Modern Reasons to Get a Prenuptial Agreement
When prenups first became popular, they were often seen as a weapon by which wealthy spouses took advantage of less sophisticated (and less wealthy) partners. Therefore, it’s not a surprise that so many people today have an instinctively negative reaction when they hear the term “prenuptial agreement.” To make it worse, it seems like every week we are hearing about another messy divorces amongst celebrities and their high-stake prenups. As mentioned in Wendi Schuller’s new book, The Global Guide to Divorce, prenups can be crucial to your “happily ever after”, whether you stay married or get a divorce. The Global Guide to Divorce also relays that marriage and divorce is evolving with the times. Modern-day marriage is not only a romantic relationship, but is also a business partnership. In fact, marriage throughout history has been an arrangement of sharing property, while the romantic aspect of marriage is a relatively modern development. Similar to a true business partnership, prenuptial agreements are used to protect both spouses. The divorce attorneys in Scottsdale suggest prenups for people in their 30s or older with any substantial assets, children or a former spouse. Prenuptial agreements are particularly useful for people who are entering into a second marriage. In the case of remarriage, one or both spouses may already have significant assets, and may want to arrange that family members from the first marriage inherit property and assets. Modern-day couples are obtaining prenups for five main reasons: Spouses who have children from a prior marriage are often concerned about their future financial protection. A prenuptial agreement can be used to ensure your children (and your spouse) will be taken care of as you wish, if something happens to you. A prenuptial agreement can protect against joint liability on individual debts. For example, if a spouse owns…
Starting a New Business Post-Divorce
Divorce brings changes into one’s life with the opportunity to embark on a new career path. You may decide to train for a different field which you are passionate about. Plenty of people have opened cafes, boutiques or became entrepreneurs. The trick is not to jump into starting a business without doing the groundwork first, no matter how exciting your idea is. Do market research to see how feasible your idea is and to determine your target group of consumers. Some hire a professional to analyse the competition and if the product will fulfil a need. They will look at demographics and suggest a location if it is to have a physical place. Make sure you found a niche or are presenting something in a unique way, whether online or not. For example, if you dream of making cakes and the result of a market analysis shows there are already two shops selling them, do it differently. Perhaps produce luscious cupcakes and traditional European cookies in a coffee house setting for better sales. Write a detailed business plan. This includes determining the cost of each unit, where it will be made and logistics, such as the shipping from a factory. Will you make a product yourself or hire staff? Think about web site design, start-up costs, how you plan to market it and cover all aspects of your business. Globally there are charities which help budding entrepreneurs write a business plan or mentor when getting started with a business. There are templates online to help one with this task. Banks will need to examine your business plan to decide whether to give a loan. Will you be selling online exclusively or is there a possibility of wanting a store? Sort out your financial situation. Can you cover the start-up yourself…
Ways to Make New Friends after Divorce
It is a blow to lose friendships that you thought would last forever. Some close ones may have initially been your girlfriends and then you went out as couples with spouses. To have these pals align with your former spouse is a surprise. Look at it this way, divorce lets you know who your true friends are. How do you fill these vacant positions? MeetUp.com is global and has many groups for varied interests. I am in the local girlfriend’s one, ages 40s to 60s. We go to restaurants for lunch or tea, happy hour, lattes or whatever. These women are well-travelled, intelligent and a lot of laughs. My divorced buddy is in the hiking group. Some larger cities have divorced and single parent groups in MeetUp.com Join special interest groups to encounter like-minded people. You may develop a friendship which deepens into love and then marriage which has happened to a few divorced people that I know. These groups may be political, civic, for a particular cause such as animal rescue, or in many other areas. Some churches have singles’ groups which do a lot of fun activities. I joined an international organization, Toastmasters, which has the added bonus of enhancing my career and boosting personal confidence. Ask your friends to invite their other friends and you do the same. Meet for Happy Hour, get together at someone’s house or at some event. This is a way to get to know others who may have similar interests since you have friends in common. 4. Your workplace may have a potential pool of new friends. See if some co-workers would like to go out to lunch or after work. You may work in IT with not much partying. The sales team for example, may be very social and have plenty…
How to Achieve an Amicable Divorce
A key piece to having an amicable divorce is what is happening pre-divorce. If discussing whether or not to part-ways, do it in a calm manner without assigning blame. Use I statements to describe your feelings and unhappiness with the marital situation. Respecting each other is the cornerstone of having an amicable divorce. If you are the one delivering the news, try to have compassion for your spouse and do it in a gentle way. Think about what brought you two together in the first place and what characteristics that you like about them. This helps in seeing the big picture where divorce is part of what happens in your relationship, but does not end it. Some couples become better friends after divorce, especially when the process is conducted with integrity. Select a friendlier type of divorce such as mediation or a collaborative one. Litigation in court is adversarial where one spouse is pitted against the other one. In mediation or collaborative divorce, the spouses and their legal representatives work together as a team to accomplish splitting assets and finalizing the marital split. Gov.uk has much information online regarding divorce and needed forms. It is possible to find online companies who provide guidance and a divorce kit for what is required by the court for spouses who want a divorce in this manner. Some spouses want a DIY divorce to keep things simple. Choose what is most comfortable for you. Discuss how the divorce papers will be delivered to the other spouse if applicable. This can sabotage having an amicable divorce when they are served to a spouse in front of their boss or clients. Receiving divorce papers can be a shock, even when following a discussion about separating. To keep divorce amicable there is give and take. Negotiations are…
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