Category

Property Division
While it is a short question, the answer regarding whether you are ready to divorce is undoubtedly complicated. It isn’t just a legal decision. It is an emotional decision for many people. It is a decision the impacts your kids. It is a decision that significantly impacts your finances. Jeff Landers is a financial advisor...
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Dividing marital property during a divorce can be an extremely complex and frustrating process. Occasionally, divorcing spouses make it through this process agreeing to maintain joint ownership of certain assets after the marriage ends. Joint ownership of property after divorce can be applied to the marital home as well. For whatever reason divorcing spouses choose to maintain joint ownership...
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Deciding how property should be divided during divorce can be an extremely tricky situation. Many times divorcing spouses and their attorneys can work out a settlement agreement that addresses all the aspects of property division. And while settling on property division may help keep the process moving along, some decisions made hastily may not always...
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If you are like most American families, you probably have a vehicle for every licensed driver in your household. In fact, having two vehicles is almost a necessity and somewhat the standard for most married couples. In the event of divorce, however, married couples may be questioning who gets which vehicle. This might make property...
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Many couples begin the divorce process with some misconceptions about property division. In most cases, property division is a pretty straightforward process. However, there are certain aspects of some marriages that can make the process a bit more difficult. Regardless of how informed and confident you feel about the divorce and property division process, it...
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Divorce is the last thing that many seniors want to worry about, yet late life divorce is a growing trend. At a time where the main concern is estate planning and retirement, thousands of seniors are opting to take on their golden years single. Although this growing trend may not have too much of an...
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Occasionally, divorcing spouses are in agreement about the dissolution of their marriage. While it isn’t extremely common, some couples can even agree on custody, spousal support and property division. Many times financially related issues like spousal support and custody are based on specific income information and a percentage which may allow them to be decided...
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Generally speaking, an inheritance received by one spouse during a marriage is not subject to property distribution in divorce. Even though each state has its own laws regarding how it is viewed in divorce, typically inheritance received both before and during a marriage is not affected by equitable distribution. Although most states agree that inheritance...
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Marital waste is the product of a spouse’s intentional efforts to waste or spend marital assets. Marital waste can come in all forms including money spent on affairs, gambling or even poor business decisions. One spouse may wish to recoup the assets wasted by the other during the divorce process. To do so, they will...
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Some lucky couples receive generous gifts from one of their parents upon matrimony. Often, these gifts go toward the purchase of their marital home. In the unfortunate event that couples find themselves filing for divorce, that generous monetary gift may turn into an arguing point during property division. If one set of in-laws gifts an...
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