The acrimonious and expensive divorce of former New York Mayor Rudy Giuliani and his wife Judith has been making headlines for more than a year. It seemed like the two would never be able to agree on how to divide their wealth. However, according to Mrs. Giuliani's attorney, they finally have done so.
As kids grow up, it's only natural that they want more freedom and responsibility. This can include the ability to stay home alone, go to and from school, the library or store on their own, have their own cellphone or use kitchen appliances like the oven without adult supervision. As kids get into their teen years, they'll continue to test their boundaries.
If you're in a custody battle with a co-parent who's seeking primary or sole custody of your children, you may not be thinking or acting rationally. You may be consumed by anger that your fitness as a parent is being challenged.
Most parents agree, as do many parenting experts, that it's typically best when divorced couples share in the parenting responsibilities. However, if divorcing parents aren't able to arrive at a custody and visitation agreement on their own, they have to turn to the courts.
Divorcing parents of teens often face the challenge of ending their marriages just as their children are entering into their first romantic relationships.
Divorcing parents who have multiple children may believe that they have to deal with more challenges than couples with just one child. After all, they have to help kids of different ages cope with all of the changes to their lives and work out a custody arrangement that considers all of their needs and schedules.
When couples with children divorce, the parent who gets primary custody often tries to remain in the family home so that their children don't have to leave their school, their neighborhood friends and so much else that's familiar to them. However, that's not always financially feasible.
If you and your spouse-to-be have waited to tie the knot until you were established in your careers and perhaps even bought your own homes and have healthy savings and investment accounts, you're not alone. Many Americans don't even begin considering marriage until they're well into their 30s or older. Many more marry for a second time with far more assets and responsibilities than they had the first time around.
Once you and your soon-to-be spouse decide in favor of creating a prenuptial agreement, it's time to turn your attention to the details you'll include.
If you didn't get around to creating a prenuptial agreement, regardless of the reason, you may want to consider a postnuptial agreement -- widely known as a postnup.