When couples plan to grow old together, that usually means putting money back in retirement accounts. If you end up getting a divorce, however, one of those retirement accounts may have to be split -- especially if one spouse stockpiled significantly more than the other (which isn't uncommon).
Money can not only be a problem in many marriages, it can also be an issue in a lot of divorces. Some couples seem to end up fighting over every dollar, while others somehow manage to come to a fairly amicable split.
Do you have a joint credit card with your spouse? You're far from alone if you do -- but it's important to address that issue early if you're planning to get divorced, so you don't end up with any unwelcome surprises.
A few decades ago, you never heard of a mediated divorce. Couples who were splitting up pretty much agreed to all the terms, or they fought it out in court through litigation.
Money woes are often cited as the reason that many couples end up splitting apart. However, it isn't necessarily a lack of money that drives people to divorce. In fact, the real root of money problems in marriages can be surprisingly complex.
One of the biggest parts of any divorce process is the division of assets and debts. Unfortunately, many times one spouse (or both) may be somewhat unaware of the other spouse's financial dealings. That's why the court requires both parties to put all their "financial cards" on the proverbial table before the divorce can be settled.
In the modern age, divorce can get tricky. The emotional aspects of a divorce are, naturally, difficult -- and dividing tangible goods can always be problematic. But it can really get rough when couples start to try to figure out how to handle digital assets like credit card points and airline miles.
The longer a couple is married, the more they tend to acquire together -- so it's hardly surprising that the billionaire developer Harry Macklowe and his wife had amassed a lot of assets in their 57 years together.
You're a creative individual with a lot of passion and drive, so it's no wonder that you attracted someone else with similar characteristics. Now, you're about to be married to a person you can absolutely see as your lifelong partner both in business and in your private life.
Prenuptial agreements are no longer considered an uncomfortable subject and only for the uber-wealthy.