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Woodward Law Firm PLLC

November 2018 Archives

The value of being a good parent after divorce

The typical marriage has about a 50/50 chance of ending in divorce. When a marriage ends, it can have an impact on both children and parents alike. Therefore, it is important that Oklahoma parents are able to get past any issues that they have with their former partners and focus on the needs of their children. Generally speaking, children will model the behaviors that are passed down from their parents.

Handling Your Retirement During Divorce

You’ve worked hard for your career. You rely on your paycheck to pay your bills. A portion of your paycheck also contributes to your retirement fund. When the time comes, you will rely on your retirement plans to pay your bills.  Now that you and your spouse have decided to get a divorce, you worry about your financial stability and financial future.

Exploring the many reasons couples may opt for a prenup

Some couples preparing to tie the knot in Oklahoma are still under the assumption that a prenuptial agreement is only something for celebrities and wealthy individuals. In reality, prenups are simply an agreement between two parties stating how assets will be divided if a divorce occurs. Without such an agreement, property and asset division post-divorce is governed by the state. Some states require a 50/50 split, while others go by equitable distribution - division based on what each individual earned or acquired during the marriage.

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