Life Changes 2012
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Marriage and divorce. When it comes to the convergence of emotion and money, those two events not only define our quality of life but also our standard of living. For this and other reasons, we decided to focus our 2012 edition of "Life Changes" on marriage and divorce — and money.
Marriage
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If you're short on time and patience, it might be worth the money, but if you're the decisive type you can go it alone and find almost everything you need through the Internet.
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That little bundle of joy is going to require a wad of cash. The cost of raising a child from birth to age 17 has surged 25 percent over the last 10 years.
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Marriage is full of financial surprises, and, for those considering it these days, there's a new one — married couples are nearly six times as likely than single taxpayers to trigger the AMT.
Divorce
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Not only are people getting better at picking the right partner, couples are also becoming increasingly comfortable with the ebb and flow of incomes in their relationships.
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"Look for a lawyer the same way you would look for a surgeon — as if your life depended on it,” says a New York attorney who has handled some high-profile cases.
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If you think providing for your children after divorce is basically about diapers, dentistry and diplomas, you're in for a life of surprises. Consider everything and work them out to avoid explosive issues down the road.
Slideshows
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Divorce. Your world is falling apart emotionally and financially. Even if you saw it coming, you were unaware of the financial ramifications. Here are 10 tips to avoid unnecessary financial hardships during a breakup.
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So, what are the biggest divorce settlements and who has paid the most? There have been several in the past 12 months. Check out the list.
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The entertainment community bears more than its fair share of shattered nuptials. Click to see which celebrities have been the unluckiest in love and racked up the most divorces.