Three Things to Know if You are Considering a Divorce After 50
One of the most significant issues in a divorce later in life is the squeezed time frame to recover financially. A divorce means dividing assets with your spouse. Current market value is not the exclusive consideration of an asset. Some assets will become more valuable farther down the road. Deciding who gets the house is a primary example. Age triggers eligibility for tax exemptions and waivers for real estate tax. A reverse mortgage, which can offer a potential stream of...Read More
Custody (Parenting Time) and How It Can Be Divided
Parents involved in a divorce or parenting petition often have questions about custody issues, or parenting time. The questions generally concern what options are best in any given situation. This article summarizes the key points of the ways in which parenting time is divided. In New Hampshire the law is that there is a presumption that parenting time should be shared, in other words divided equally between the parents. In the past that equal division was called joint custody. It...Read More