People in New Mexico who are going through a divorce may struggle financially, and they might want to try to borrow from their retirement account to get quick access to funds. However, this can come with hefty taxes and penalties.
New Mexico couples who are considering ending their marriages may decide that they want to wait until after the holidays and file in January. They might do this because they want their children to have one last holiday in which the family is together.
In a country where women often experience a decrease in income after a divorce and are usually awarded custody of children, it only makes sense that women will face challenges that are different from those men face after the divorce process. Women in New Mexico may be interested in learning about the challenges that other divorced women have faced and learning ways that they have coped with the situation.
New Mexico residents involved in a divorce process might be concerned with the role evidence from social media accounts can play. As an increasing number of people have at least one social media account, posts from these accounts are often admissible by courts as evidence to prove infidelity, hidden assets and matters that affect custody cases.
If you and your spouse in New Mexico have chosen to get a divorce, you will have to make many tough decisions and you may be unsure about just what information you should be collecting or factoring into those decisions. A divorce is a major emotional event in your life but it is also a major financial event in your life. It is important that you understand the things to pay attention to so that you are prepared to move forward financially in the right manner.
Those first few days, weeks and even months following your divorce in Roswell can be the most difficult to get through. Even if the circumstances of your separation from your spouse make your new situation a welcome relief, adjusting to life without their support can be hard (particularly if you were not the primary income earner in your marital home). One of the aspects of post-divorce life that many of those who come to see us here at the Sanders Law Firm find most difficult to adjust to is the uncertainty that they feel over seeking costly assistance that they received previously from their ex-spouses (such as health care).
As people in Roswell head into their divorce proceedings, they may conflicted as to how to handle the division of their 401k accounts. The contributions made to such accounts during a marriage are considered to be marital property, and thus subject to property division. Yet some may want to retain the full value of those accounts in order to stay on track to meet their individual financial goals once they reach the age of retirement. Is that possible?
Co-parenting is tricky enough on its own, but when stepparents are involved it can be a minefield to navigate. While stepparents can make meaningful contributions to a family, there are certain boundaries that must be respected at all times. Parents Magazine explains some of these boundaries and why they're so important.
When many people in New Mexico think about divorcing couples, they might think about people who are still young enough to have kids at home before they would think about someone about to retire. However, the fact of the matter is that divorce among people aged 50 and older has been on the rise for some time now. These divorces are commonly called gray divorces, as people at this stage of life may have graying hair.
Whether you are currently going through a divorce or you are considering filing papers, there are a myriad of issues to tackle. If there are children involved in your situation, the process becomes more complicated, as you must determine what type of living arrangement is best for your kids. The judge presiding over your case will often look at several factors before deciding whether to award sole-physical custody to one parent or choose a joint-physical custody living arrangement. Before making this crucial decision, however, there are several factors to consider.