2 Things You Should Know About Getting A Divorce
Posted on: 18 October 2017
If you are thinking about getting a divorce from your spouse it is very important that you educate yourself. You might think that because many people get divorced that the process will be simple. And in some cases the divorce is simple, but sadly in the majority of cases it is more complicated then the person intended. This is why it is important to know before hand what to expect. Here are some things you should know.
1. You Will Probably Have To Split Everything You Earned Together In Half
Assuming you don't have a prenuptial agreement, you will most likely have to split everything that you earned together in half. For example, if you have a retirement account, or a pension you should expect for both of you to get half. This is the case depending on what state you live in. In some states especially they split things down the middle without any exception. This is because the law is that if it was earned together, it belongs to both people. For instance, one spouse may have been the primary worker, while the other person may have be the stay at home parent. The stay at home parent may not have earned the money during that time, but they were doing equally important work for the family. And since the other spouse still enjoyed the work of the stay at home parent caring for the house and the children, both spouses are entitled to all money earned together.
2. One Parent Will Probably Have Physical Custody
In the majority of cases the couple decides on joint custody. This means that both parents have equal legal claim to the children, however one parent generally has the physical custody of the children, meaning that they actually have the children more time than the other parent. The physical parent may have them during the week, then the other parent takes the children every other weekend and part of the summer. If you don't have physical custody of the children you should expect to pay child support. The only way to get out of paying child support is to have the children an equal amount of time. You must care for the child just as much as the other parent. Otherwise, you will pay child support. However, the amount will be based on how much you care for the child.
By knowing these things you can be prepared for your divorce.
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