Tyre & DeThomas

02/21/2024

Divorces in the U.S. have been declining over the past decade, though the divorce rate saw an increase of 3.6% between 2021 and 2022, according to the most recent census data. The rates also vary significantly between states.

Happy Valentine’s Day, America. Your divorce rates are ticking up.

02/09/2024

How retirement accounts are divided in a divorce depends on factors such as the type of account and when it was established. To safeguard your retirement interests, seek the advice of an experienced attorney and consult with them before finalizing any agreements with your spouse.

02/08/2024

Data shows that divorce for Americans age 50 or older has surged in recent decades. So called 'gray divorce' presents unique challenges, but with proper legal guidance, they can be effectively addressed.

The divorce rate has doubled since 1990 for Americans over 55. And in financial terms, few "gray divorcees" are better off.

01/27/2024

Prenups are signed agreements between couples prior to getting married that outline what will happen to their money and other assets if they divorce. Postnups are similar agreements, only after the couple is legally married.

Prenups and postnups are not just for the wealthy, said Deveney Wells-Gibson, a San Diego-based lawyer. They're for anyone considering marriage

01/25/2024

As mortgage rates soared from historic lows during the pandemic to two-decade highs at the end of 2023, the question of who walks away with the lower rate in a divorce has increasingly become a source of tension.

Separating couples are turning to unconventional methods, including living in the basement, to keep their low mortgage rate.

01/06/2024

Child custody proceedings can be emotionally charged and legally complex. The attorneys at Tyre & DeThomas, P.C. provide comprehensive guidance to protect your parental rights and establish arrangements suited to your child’s needs. Visit our website to learn more. https://www.ryelaw.com/

12/30/2023

If financial hardship is keeping you from meeting your child support obligations, it's important to ask a judge to modify your support order. A family law attorney can often work with the custodial parent and a judge to help you reduce your payments.

12/23/2023

Getting divorced can have financial implications for how you file taxes. One question you might have is whether both of you can claim head of household if you maintain separate residences but share children. IRS rules specify that to claim head of household, your child must live with you for more than half the year.

Getting divorced can have financial implications for how you file taxes. One question you might have is whether both of you can claim head of household if you maintain separate residences but share children. The IRS allows legally separated or … Continue reading → The post Can Both Divorced Pare...

12/15/2023

Prenuptial and postnuptial agreements can help set parameters for what happens after you and your spouse go your separate ways. Postnuptial agreements, which are obtained after your married, have the potential to be more complex, because after marriage couples might have co-mingled money or acquired joint assets.

Though lawyers strongly recommend prenuptial agreements, postnuptial agreements are an option.

12/14/2023

Handling the separation of car insurance is often one of the final steps to a divorce. Get through this transition and hopefully you can start looking forward to a bright future very soon.

Separating car insurance after a divorce requires asking your insurance agent a few specific questions. Below, learn the important factors you need to consider when separating car insurance after a divorce.

10/26/2023

Selling a house during a divorce can be complex, but there are options to consider such as selling outright, selling to one spouse, co-owning, or gifting to family members. Working with experienced professionals is crucial to navigate the process smoothly.

Selling a house amid a divorce can make a complicated situation even more complex.

10/12/2023

A divorce isn’t just an emotional challenge, it’s a logistical one, too. But while you’re sorting out who gets what, it’s important to make sure that you’ll be able to land on your feet financially and won’t be saddled with your former spouse’s debt.

A divorce means splitting financial assets, but credit scores are not shared. Here's how to protect your good credit or build credit in your own name.