Is it common for divorced couples to live together?
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Is it common for divorced couples to live together?
It is not uncommon for a divorced couple to reconsider their decision and reconcile. In some cases, a couple may opt for living together after divorce. These couples, who are divorced but living together, mutually share the responsibility of parenting their kids outside their marriage.
What classifies as abandonment in a marriage?
Abandonment means that one spouse has left the other without consent, but like adultery proving desertion means more than that a person left home without the consent of the other spouse. Many times spouses abandoned marriages because they could not get a divorce any other way.
How is stock divided in a divorce?
For instance, if 100 shares of stock are part of the marital property to be divided in half, one party gets 50 shares and the other party gets the remaining 50 shares. The IRS allows divorcing spouses to each keep the same cost basis and holding period for an investment they already own.
Can a health savings account be divided in a divorce?
HSAs are actually handled like IRAs in a divorce. Interest in an HSA can be transferred between spouses as part of a divorce or separation agreement. It is not considered a taxable transfer, and the interest that is transferred keeps its identity as an HSA for the receiving spouse.
