Dealing with not one but two major legal events in the same period of time can be a challenge, and not just due to the stressful nature of each of them. These two actions can affect each other since they both involve financial issues. Read on to learn more about dealing with the effects that a bankruptcy might have on your divorce settlement.
Debts and Divorce
Lest you focus too much on the emotional aspects of divorce, it's worth considering just how many financial issues are involved in a typical legal parting.
If you have been harmed in a car wreck or another type of accident, you may be considering filing a personal injury claim. You have the right to drive the roads, use facilities and shop without having to worry about hazards and the carelessness of others. When it comes to the amount of compensation you can get, you will find that the dollar amount of your medical bills will play a major role in your money damages.
If you are going through a divorce, one of the most challenging aspects of the agreements your reach will be determining custody of children. It's common for both parents to have custodial rights, but one parent is usually named the primary custodian, and the other parent has visiting rights and the right to weigh on decisions about health and safety. If you're concerned about not getting the time you want with your child, you should know what sort of factors affect a custody case.
When an individual is filing for divorce, it is not uncommon that he or she will try to make changes to a will as quickly as possible in order to prevent his or her ex from getting anything during the divorce. It is true that you will be able to make a will at any time. You will also be able to make a new trust. However, you will not be able to fund the trust.
It's no surprise that custody issues are among the most contentious in a divorce situation, but problems with who gets the family pet have become increasingly common. While you and your partner may think of your "fur baby" like a member of the family, the law views this issue quite differently. If you have a beloved pet in your life, and a divorce is imminent, you may want to read up on how "
