Individuals in Arizona who are getting a divorce must divide their property, and this may include retirement accounts. However, there are regulations about how retirement accounts can be distributed in a divorce in order to avoid taxes and penalties.If couples are...
Divorce
Older people divorcing in record numbers
Divorce among Arizona retirees may be on the rise, as married couples over 50 are deciding to call it quits at record numbers. According to researchers from Bowling Green State University, twice as many people in that age group divorced in 2014 than in 1990. While...
Hiding assets and spending from spouses in Arizona
A recent survey indicates that financial infidelity in a marriage, described as hiding funds or spending from a spouse, is more common than people may have thought. The telephone survey of over 840 Americans determined that some spouses will open bank and credit card...
Dividing a business in a divorce
When an Arizona business owner goes through a divorce, losing the company can be a big fear. Whether a business was jointly owned by the spouses or owned by just one of them, there will be questions about how the business assets should be divided in a divorce...
Halle Berry going through 3rd divorce
After being married for two years, actors Halle Berry and Olivier Martinez are calling it quits. Arizona residents may be interested to know that the couple released a statement announcing their divorce to CNN on Oct. 27. The pair met in 2012 on the movie set for...
Financial planning after an Arizona divorce
While everyone's financial goals may be different, it is important to understand what it takes to achieve financial independence after a divorce. The first step toward recovering financially after a marriage comes to an end is to take action as soon as possible in an...
Legal advice may be helpful during divorce
Arizona residents who are going through a divorce might think it will be faster and cheaper if they do not hire a lawyer, but this may not always be the case. Failing to hire a lawyer might be more expensive in the long run if an individual makes poor decisions due to...
Financial changes in divorce
As many former Arizona couples have learned, divorce is a time of change. For some, it is an emotionally taxing time. For many others, it involves financial change. Understanding how the end of a marriage can often bring financial consequences can be important for...
Having a baby before marriage and its impact on divorce
Many couples in Arizona may be concerned about the various factors that increase the risk of a divorce. While one used to be having a baby before getting married, a recent study based upon data compiled by the Centers for Disease Control and Prevention reveals that...
Prenuptial agreements and divorce
While some Arizona couples have prenuptial agreements, many others do not consider them because they either find them distasteful or they believe they are unnecessary. Simply entering into a prenuptial agreement does not mean that the party is planning to later...
