Divorce is a difficult prospect, even when spouses have addressed emotional issues that exist between them. The practical concerns of dividing properties, assets and accounts are hard enough even at the best of times. This is why many professions working with divorce have specialized training or practices focusing on these practicalities.
New Hampshire is around the middle of the pack when it comes to divorce rates by state. As a result, there's nothing about life in the Granite State to say that it either encourages or undermines relationships between people. Lately, however, it has been higher than average, with a divorce rate of nearly 12 percent compared to the national average of just under 11 percent.
It is the responsibility of both of a child's parents to financially support their child, even if they are no longer married. The custodial parent meets this obligation by having the child primarily in their care, and the noncustodial parent meets this obligation by paying child support per a court order.
Home may be where the heart is, but, when a couple's marriage is on the rocks, it can be a point of contention. During the divorce process, spouses in New Hampshire will need to divide their assets, which can include the family home. Some people may wish to stay in the place where they are familiar, especially if they have children, while others may want to leave the past behind them and set forth anew. It is important for divorcing couples to understand what options they have when it comes to property division and the family home.
Alimony can be an important tool for making divorces fair when the spouses are on unequal financial footing. It helps people move on into a new life without financial issues added to the emotional difficulties of divorce. The nature of alimony has often been unpredictable, and New Hampshire has just made it easier to understand how alimony is determined.
If you are headed towards the end of a marriage, it is easy to look on the bad side of things. It is hard to see during the process, but divorce can create a lot of space and opportunities for former spouses. It is easier to get to that peaceful and constructive space if a divorce is done consciously and carefully.
Married couples in New Hampshire may spend years or even decades amassing numerous assets. They may own a home together, automobiles, furniture, electronics, retirement accounts, bank accounts and more. However, if the couple decides to divorce, decisions will need to be made about how to divide these assets.
Many people in New Hampshire do not think about taxes much until April rolls around. However, for couples contemplating divorce, decisions made during the divorce process could affect how much they pay in taxes down the road. Therefore, it is important to understand how decisions made during the divorce process could affect their taxes.
Outside the legal realm, few people deal with divorce more than once or twice in their life. As a result, New Hampshire's new approach to spousal support during separation or after divorce may have passed below the radar of some of the people it may affect.
The end of a marriage can be difficult on a person, emotionally and financially. This may be especially true if one spouse earned much more than the other spouse while the couple was married, or if one spouse stayed out of the workforce entirely while married to care for the household. For this reason, the lesser-earning spouse may want to seek alimony (also called spousal support) from the greater-earning spouse as part of the final divorce decree. It is important, then, for residents to have a basic understanding of alimony laws in their state.