involving your case, your individual preference, and the access to knowledgeable mediators or collaborative lawyers. Below are factors that could influence your choice. The primary factors of mediation…
Estate planning is the methodical approach of getting your personal and financial matters if you become mentally debilitated or pass away. The primary legal document required to plan for your passing is a Last Will and Testament, in which comprises of a written arrangement of guidelines to your loved ones as how you wish your…
It is commonly understood that when couples get divorced, they are most likely changing their estate plan to reflect the divorce, in addition to accommodating new spouses or children. Regardless, in Arizona, spouses have the choice of a legal separation, in which retain some inheritance rights for the living spouse, in addition to any fiduciary…
Even if you’ve retained a divorce lawyer, divorce mistakes are strangely easy to make. That’s because a lot of individual aren’t really at their best when they are getting divorces. That said, it’s challenging to operate at your best moments when your entire life has just been turned up sided own and it feels like…
A correctly written and well-maintained estate plan can be a hugely positive legacy. The benefits and services provided by Ogborne Law were designed to help you with avoiding these common estate planning mistakes. 1. Not Creating an Estate Plan One of the biggest mistakes in estate planning is not planning. The outcome is that if…
A trust is conventionally used for decreasing estate taxes and can provide other benefits as part of a well-devised estate plan. In a second (or third or ensuing) marriage, a spouse might feel divided between the needs of their present spouse and the needs of their children from a previous marriage. These children might be…
If having a living trust is better for you than a will is subject on whether the added options it offers will be worth the expense. You worked hard for your money and made every effort to be a careful saver. It’s only natural that you want some authority over what occurs to your assets…
An annulment is a process that terminates a marriage. When a court awards a petition for an annulment, the court is in effect declaring the marriage nullified. Annulments can be distinctive from divorces. When a divorce is awarded, the marriage is deemed to be dissolved. Annulments Nevertheless, the fact the divorced spouses were once married…
