If you get divorced, one step that you need to take is to divide up your marital debts. Along with splitting up your assets, it is important to take stock of what financial obligations you have and determine how that debt should be split between the two of you. When...
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Can your spouse claim part of your inheritance in divorce?
Your parents left you money or property to provide financial security. But as you face divorce, you may worry that your spouse could receive part of that inheritance. In New Hampshire, receiving an inheritance in your name alone does not automatically protect it from...
Can a bonus paid after divorce count as marital property?
A bonus that arrives after your divorce is final may still relate to work you did during the marriage. In New Hampshire, the payment date alone may not settle whether the bonus belongs in the property division. The award terms, work period and wording of your final...
How financial abuse in marriage can affect your divorce
Financial abuse can make it difficult to leave an unsafe or unhappy marriage. When one spouse controls the household finances, restricts access to bank accounts, hides assets or creates debt in the other spouse’s name, it can cause more than financial stress. The...
How collaborative divorce can help protect children from conflict
Divorce is often difficult for everyone involved. However, children often feel the effects of parental conflict more deeply. Even when both spouses agree that separating is the right decision, disagreements about parenting time, child support, property division and...
What happens to an equally owned business in a divorce?
On paper, an equal 50% business partnership with your spouse looks uncomplicated. It may seem that each person should simply walk away with half of its value after a divorce. But dividing a business is hardly that simple. The company may provide one spouse's primary...
What happens to retirement accounts in a divorce?
Retirement accounts can be among a couple's most valuable assets. During a divorce, that can make them an important part of the property-division process. The state addresses retirement benefits under its property-division law. However, that doesn't necessarily mean...
How does a business owner’s income affect child support?
You spent years building your business, and now a divorce puts its finances under a microscope. Those numbers help decide how much child support you pay, and for an owner the math is rarely simple. A salaried parent has a paycheck that is easy to measure. A business...
What happens to multiple homes in a divorce?
Owning several homes can make a divorce more complex. You may need to decide whether to sell them, have one spouse keep a property or divide the homes between you. Each property may have a different value, debt and cost of ownership. Emotional ties can make these...
What is a default divorce judgment?
A default divorce judgment can be used when only one party is cooperating with the divorce process. They may file paperwork with the court asking for a specific child custody schedule, for example, or a certain division of assets. Under a default judgment, the court...
