In an increasing number of Tennessee divorces, it's compulsory that you purchase and maintain a life insurance policy. This is needed for child support and alimony in the event that the main provider of the family was to pass away while either of these are still owed....
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Divorce In Mississippi
Do you need life insurance in a divorce?
Divorce rates throughout Tennessee and Mississippi continue to mirror those of the rest of the country. As a result, the same general questions that perplex divorcing couples throughout the USA will apply here as well. One of the most pertinent for many people will be...
How do you tell your spouse you want a divorce?
Technically, the law does not require you to inform your spouse of your intention to divorce before filing. However, after the time that you and your spouse have spent together, he or she deserves to hear it from you directly before you have the divorce papers served....
What are the financial risks of a gray divorce?
Instances of divorce after 50 are increasing in the United States. AARP reports that the divorce rate for older couples doubled in the past 27 years, particularly for people in the mid-50s to early 60s. While there are many facets to gray divorce, you may find the...
3 tips for helping adult children deal with your gray divorce
Gray divorce, where spouses over the age of 50 end their marriages, is becoming more common. In fact, the number of gray divorces in the U.S. has doubled in the last 30 years. Still, if you and your spouse have adult children, the end of your marriage may be hard for...
Specific challenges of gray divorce
Gray divorce is not a different kind of proceeding. It is just a name given when couples split after the age of 50. More than any other age demographic, according to MarketWatch, the rate of divorce is increasing in this age group. When you and your spouse divorce...
The most common and outlandish reasons for divorce
The decision to seek a divorce, whether the couple is from Tennessee or Mississippi or some other state, comes about for many reasons. High-profile cases or those in the movies often revolve around infidelity and other salacious acts. In reality, a divorce stems from...
What happens if I cannot afford to pay child support?
When you and your spouse finalize your divorce, a child support agreement is typically determined based on several factors, including each person's income. However, there are times when circumstances change and you may reach a point where your child support payments...
Divorce over 50: What you need to know
Getting divorced later in life, often called gray divorce, is becoming more common in Tennessee and across the country. According to Kiplinger magazine, the divorce rate for couples over the age of 50 has more than doubled in 25 years. Many of these divorces are...
Managing your mortgage in a divorce
Married couples that own a home and make the choice to get divorced will have to figure out what to do with their home during or after their divorce. In some cases, one spouse wants to stay in the home, often to maintain some stability for the children. If this...