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November 2016 Archives

Divorce is down and marriage is up

Couples in North Carolina may be interested to learn that divorce is on the decline throughout the country. Furthermore, marriage is on the rise. In 2015, among every 1,000 women over the age of 15, 32.2 marriages took place compared to 31.9 in 2014.

Why everyone should have a prenuptial agreement

With all the steps that go into planning for an upcoming wedding and marriage, it can be easy to get caught up in the excitement of it all and leave some of the more mundane tasks until later. While you may be tempted to put off drafting a prenuptial agreement, it is wise, in the "big picture" sense, to resist doing so.

Child support, extracurricular activities and other expenses

North Carolina parents who have gone through a divorce that involved a child support order might wonder what expenses are covered. Child support often covers basic expenses but little else. If custodial parents want the child to have music lessons or play a sport, they might have to pay for these extracurricular activities on their own.

Divorce after 50 for North Carolina women

The divorce rate for people throughout the country over the age of 50 is growing, and it may lead to financial uncertainty for women in particular. In 2012, a paper released by the Social Security Administration found that women who remained single throughout their lives were better off financially than divorced women. Among women over 80 who were divorced, 22 percent lived in poverty. Only 17 percent of never-married women lived in poverty while 15 percent of widowed women did.

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