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Family Law Archives

Getting kids ready for a new school year post-divorce

Any new school year can contribute to some degree of apprehension for children in Tennessee in any grade level. For children suddenly splitting their time between two homes following a divorce, the school-related anxiety level can understandably be a bit higher. One solution is for former spouses to use the time prior to the start of a new school year to get on the same page with how everything from extra expenses and early dismissals to homework and school schedules will be handled.

More Americans over 50 are headed for divorce

In Tennessee and across the country, divorce rates have stabilized or even declined for Americans across nearly all demographics. While this trend has been widespread over the past 20 years, one demographic group has seen a dramatically different trend -- people over the age of 50. Since the middle of the 1990s, the divorce rate among spouses over 50 has more than doubled. These separations are referred to as "gray divorces," and today, approximately 25 percent of all divorces can be characterized as "gray."

Retirement assets require special attention during divorce

Retirement assets frequently form the largest pool of cash that divorcing couples in Tennessee need to split. According to a recent survey by the American Academy of Matrimonial Lawyers, retirement accounts represent the second most common issue that divorcing couples fight over (alimony is No. 1). Even in amicable divorces, the parties need to pay close attention to the details when dividing the funds to avoid early withdrawal fees and high income taxes.

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