Creating a prenuptial agreement is typically a wise choice for any partners entering into marriage. In broad strokes, this is because the law views marriage as a business partnership, and achieving divorce is very similar to dissolving a business. Whereas getting married only requires signing a few documents before a clerk, getting divorced involves dividing assets and liabilities in a way that is acceptable to a court. This does not even deal with the issues surrounding children, which courts don't allow prenuptial agreements to address.
If you have young children, odds are that they are not fully going to understand why you are getting divorced. Some children blame themselves. Some feel insecure in a changing world. Knowing how to get them through this process is critical.
Receiving child support payments is an important part of life as a parent. Whether you receive large monthly payments or small ones, you should put them away for a rainy day if they are not needed now to pay for bills related to your child. One way to put them away for a rainy day is to save for your child's education. Here are some tips to make this happen.
The creation of a will can help relieve a lot of stress in life. You know that there is a legally binding document with your name and signature on it that will protect your assets from falling into the wrong hands upon your death and ensure that your children are taken care of once you are gone. Let's take a look at the reasons why you should update your will throughout life.
Spousal support is awarded following a divorce and contrary to popular belief, it does not last forever. Most of these arrangements only last as long as the recipient needs the money to rehabilitate themselves as a single person. For example, if the person needs to obtain training or go back to school in order to find a job to help sustain themselves. Here's how to use spousal support payments wisely.
There are a lot of decisions you will have to make in life and one of the most important ones is who will be your power of attorney. Everyone should designate a power of attorney when creating their estate documents. When a power of attorney is not named your estate could fall into the wrong hands. Here are some tips to follow when choosing the right person as power of attorney.
Serving as the executor of a will is a responsibility many people will have in their lifetime. You might be asked by a parent, a sibling, a friend or a cousin. You might even be asked by someone you barely know but they ask because they trust you. Whatever the situation, if you are asked to be an executor and you accept, you need to know the role you must perform in Lafayette.
Picking the person who will be the executor of your will is never easy. Not only do you have to think about end-of-life issues, you also have to discuss this with the person you choose. These are very difficult conversations for many people to have but they are incredibly important. Here are some tips for you to follow when you pick the executor of your will in Lafayette, Louisiana.
Putting your plans on paper for what will happen when you die is never an easy task. Many people cannot even begin to imagine this happening to them. That is why so many people die without a will, leaving probate and other issues to be handled by the courts. You need to get your affairs in order when you are healthy and able to make decisions on your own. This includes asking someone to be the guardian of your children.
Coming up with a custody arrangement that can please both parents is never easy. It's likely that one of you will be unhappy with the arrangement unless you can agree to something outside of court. Once you head to court, it's up to the judge to make the final decision after hearing both sides. Once the arrangement is approved, it's time to help your children adjust.