It often takes years of hard work and money to obtain professional licenses and credentials, but the payoff is typically higher salaries and more employment opportunities.
However, if you’re going through a divorce, it’s important to know whether your spouse has any claim to your professional licenses and...
Many divorces involve one or both spouses having valuable business assets and interests. When this is the case, these assets and interests must be evaluated during the accounting of assets. As you might imagine, the processes and methods involved in business valuations are typically more complex and involved than the...
During a divorce, the courts work hard to ensure that each spouse enjoys a post-divorce standard of living comparable to the standard of living during the marriage. To do this, judges need hard evidence of each spouse’s lifestyle.
Although the Statement of Net Worth and other financial records...
Divorce is a private and typically stressful matter. When the facts or details of a divorce get out, people face all manner of reactions and emotions, from stigma to personal guilt. Fortunately, divorcing spouses can protect the confidentiality of their divorce proceedings with a well-crafted non-disclosure agreement (NDA).
Child custody cases are frequently contentious matters. However, some divorces involving child custody issues are far more explosive than others.
These cases proceed down the same path as any other divorce or custody dispute. However, the high conflict involved can sometimes tweak the process. Parents involved in disputes...
An estate plan puts you in the driver’s seat and allows you to set plans for the future of your estate. But what if something happens, such as a divorce, that causes that future to change? A divorce essentially rewrites your future, which means your estate plan likely needs updating to...
Divorce proceedings seek to fairly divide spousal resources. However, some spouses engage in questionable financial behavior during divorce, such as reckless spending. This reckless spending leads to the dissipation of marital assets in what is usually an unlawful manner. Fortunately, the other spouse may have recourse.
Divorce rates fall as income increases. The rates level off at about $200,000 in combined income before rising again at about $600,000 in combined income.
However, having a high income does not guarantee that your marriage will succeed. Some issues happen universally, regardless of income. And every parent going...
If you’re considering divorce, you may have all sorts of questions. How much will it cost? How long should it take? Do you qualify for alimony? The list goes on. However, one of the biggest concerns most couples have is how high-value assets like real estate will be distributed.
When it comes to settling your affairs in a divorce, there are two main strategies that most couples use: litigation or mediation. Litigation is a court-led process, while mediation happens in a less formal environment where the couple comes to an agreement before meeting in court.
While
