Many articles on marital contracts these days (prenuptial and postnuptial agreements) get straight to the point stressing a couple important details.
When you get divorced, your future depends upon a fair property settlement. In turn, that settlement hinges on many factors, including proper timing.
Divorce attorneys will often advise clients to mediate their disputes. The process has its advantages when it works, but it won’t always work. There are many cases in which mediation might simply cost you more money before your divorce lands in the courtroom—as it was always going to.
Divorce is rarely easy. The fact is it may be one of the hardest things you'll ever endure. It can be stressful, depressing and expensive. But it doesn't have to be fully as bad as people commonly make it.
A divorcing couple recently asked an arbitrator to answer a difficult question: what happens when a husband wins the lottery while going through a divorce with his wife?
Digital assets are a part of our everyday life. These assets can range from social media sites to online banking accounts. Whether the account provides a fairly innocuous financial benefit or is a sizable asset, it is important to account for our digital belongings when navigating a divorce.
Most anyone in the high-income bracket isn't there because they are lucky. They tend to know what it takes to maximize revenue potential and minimize financial liabilities. In some cases, this might mean following strategies to hide assets from public view.
Division of assets during divorce can result in contention. This portion of the split involves a careful review of all assets and debts. The divorcing couple must take every marital asset into consideration or else find themselves dealing with surprises after the divorce is finalized. These issues can be mitigated by knowing some common issues.
Business owners must tread carefully when it comes to the division of assets during divorce. It is very likely that some or all the business assets qualify as marital property. As such, the business could be subject to division.
When high net worth couples in Michigan decide to file for a divorce, one spouse may go to great lengths to conceal some assets. This is often done because one spouse feels specific assets belong to him or her, and should not form part of the property distribution process. In some cases, secret financial activities, bank accounts and investments were concealed throughout the marriage. In any divorce, both spouses have the right to a fair settlement.