When a spouse files for divorce, they take on several new challenges. Living and interacting as a couple can become strained and full of anxiety as spouses wait for court dates or to hear back from a lawyer. Over the last 20 years, many couples have found that using...
Year: 2020
What will the court consider when determining custody of your child?
Child custody can be one of the most contentious aspects of a divorce. While every parent wants to support their child and do what is best for them, it is also important for parents to know the factors that the court will consider when determining child custody. What...
When might you need a prenuptial agreement?
As you approach your wedding, you probably have many details to consider about your life together, from where you will live to what your family will look like. Another detail that you may wish to consider is a prenuptial agreement. When might a prenuptial agreement...
What is the Dissipation of Assets?
Finances and how each spouse handles money can be a constant source of stress in any marriage and may lead to divorce. While one spouse wants to save for retirement or a kids’ college fund, the other spends a family's money as if it burns a hole in their pocket or...
Tips for negotiating a divorce
There are many details to be considered and addressed when filing for divorce, but it is also smart to prepare for the negotiation process mentally. There are some important things to remember during a negotiation, whether it is sitting down with a spouse and your...
Refinancing the family home may make sense during a divorce
The process of filing for divorce involves a thorough assessment of a couple’s finances. Depending upon the family’s circumstances, it may make sense to refinance their mortgage if one wishes to remain in the family home. In some cases, it may even be an arrangement...
Fathers can strengthen their chances of shared custody
It is now common for courts to award joint custody to parents who divorce. This supports the belief that it is in the children's best interests to have both parents actively involved. Nevertheless, the mother may feel otherwise on this issue, and push for full...
Marrying an entrepreneur can lead to problems
Some fall in love with ambitious people. They likely found the trait attractive or even comforting, thinking that this partnership will be quite successful. At some point, they may have shifted direction, moving from an executive position at a company to starting a...
How to value a business during divorce
Dividing assets in a divorce are often one of the most complicated parts of the process. Because couples rarely split everything in half, the two sides go through a process of valuing everything so that they can arrive at a fair and equitable agreement. While this may...
Dividing student loans in a divorce
When people get a divorce, in addition to dividing shared property, they may also have debts that one or both people will be responsible for. The average age for a first divorce is 30, and this means that many people who are getting a divorce might have student loans....