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.
Divorce is one of the hardest and most stressful experiences through which a person can go. The biggest challenge in a divorce, however, is taking care of the children who have fewer options as their lives are turned upside down. Knowing the options can make things easier for the whole family.
Divorce has a negative connotation whenever it is brought up. The thought of divorce is often accompanied by shame, failure, depression, anger, bitterness and resentment. These are extremely powerful negative emotions to be carrying around inside of you. If you are going through a divorce, you know that it is not easy to disengage your mind, finances, living situation, and future from whom it was combined with.