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Divorce Archives

Signs experts say indicate divorce is on the horizon

Indiana residents may be interested in hearing what some indicators are that could mean a person is headed for divorce. People reach a point in their life where they feel like they might want to get divorced, but they still have doubts. They appreciate that divorce will change their life, so it's not a decision that they want to make quickly.

How should we tell the kids about our divorce?

When contemplating the prospect of ending a marriage, it is understandable for parents in Indiana to struggle with how the event may impact their children and how they should even tell their kids about a divorce. Breaking the news about any major life change may be difficult but there are clear steps parents can take to help their kids and set up an open line of communication for the following time.

Your divorce and your financial future

If you and your spouse in Indiana have been experiencing marital difficulties and you believe that ending your marriage may be the best thing for you, it is important that you approach your divorce in a pragmatic and smart way. This involves making sure you are fully versed about your marital financial situation and that you plan appropriately for your future single financial life. If you have not been the one in your marriage to handle money, now is the time to get involved and learn as much as you can.

How are student loans handled in a divorce?

It is not uncommon for people in Indiana to incur student loan debt when going to college. The amount of money that students often have to borrow even to just get an undergraduate degree can saddle them with debt for years after they have graduated. For students who pursue advanced or professional degrees, their student loan payments may extend decades and be akin to small mortgages. It is this reality that leads a lot of people to still have this debt when they get divorced.

Is divorce bad for my long-term health?

For many people in Indiana who make the choice to leave a marriage, there may be an initial feeling of relief that they no longer have to endure the stress of living in an unhappy relationship. However, that feeling can quickly be overtaken by the stress of managing a divorce. The challenges associated with dividing a marital estate, creating a parenting plan and calendar for sharing time with one's children, and navigating a changing social situation as joint friends try to figure out how to maintain relationship are just some things that make divorce so hard.

Where will you get health insurance after your divorce?

It often is not until after you choose to divorce from your spouse in Indianapolis that you realize how much you actually may have relied on them during your marriage. One area that many often overlook when planning their post-divorce lives is where they will get their health insurance coverage. If you were covered under your ex-spouse’s group health plan during your marriage, how will you be able to handle your medical expenses once your divorce becomes final? 

Cable boxes and Christmas decor at issue in divorce case

It may be easy for those going into divorce proceedings in Indianapolis to view them as the official end of their association with their soon-to-be ex-spouses (particularly in cases where a couple does not have children together). Yet what they may view as being "the end" might actually signal the beginning of a lengthy dispute over the terms of their divorce settlement. Arguments over assets (often fueled by the emotions that both sides of a divorce feel towards each other) may prompt all parties involved to dig their heels in and brace for what could be a long, drawn out battle. 

High poverty rates among divorced persons

When a couple in Indiana makes the painful choice to end their marriage, one of the next things they face is the challenge of splitting up their marital estate. In most situations, both spouses end up losing some of their assets or treasured belongings. At the same time, each person must establish their own solo household. Since living alone costs more than living with someone else, this coupled with the loss of assets can contribute to financial challenges. 

How should you split your 401k?

Property division proceedings in Indianapolis are rarely easy due to the fact that they force you into relinquishing certain assets that you likely value very much. Your 401k is no doubt chief among these. You work hard throughout your professional career to earn funds that you can then rely on to support you during your retirement, and having to split even a portion of those funds with your ex-spouse may seem like a bitter pill to swallow. Even so, as contributions to your 401k during your marriage come from marital income, they must be included in your property division

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Robert Schembs
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Indianapolis, IN 46204

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