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Divorce Archives

Dealing with restrictions while a divorce is pending

When Tennessee couples decide to divorce, they may prepare an array of financial, social and practical changes and consequences. Indeed, there will be many changes that take place after the divorce is finalized and asset division is completed. However, there are also a number of restrictions that both spouses will have to deal with while the divorce is pending.

Planning for children's college expenses after a divorce

While approximately 40 percent of marriages in Tennessee and around the country will end in divorce, 66 percent of married people do not have financial plans in place in case they get divorced or their spouses die. This can have a major impact on people's finances. When they have children who plan to attend college, it can make it even more difficult.

Financial surprises may happen in some divorces

Some people in Tennessee may be surprised to learn how little they know about household finances and investing when they get a divorce, and according to a survey by UBS Global Wealth Management, this is more likely to be women than men. The survey gathered information from 1,500 couples and more than 600 women who were widowed or divorced. All had at least $250,000 to invest.

Social media parameters in prenups

If you are involved in a serious relationship in Tennessee and have been discussing formalizing your commitment by getting married, now is the time to also discuss creating a prenuptial agreement with your partner. Marriage is as much a business and financial arrangement as it is a personal and emotional one which makes prenups important for people who want to address all sides of this relationship.

Divorce and dealing with it

Tennessee parents, like parents everywhere, experience plenty of guilt during a divorce; it comes hand-in-hand with second-guessing yourself. "Am I making the right decision?" "Will I regret this?" "How is this going to affect my kids?" The guilt can be crippling. The team at the Bodie Law Office understands that divorce is never an easy decision to make, and when children are involved, the decision is even tougher. We have guided many clients through this difficult journey.

Why is gray divorce so bad?

Regardless of your age, if you are one of the married people in Tennessee, you know that marriage is rarely easy. Many people find ways to make their marriages work and even be fulfilling and positive parts of their lives. Others, however, end up making the choice to get divorced. The emotional and financial losses associated with the end of a marriage can be felt by any divorcing spouse but when you are at an age where retirement is nigh, you might evaluate the financial aspect of your divorce differently than if you were 20 years younger.

Divorcing your Valentine? Take these three steps

Valentine's Day is not always about romance. If you are dealing with a declining marriage and even the thought of this lovey-dovey holiday makes you cringe, it is not just you. In fact, CNN Money reports that there is a substantial spike in divorce filings the day after Valentine's Day. It is a day that causes many couples to realize they are not happy with their marriages.

The divorce season

While many people in Tennessee spend the holiday season seemingly in the throes of constant joy and love with their family and friends, others struggle through the pain of marriages that may be falling apart. For some, the holidays may provide one last opportunity for a couple to try and correct the problems in their marriage and get a fresh start. Still others make the decision to keep their family together during the holidays for the sake of their children and maybe even extended family members knowing that they will pursue their divorce options after New Year's.

The main benefits of a divorce mediation

Tennessee residents seeking a productive and amicable way to divorce may find mediation to be the best solution. As the Huffington Post explains, mediation is a process separate from the judicial system, where a single, impartial third party attempts to resolve the matter between two or more contesting parties. Unlike a judge, a mediator cannot impose a solution. It’s up to the parties to mutually agree on how to end their dispute. However, a mediator may help guide the parties toward a productive solution.

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