It's a well known statistic that roughly half of all marriages end in divorce, and an even higher proportion of second and third marriages. What fewer people realize is that when the possibility of divorce materializes into a reality, timing can make a big difference in how things settle out.
Any of our Colorado readers who have gone through divorce are aware of the impact this process can have on their finances. If you are in the process of getting divorced, there is a good chance that your Social Security benefits will be impacted. This is one of the many divorce issues that you need to concern yourself with, ensuring that you don't find yourself in a bad position later in life.
For most people, the idea of $15,000 a month in child support is simply unfathomable. However, for celebrities, including professional athletes, this amount of child support isn't as uncommon. One Los Angeles Dodger player, though, is fighting a $10,000 a month increase in child support.
There are older married couples living in all parts of the United States. From Colorado to Florida, these people, just the same as everybody else, hope to remain healthy well into the future.
For more than a quarter of century, a bishop with the Episcopal Church has been in a same-sex marriage. He was the first openly gay bishop in the church and when he announced that he was gay, it came with much controversy. It was 2003 when he was appointed as bishop of the Episcopal Diocese of New Hampshire. The bishop's first marriage -- to a woman -- resulted in two children, but ended in separation in 1986.
There are baby boomers living in states all over the country, from Colorado to the east coast and everywhere in between. While some couples in this age group will stay together until the day they die, others begin to contemplate divorce at some point.
When many couples with children begin to think about divorce, the thought of raising their kids in two homes is frightening. Some worry that being a single parent will be too hard and decide to stay in an unhappy marriage. That's not always the best choice. It's no lie that single parenting can have its moments when a parent might think he or she simply cannot cope. However, there are plenty of single-parent homes where the kids are well-adjusted and a parent can feel as though he or she can tackle almost anything.