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August 2018 Archives

Divorce and the financial pitfalls to be aware of

The financial aspects of a divorce are many and can be complicated. Those considering a divorce in Georgia may benefit by becoming familiar with some of the more precarious financial pitfalls. The first thing to be aware of is that Georgia is an equitable distribution state as opposed to a community property state. In a community property state assets may be split 50-50. In an equitable distribution state the split is not necessarily equal, but is meant to be fair.

Avoiding trauma for children in divorce negotiations

When a couple decides to divorce in Georgia, the impact of that decision may have a long-term effect on others, particularly if there are children involved. While parents may lose sight of this during a contentious divorce battle, the ramifications on their children could be overwhelming and long-lasting. This is currently the situation playing out in the public eye for the children of Brad and Angelina Jolie-Pitt.

Georgia awards program that eases child support hardship

When a divorce involves minor children in Georgia, there are many factors to be considered. Not least among these is a child support agreement. Regardless of how parents feel about each other, they typically share a concern for the well-being of their children.

Property division and its impact on a woman's retirement

Divorce can have a negative impact on a couple's financial situation in Georgia. Many times the impact on a woman is greater than it is on a man. A recent study at a noted college found that divorcing women may be better off than previously believed. The key determining factor, according to the study, is whether the woman owns a home of her own. This is something to consider when negotiating property division.

Divorce, children and financial aid for college

When a couple decides to divorce in Georgia there are many decisions to be made and different issues to consider. Not least among these is the current and future well-being of children involved in the divorce. However, one issue that is often overlooked, particularly if the children are very young, is providing for college education when the time comes.

Travelling parents and reaching a child custody agreement

Divorce can be a difficult and trying time for any Georgia family. When children are involved, the proceedings can be complicated by such issues as child support and child custody. When the parents are high profile people and travel extensively for their jobs, this can further complicate the process and prolong the negotiations. Difficulty in reaching an agreement on child custody can cause delays on other aspects of the divorce, particularly financial settlements.

Adoption or fostering a child can be very rewarding

Deciding to adopt or foster a child can be an exciting time. Fostering a child provides an alternative path to possible adoption. In Georgia, it can provide a safe and nurturing home environment to a child who badly needs that through no fault of his or her own. Adoption through fostering can also be a less costly undertaking.

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