It depends on a variety of factors. Arizona is a community property state. This means the law generally considers all assets and debts gained during marriage as owned equally by both spouses. In a divorce, the court will generally split these equitably, if not...
Divorce
How do you rebuild your finances after divorce?
Divorce could be emotionally and financially devastating. It may leave you feeling overwhelmed and uncertain about your future. However, with careful planning and determination, you could rebuild your finances and create a stable foundation for your new life. Below...
Spousal support and budgeting for one after a gray divorce
The golden years of retirement often depict shared experiences and financial security. For many older couples, divorce brings an unexpected twist to this narrative. Suddenly, what was "ours" becomes "mine" and "yours," which can feel overwhelming when considering your...
How will divorce affect my retirement?
Money is often the biggest issue in an Arizona divorce. While many financial issues during and after a divorce are temporary, you might worry about how a divorce will impact your retirement. Specifically, will you need to share half of your retirement with your...
Divorce after a fraudulent marriage
Any marriage ending in divorce is a serious and complex undertaking. However, military divorces often involve unique challenges, and this is especially true when fraud is present. Civilian courts do not typically impose the specific consequences that military members...
Creating a healthy co-parenting dynamic after divorce
Divorce can be challenging for everyone involved. When children are in the picture, it becomes even more crucial for both parents to cooperate. A healthy co-parenting dynamic ensures that children feel secure, loved, and supported by both parents. Here are six ways to...
3 things to consider in military divorce
Military divorce is generally like civilian divorce. You still need to go to court to dissolve your marriage, have the court legally divide your properties and decide on your children’s custody. However, there are some key differences that you should be aware of if...
Know how community and separate property differ in a divorce
Arizona is one of a small number of states that uses the community property model when a married couple gets divorced. That means that property and debt that was accrued after the couple was married is considered to be jointly owned. That differs from most states that...
5 ways divorce can affect your finances
Divorce is a challenging life event that can bring emotional stress. Adding financial problems to the mix can make the process even more overwhelming. Understanding how divorce affects your finances can help you prepare and take steps to protect your financial...
How can you get the most out of your divorce’s property division?
You have a lot to deal with as you navigate your divorce. Property division may be priority number one for you given the long-term financial implications it can have. While Arizona is a community property state, meaning that marital assets will be divided equally,...
