For parents who have divorced, one of the most important elements of the divorce settlement is the child support obligation. It is important to the parent who receives the payment, to help with the cost of raising the child, and it is important for the parent making the payments, as child support obligations are virtually impossible to eliminate and can have damaging consequences if you fail to make those payments.
Marriage is often said to be a journey. With many things, practice makes perfect, so you might expect with couples who have been married 15-, 20- or 30-years, that they would be unlikely to divorce after that amount of time, as they would have figured out how to maintain their relationship and their marriage.
Technology can do a great many amazing things. You can "face time" with a friend across town or in Europe or Asia. You can watch movies and television on your phone anywhere with a cell connection. You can post to your Facebook page and receive nearly instantaneous replies from people all over the world.
The next issue is how to cover the expense of buying out your spouse's interest. You may need to liquidate some assets to buy their interest or perhaps trade assets. For this, you want to make certain you have the assistance of the necessary legal, tax, and financial advisers to prevent mistakes and ensure you understand all of your costs for this transaction.
Divorce can bring many unexpected changes in your life. If you and your spouse have children, the change to your life while working through the parenting plan will likely be profound. The handoffs of your children every week, not having your kids on birthday's or holidays, the cost of child support and the expense of a new home or apartment will all mean next year will feel very different from last year.