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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...
Divorcing parents often encounter incorrect information from well-meaning friends, posts on social media or internet forums or poorly researched articles online. Unfortunately, the wrong information can lead to bad decisions during custody negotiations. One common...
Financial transparency is not just ideal during a divorce. The law requires it. Yet, hidden assets pose a significant threat to a fair settlement. If your spouse suddenly changed spending habits or stopped talking openly about money, they may be attempting to conceal...
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...
Divorce discovery has traditionally focused on each spouse’s bank statements, tax returns, real estate records and retirement accounts. Today, however, a family's financial life may extend far beyond those familiar documents. Cryptocurrency, online businesses, payment...
Yes, even if you signed a prenuptial agreement, there may be ways to dispute it during the divorce process. In some cases, it will turn out that a prenup is invalid, so it does not have to be followed when addressing property division. One example could be if you were...
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...
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...
If you are moving toward divorce, you are likely going to do a close analysis of your financial situation. You need to disclose your financial assets to the court. This means gathering electronic records from bank accounts, investments and much more. While you do...
When a couple gets divorced, they often focus on how to divide marital assets. These are things they own jointly or income they have earned during the marriage, for example. But it is also important to remember that debts must be addressed during a divorce. Debt does...
