When parents go through a divorce, there is a tremendous impact upon their children. Kids are often confused about why the marriage is failing, and they may even think that they caused these problems.
Like many individuals, you likely consider military service a great duty and honor. While true that military service members should garner respect and gratitude for their actions and devotion to our country, these individuals and their spouses often face considerable stress within their marriages for a variety of reasons. Though the stress and other issues may lead to the end of your marriage, going through divorce as a military family does not have to prove overwhelming.
If you are considering divorce or are in the process of a divorce, you will know that you and the other party will soon be ex-spouses, but you will never be ex-parents. Like most parents, it is likely also important for you and your ex to maintain loving parent-child relationships with your kids after your divorce. Drafting parenting plans is not a simple task of dividing the days and the holidays equally. Parents must consider the age of each child, his or her psychological needs and temperament.
Assets get more and more complicated the deeper you look. In splitting marital property the suggestion is a 50-50 share, but making an equitable division doesn't often work in the real world. Sure, you can split a pile of cash two ways, but a house or a retirement fund are different types of investments with different regulations. It's not just the value of a house on the market or the total of your Roth IRA, there are transaction fees and taxes that significantly alter the numbers on your statement.
We've already discussed Four Things To Do When Considering Filing for Divorce. These steps will help you determine you path, and if you've decided that divorce is imminent there are also a few financial preparations to take before you file and begin your single life again.
Agreeing to a parenting plan in a divorce settlement is a challenging task that takes time, negotiation and foresight. Even with all the what ifs and maybes that you address, new scenarios are bound to happen and the law is written to adapt and modify your agreement. For those in the military this flexibility is essential but you still want to build in some protection.
Pamela Anderson & Tommy Lee