The main reason for this is whole life insurance can be cost prohibitive, especially in
the situation of a divorce settlement or a decree.
Not exact matches
By getting your finances and personal
situation in order and by starting the planning process for ending your marriage early, you can help to facilitate a fair and expedient
divorce that results in a reasonable
settlement for you and that doesn't drag on for months
of expensive and emotionally draining battles.
Of course, an uncontested
divorce is only possible in
situations where the parties are willing to cooperate with each other and come to a full and complete
settlement agreement an all issues.
The decision to ask for life insurance is something that you will want to discuss with your lawyer to be included in part
of the
divorce settlement if it makes sense in your
situation.
These areas include: actions for
divorce, child custody and support, division
of marital property, negotiation and preparation
of separation and property
settlement agreements and issues involving visitation, to provide skilled, caring and innovative solutions to the issues involved in your
situation.
Clough & Willis Solicitors are based in Bury, Manchester and the specialist Family Law team at Clough & Willis have extensive experience in
divorce law, maintenance payments, financial
settlements and child custody and can advise on all aspects
of your
situation.
This individual will review the impact
of your legal choices in the
divorce on your financial and tax
situation, especially in regard to a
divorce settlement offer.
The exact makeup
of your collaborative
divorce team will depend on your specific
situation but may include
divorce coaches, child development specialists, mental health practitioners, financial planners, and others whose input could be utilized in negotiating a
settlement.
Whether you require preliminary legal advice, have recently filed for
divorce, or face ongoing post-judgment issues, our team
of experienced family lawyers can assist you in resolving your legal matter through negotiated
settlement, the collaborative process, mediation or litigation as dictated by your
situation.
Scholz says the whole
situation has become «like
divorce» with both sides entrenched in positions; unless the minority owners capitulate as their costs rise, he can» see a resolution outside
of a court
settlement.