Small business owners in Georgia may want to take special care to protect their companies from a divorce or dissolution. This is especially true for the founders of new startups who are looking for investments from venture capital companies. Many business advisers will recommend that business founders opt for a prenuptial agreement before getting married that specifically deals with how the business will be handled in the divorce. This does not have to mean that the other spouse walks away with nothing; it may provide for other types of compensation while keeping the company itself walled off from the property division process.
For people in Georgia, the holiday season is often a time of family gatherings and parties. When January rolls around, however, many couples decide that its time to file the divorce paperwork. The month of January is called "divorce month" by some people in the legal community because so many people choose to file for divorce at this time.
The national divorce rate has fallen to about 39% since the 1980s, but there is no guarantee that a Georgia couple won't experience divorce themselves. Therefore, a married partner should be prepared ahead of time for the financial consequences a divorce can bring.
One decision some couples in Georgia who are getting a divorce may need to make is what to do with the family home. They may want to sell it, but if one person decides to keep it, they will need to hire one or more appraisers to determine its value. The buyer should also hire a home inspector.
When a couple in Georgia divorces, it's not unusual for both parties to experience a range of emotions. Some of these feelings may be unfamiliar and unsettling. However, the reality is that having a strong emotional reaction to the end of the marriage is normal.
Many people wonder what causes couples to decide to divorce while others stay together and live out their lives successfully. Some conventional wisdom seems to indicate that people tend to become more unhappy with their marriages over time, with the "end of the honeymoon period" leading to greater dissatisfaction and discontentment. Obviously, an unhappy marriage can lead to a divorce. However, the factors that can lead to marital unhappiness are often individual and vary widely from couple to couple. Researchers at the University of Georgia came together with those at another university to examine the issue.
Georgia residents and others who are in unhappy relationships should not feel as if they have to stay with their partners. However, it is also important to know that a separation or divorce won't immediately solve a person's problems. For instance, parents who weren't able to agree on how to raise their children likely won't find common ground just because they are no longer together. Individuals may also face financial issues after a divorce that could cause stress in their lives.
Gray divorces are becoming far more common in Georgia and around the country even though the overall divorce rate remains fairly stable. In 1990, only one in 10 divorces involved spouses over the age of 50. That figure has now risen to one in four. This trend has experts in some quarters worried as the emotional fallout from a gray divorce can be extremely hard and the financial consequences are often dire.
Georgia business owners can use a prenuptial agreement to protect their company in case of divorce. The prenup can specify how the business will be valued and what the other future spouse is entitled to.
Georgia parents who are divorcing know the stress the process can cause. It can be taxing in any number of ways. It can also be hard on their kids. The effects of their parents divorcing can be severe on the children, and it can impact them intio adulthood. Studies have shown that children of divorce are at an increased risk of forming negative relationships or being overweight. There are steps divorcing parents can take, though, to minimize the negative consequences for their kids.