Couples who go through a divorce have to divide all of the marital assets during property division process. For many marital assets, this process is fairly simple and can happen without a lot of extra work. Retirement plans are one notable exception to this because they require you to have a special order if they are going to be split.
It is often said that you can't move forward until you address the past. This applies to many areas of your life. One of these is your divorce and child custody. How amicable your divorce is can have a direct impact on the child custody relationship you will have moving forward.
You might think that you will automatically receive alimony when you divorce, especially if you were a stay-at-home parent. This isn't necessarily the case. There are several factors that come into the picture to determine what type of spousal support you might be eligible for.
When you are married and both spouses are working, you likely have a good handle on the financial matters. This is probably going to change if the marriage falls apart. When that happens, you will have to take a look at your finances and determine how you can make ends meet. This might seem like a big challenge at first, but if you take it one step at a time, you will soon find that you have a tangible plan for your money.