Before your divorce case can begin, you must file a petition through the court and deliver it to your spouse. In most cases, you will also be required to file a financial statement that provides the specifics on your property, income, and expenses. Other documents that may be required include an agreement for settlement (if … Read more
Couples planning to divorce must determine the value of undivided real estate and other types of assets. Not every divorce ends in a 50/50 division of property. The division of community property involving a business entity jointly owned by the divorcing couple, shareholders, and investors can pose problems. Selling the business and splitting the proceeds … Read more
Divorce and the distribution of your real estate may seriously affect your future borrowing power. How the court divides your assets may depend entirely upon your state’s divorce laws. Especially in non-community property states, issues arise concerning the effects of divorce and acquisition of real estate on both parties, jointly and individually. Educate yourselves on … Read more
Being forced to leave the marital home during a divorce and pending real estate settlement is often traumatic. Some states offer protection for those in the midst of the division of marital real property. In those states, unless the court has reason to believe that someone else in the home is in danger, no one … Read more
In today’s market, many individuals opt to open a home-based business, form a limited partnership, or enter private practice rather than working for someone else. But what happens if they you decide to divorce? Couples who own these types of businesses but can no longer live together would do well to consult a divorce lawyer … Read more
States have their own laws when it comes to the division of property, especially in community property states. They may also have different divorce laws governing what is or is not marital property. What is NOT Marital Property Typically, the court does not consider these items as marital property: Gifts or inheritances received by either … Read more
Why Hire a Divorce Lawyer If I Can Use a DIY Divorce Kit? The cost of hiring a divorce lawyer causes some divorcing couples to ask, “Why hire a divorce lawyer if I can use a do-it-yourself (DIY) divorce kit?” Before you decide, you’ll need to evaluate whether DIY divorce serves your best interests. A … Read more
Many divorcing parents have serious concerns about the effects of custody and moving on their children. While divorce affects children of all ages, children in middle school and high school experience greater vulnerability. The idea of divorce generally affects children detrimentally, and as a result, moving to a new home, attending a new school, and … Read more
Two of the most controversial partners in existence are divorce and credit. Unfortunately, they often work hand and hand. As a result, credit problems may go unresolved without the assistance of a third party. Resistance to financial obligations frequently occurs during divorce, thus leading to future credit problems. The couple can minimize the problems if … Read more
Men face challenges after divorce, just as women do. While men’s difficulties tend to be different, some men have the same issues of financial stability, health, social interaction, and single parenthood with all that entails. Both men and women face financial challenges, sometimes including bankruptcy, following divorce. “In my experience here, I do believe there … Read more
