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Divorce & Dividing Debt

Novelist Margaret Atwood wrote, “A divorce is like an amputation: You will survive it, but there’s less of you.” Often, there will be less of you financially after a divorce. But beware: You could end up with more debt than you bargained for. How? If you trade an asset to your soon-to-be ex in exchange … Read more

Spousal Support in Arizona

Spousal support (alimony) is money paid by one spouse to the other in order to assist the recipient spouse achieve financial independence, if possible, and to recognize the recipient’s contributions to the marriage. It is not meant as a “parting gift” or “reparations” or a “good sport award” to reward a spouse for enduring a … Read more