A divorce is often one of the most difficult processes a person can go through. It can be emotionally, mentally and financially draining, and it can raise a lot of questions about the division of assets and liabilities. People who are going through a divorce in North Carolina might have questions about how property is likely to be divided. If one or both of the parties has student loans, the division of that liability can complicate the proceedings.
If you recently learned that divorce is in your future, you may wonder about how you should tell your kids about this news. Planning an important conversation like this can have many facets. For example, you might wonder when should you tell them, who should participate in the conversation, what they might understand and what you should expect from the conversation.
The divorce rate of couples 50 and older has rapidly increased in recent years. This means that after 20 or 30 years of marriage, couples are now splitting finances. If you have been saving and investing together for so many years, dividing finances may be difficult. Here are some tips on how to protect yourself.
Many people in North Carolina rely on food assistance from the Supplemental Nutrition Assistance Program or SNAP, formerly known as food stamps. This government program serves an average of 40 million people across the country, helping them to make ends meet and receive assistance with basic nutrition needs. In many cases, SNAP recipients are single parents raising their children. Around 37% of children living in single-parent families are also living in poverty.