Divorce is genuinely difficult for teenagers. They are old enough to understand the situation, yet they’re still developing the emotional tools to process it. And while they may insist outwardly that they’re “fine, whatever” or even “okay, thanks for asking,” chances...
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Divorce doesn’t have to mean selling your home
On Behalf of Law Offices of Tinley M. Rudd, Esq. | Jan 23, 2025 | divorce
If you’re married and your home is jointly owned, but you decide to get a divorce, you may then decide to sell the house. Since it’s a marital asset, you both have an ownership claim. It’s often easiest to divide the value of the house by selling it and then splitting...
An amicable divorce is possible
On Behalf of Law Offices of Tinley M. Rudd, Esq. | Dec 24, 2024 | divorce
Divorce is not easy. You have to make important decisions about your family life and finances while you are feeling a wide range of emotions. It can be overwhelming, especially if you and your ex-spouse tend to fight and have hard feelings toward each other. However,...
Is your engagement ring a marital asset?
On Behalf of Law Offices of Tinley M. Rudd, Esq. | Dec 10, 2024 | divorce
Engagement rings and wedding rings can be a very expensive investment. Many young couples spend thousands or even tens of thousands of dollars. These rings are symbols of their relationship as they move forward. But what happens when that relationship ends? Who gets...
Are retirement accounts marital or separate property?
On Behalf of Law Offices of Tinley M. Rudd, Esq. | Dec 3, 2024 | divorce
Divorce means tackling major decisions and difficult transitions. Spouses need to begin planning for independent lifestyles. They also need to divide their property and debts. The asset division process begins with the creation of an inventory of assets and debts....
Beware of these financial activities before or during divorce
On Behalf of Law Offices of Tinley M. Rudd, Esq. | Nov 12, 2024 | divorce
For couples going through a divorce, it’s not unusual for one spouse to employ underhanded financial tactics to secure a more favorable outcome. This can lead to an unfair distribution of marital assets, leaving the other spouse with less than they deserve. As such,...
How to get through a holiday divorce
On Behalf of Law Offices of Tinley M. Rudd, Esq. | Oct 28, 2024 | divorce
There’s really no such thing as a “good” time for a divorce – but divorcing during the holidays can seem especially rough. All that holiday cheer and familial togetherness you see reflected in the media and all around you can feel like an emotional assault. How do you...
4 factors contributing to gray divorce
On Behalf of Law Offices of Tinley M. Rudd, Esq. | Sep 26, 2024 | divorce
Divorce is a common occurrence among younger couples as each spouse navigates the challenges of maintaining a relationship while balancing personal ambitions, family responsibilities and external pressures. In recent years, gray divorce has gained attention, referring...
Dispelling some myths around Social Security and divorce
On Behalf of Law Offices of Tinley M. Rudd, Esq. | Jul 30, 2024 | divorce
If you’re among the increasing number of people divorcing in the years before retirement, you’ll likely have different financial priorities than those divorcing as young adults. For example, you’ll want to consider how much you’ll receive when you qualify for Social...
When divorce is the only healthy path forward
On Behalf of Law Offices of Tinley M. Rudd, Esq. | Jul 23, 2024 | divorce
If you’re like most people, you likely perceive marriage as a lifelong commitment. So, while you might have encountered some bumps in the road, you might be willing to rebuild trust, rekindle love and re-establish the mutual respect you once shared with your spouse....
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