When planning for the future, many people consider establishing a trust. A trust is a fiduciary relationship where one person (the trustor) gives their property to someone else to hold in trust (the trustee). The trustee becomes responsible for saving, investing, and spending the property in the trust for the benefit of a third party (t[...]
Read moreThere are many things to consider during a divorce if you are a parent, including how to financially support your child after the split. One big factor is child support – court-ordered payments that one parent gives the other to offset the costs of raising a child. Child support is typically paid by the noncustodial parent to the cust[...]
Read moreIt is not unheard of for a spouse to maintain a “hidden stash” of money about which the other spouse is unaware. Some spouses do so while trying to pay off embarrassing debts that their partner does not know about, or to help a family member that their spouse might not like. However, some hide money from their spouse in contemplatio[...]
Read moreTechnology is a routine part of most Americans’ lives. Nearly everyone is connected to the outside world through cell phones, computers, smart TVs, etc. While technological developments have brought many positive changes to our world, they have also brought new dangers. Especially during a divorce, it can be important for couples to [...]
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