When you marry a person with children, the kids often become very much your own — particularly if their other parent is no longer a part of their lives. However, being a stepparent is not a legal role. You have no legal rights or responsibilities regarding those children.
If you have a child or other loved one for whom you're responsible who has a physical and/or mental disability, you likely are concerned about making sure that they receive the care they need if they outlive you. That means making sure that there's money available for that care. Special needs trusts are generally the best way to do that. They can also help protect your loved one's own money as well as government benefits while you're still alive.
Divorce can have a devastating impact on your credit and your financial situation as a whole. Sometimes, spouses pile on debt to joint credit cards on their way out the door. In other cases, people who relied on their husband or wife to make all the financial and investment decisions learn too late that they were reckless with that money. Divorced spouses can find themselves with more debt than they can pay off and credit scores so low that moving on with their life can be extremely challenging.
If you're a divorcing or divorced parent who has struggled with alcohol, you may believe that your chances of being granted shared child custody or even unsupervised visitation are slim to none. That's not necessarily true. Whether you and your co-parent are determining custody as you divorce or you're considering seeking a modification of the child custody order months or years later, it's important to know how your history with alcohol will impact your case.
When facing a number of financial struggles, many people in Tennessee want to get out from under their debt as quickly as possible. However, due to negative reputations of many debt relief options, like bankruptcy, you and numerous others may continue to slowly chip away at outstanding balances that only seem to grow.