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Augusta GA Family Law Blog

Finances: an important concern during and after Georgia divorce

Most people do not get married with the goal of eventually getting divorced. However, for some couples, divorce becomes the only option to end an unsatisfying marriage. The process of separating completely from another person can be emotionally draining, and it can create a great deal of financial stress as well. Those is Georgia considering divorce may want to seek guidance from a family law professional to gain a better understanding of how this action will affect their finances now and later.

In many marriages, one spouse handles the majority of the finances. From monthly bills to how much goes into the vacation fund, this person has a much deeper understanding of the couple's financial standing. When divorce enters the picture, though, it can be incredibly helpful for both parties to have an understanding of their shared and individual assets and debts. Knowing what assets one possesses currently and what portion of future assets, like retirement accounts, one is entitled to will be crucial as property is divided between the two parties. 

Stepparent adoption in Georgia impacts children and parents alike

Each and every family is unique down to the very core. Some families have all biological children, some have no children, and some have children with paws. No matter how individuals get to be a family, the love and bond that is shared is something special. In Georgia, stepparent adoption is one way to create a one-of-a-kind family.

Many times when adoption is being discussed, it involves infants or small children. These little ones, often from another country with no place to call home, are brought into a two-parent household, where they grow into beautiful teenagers, young adults and contributing citizens. However, this scenario is by no means the only or best purpose of adoption. Another type of adoption -- one by a stepparent -- can also leave a lasting impact on the life of a child or adolescent. 

Georgia divorce can affect finances long after it is finalized

As one prepares for or works through ending a marriage, the finances involved in the process may seem overwhelming. While many things have to be considered, like retirement plans and others assets or debts, various financial aspects have to be taken care of after the divorce is finalized, especially for those dealing with child custody arrangements. Parents working out a child custody arrangement in Georgia should be aware of potential finance-related things that will come up.

As parents, a couple's relationship may no longer be spousal, but they will continue to be the mother and father of their children. Regardless of what type of custody arrangement that the two parties decide upon, they will have to continue to communicate and work together in areas concerning their children. Deciding upon and then paying for extracurricular activities like sports or girl/boy scouts can create conflict between the two parents.

Single-parent adoption a possibility for Georgia residents

When the topic of adopting a child is brought up, most people have a variety of preconceived notions, some well founded, others not as much. Some believe that the only families that adopt are couples that cannot have children on their own. Others think that only well-to-do families with a husband, wife and possibly a few biological children are suitable to adopt. However, single-parent adoption is a very real possibility for those in Georgia.

Over 20 years ago, one woman was bold enough to start the adoption process as a single mother. She had no children of her own and was not in, nor pursuing, a serious relationship, but she knew that she wanted to be a mother. This woman went through the process and adopted a little girl from India.

Georgia child custody: Children are people, not pawns

Not all divorces are created equal. A divorce proceeding is unique to the two parties, particularly when children are involved. The parents' roles in their children's lives is a central focus in resolving these issues. In some cases, it does not work for both parents to be heavily involved in child custody, thus resulting in primary custody being awarded to one party, while the other typically receives visitation rights. However, whenever possible and with growing frequency in Georgia, co-parenting or shared custody may be awarded.

Research shows that children used as pawns in high-conflict, or even low-conflict, divorces tend to react poorly. They may act out in school, withdraw into themselves or suffer another way either emotionally or psychologically. While there is evidence that shows that children of divorce may not do as well academically or relationally, that does not have to be the case.

Protecting one's retirement plan in Georgia divorce

When dissolving a marriage, dividing assets can be challenging and stressful, which can be especially true for those divorcing later in life and nearing retirement. The divorce rate among those over the age of 50 has doubled over the last two decades. This can leave individuals wondering what they are going to do about their retirement and pensions. Family law professionals can assist those going through this process in Georgia. 

Retirement and pensions are two of things most fought over during the divorce process. When two parties both have careers and are able to create their own retirement accounts, the tension can be minimal. However, this is not always the case. For other spouses, dividing all of their shared finances, assets and debts can create friction. 

International adoption: Georgia families begin the process

The number of children in need of adoption is astounding. Around the world, children have been placed in institutions, foster care or with extended family members as they await being adopted into their forever families. Georgia families that are looking into adoption have a variety of resources available to them that can assist with the process.

International adoption was once one of the main methods of adopting children around the world. Tragically, some people misused this system, and children were adopted into harmful situations. Many countries have since then closed their borders completely, with some now reopening, while others have solely closed their borders to particular countries. This results in potential adoptive families being forced to adopt domestically, while children are left without parents to call their own.

Choosing the best child custody option in Georgia divorce

There are a variety of aspects that have to be taken into consideration when thinking about divorce. Property division, child custody and child support are just some of the things that two parties will have to work through as they separate their lives. Those considering obtaining a divorce in Georgia may want to contact a family law professional. With their assistance, a once-daunting process can be broken down into steps that are less stressful and easier to manage.

When children are involved in a divorce, they may wonder why the divorce is happening and if it is their fault. No matter the stress with which the parents are dealing, it is important for them to reassure their children during this life-changing time. Affirming that they are loved and will be taken care of can make a big impact on how the children adjust to their new living situation.

Taxes and credit to be considered in Georgia property division

Divorce can affect one in nearly every area of life, including emotionally and financially. It can be incredibly stressful to move from being a couple to being an individual. Working through property division can be an especially daunting task as there are many things to consider. Family law professionals can assist those going through divorce in Georgia through the process of dividing property and other assets.

Filing taxes can change with the division of property between the two parties. Additionally, one will now file as a single individual instead of as married. One's accounts, including debts, will also have to be taken care of during the divorce process. As property is divided, one party or the other may be assigned to cover certain debts. It is important to be aware of whose name is on loans and other debts in order to protect one's credit.

The power of adoption in Georgia

Children who do not have a family to call their own can begin a new life after being adopted. One man, a Wendy's franchise owner, has decided to do what he can to inspire others to get involved in adoption, and he is biking four thousand miles across the United States to call attention to process. Those interested in adopting a child in Georgia can contact family law professionals for information and assistance.

There are more than one hundred thousand children currently in the foster care system. Far too many of this children will age out of the system and never know what it is like to have a loving and caring family. The founder of Wendy's, Dave Thomas, was an adopted child and knew just how powerful adoption can be. His foundation has helped raise awareness and money for children up for adoption.

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