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Breaking Up Is Hard To Do
In divorce, it isn’t always easy to determine beforehand how property will be divided up. One of the reasons for this is that states have different rules regarding division. In addition, general rules pertaining to property division often have exceptions that can...
Due to the landmark Obergefell v. Hodges decision by the Supreme Court, same-sex couples have the right to marry. With the right of marriage also comes the right to end it. While you may expect your same-sex divorce to go off just like other divorces, you may find...
Splitting assets is hard enough during divorce. When it comes to retirement accounts like IRAs and 401(k)s, the problem becomes even more complex. Unlike other assets, special considerations must be made. There are a few methods to divide retirement accounts during a...
If you have a spouse who hides assets, spends money in secret and lies about it then he or she committed financial infidelity. This is especially problematic for couples with combined finances as one spouse can unknowingly be suffering from their partner's financial...
As a business owner on the cusp of divorce, determining how the entity figures into the settlement could cause more contention than all other assets combined. New York is an equitable division state, which typically means the property split, while fair, is rarely...
The financial stakes in a second or subsequent marriage are often high because you have accumulated significant assets and possibly have children from a previous relationship. While getting remarried offers a fresh start in many ways, it may also have additional...
After building a company and making it a success, business owners may want to use their estate plan to protect the business they have built and provide for their family. This is especially important for those who run a sole proprietorship, partnership, practice or...
Those creating an estate plan have many issues to think about, whether they do not know how to distribute property among their loved ones or they are unsure if a certain type of estate plan is the smartest strategy. If you have a loved one with special needs, you have...
Legal processes such as estate planning can have nuances, with details changing for each case depending on what prospective planners want to achieve with their plan. Add international law to the mix and the complexity spikes. When people want to establish that their...
After you die, any shared property you own typically belongs to your spouse. However, in some circumstances, you may put the property in a trust before your death. Using a qualified terminable interest property trust is one method of doing so. How it works According...
