Creating a proper estate plan requires making intentional decisions, and in order to do so, one should be knowledgeable about the subject. In a previous blog, you learned about the differences between wills and trusts in an estate plan.
North Carolina is no exception to the nationwide trend: an increasing number of couples are choosing to divorce later in life. Indeed, over the past 25 years, the rate of divorce for Americans over 50 has grown by more than 100 percent. This change has come even as other age groups have seen their divorce rates fall or remain steady. Indeed, 25 percent of all divorcing Americans are age 50 or over, while that number was less than 10 percent in 1990. While older couples who remarry are more likely to divorce, over half of all of these "gray divorces" involve people married for more than 20 years.
North Carolina students who are getting married might want to consider a prenuptial agreement. While couples rarely want to think about the possibility of divorce while they are planning a wedding and students might think they have too few assets to make a prenup worthwhile, there are several advantages of these agreements for students.
There are steps that high-asset couples in North Carolina who are ending their marriage can take to make the process less difficult. The world's richest man, Jeff Bezos, exemplifies this in the statement he released with his wife about their impending divorce that emphasizes cooperation.
When you are considering a divorce, part of preparation is researching your options. One you likely have come across is mediation. The goal of this approach is to put you more in control of your divorce and make it a more efficient process. Mediation does this by providing a neutral facilitator who helps you and your spouse communicate and compromise outside of court, costing you less time, money and emotional distress.
For the most part, individuals in North Carolina tend to marry or enter into relationships with those who are roughly the same level of attractiveness. This can be a good thing as those who marry people who are more attractive than they are could be at a higher risk of divorce. There are two main reasons for this, according to researchers.
Divorcing parents in North Carolina want what's best for their children. When it comes to child custody, many couples have questions about the arrangements for their kids. While mothers are often awarded full custody, there is a lot of evidence to support the fact that dads are just as important as moms.