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Adult Children of Divorce: Legal Concerns Not In the Movies

Are you an "ACOD"? Life as an Adult Child of Divorce can be tragic but also "fluid, bizarre and at times, flat-out funny," according to Stu Zicherman, the director and co-writer of "A.C.O.D.," a new divorce comedy starring Adam Scott, James Lynch, and Amy Poehler.

The movie, which was filmed in Atlanta, takes a lighthearted approach in its examination of how divorce affects adult children. But from a legal perspective, the consequences can be anything but a laughing matter.

Here are a few legal issues adult children of divorce regularly face and what they can do about them:

Solutions for ACODs

With the potential loss of parental support and the family inheritance, ACODs should be their own financial advocates by doing the following:

  • Don't neglect your own finances because you're worrying about the 'rents.
  • Encourage a financial planning component to divorce talks, such as setting up a trust, dividing property and assets, and divvying up retirement funds.
  • Research long-term care insurance and focus your immediate efforts on the needier parent who has the lower earning potential.

Remember, as many as one in four divorces now occur between partners who have been married for 20 years or more -- like Danny Devito and Rhea Perlman, reports Reuters.

ACODs have it tough. If you can't laugh it off from a self-reflective comedy, maybe hashing out your options with an Atlanta family law attorney will help.

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