Going through a divorce is already a substantial amount of stress. Should you consider adding even more stress and worry on top of the situation by also filing for bankruptcy? If you feel you should go through bankruptcy, is it better to file before or after finalizing the divorce? There’s not an easy answer to […]
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How Postnups Strengthen Your Marriage If you didn’t get a prenuptial agreement and you are now married, you might be wishing that you had something in place that could provide some added protection. Should that be the case, you should consider getting a postnuptial agreement. These are legal agreements similar to prenups, but they are
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Who Gets to Stay in the House During a Divorce? If you are considering filing for divorce, you likely feel overwhelmed with all of the decisions you may need to make that will impact every area of your life. Child custody, child support calculations, spousal support, and the equitable division of marital property all are
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If you are a doctor, lawyer, or own your own business or medical practice and are facing a divorce, you have specific and unique considerations that you must address in order to ensure your legal, professional, and financial rights remain protected. In most divorces, there is an equitable division of marital assets and debts. However,
Below is the transcript of the online Q&A presentation by Family Law Attorney Billie Tarascio and Asset Protection Attorney Paul DeLoughery as they discuss ways of protecting your assets in a community property state, both before and after marriage. Billie Tarascio: I am so excited to be talking about asset protection specifically on divorce
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A proper asset division can only be accomplished if your lawyer does the work of getting the appraisals, identifying all the property, and presenting evidence in court as to how many properties exists and how much they’re worth. Even then it might not work, and you may have to appeal an issue, ask for a
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Family Business in Divorce, Control, Date of Valuation, and the Buy out When there is a family business involved, the divorce process can be even more daunting than normal. In some respects dividing the business is just one more piece of property to be valued and divided. On the other hand, a business is unlike
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I am planning on filing for a divorce. Is there anything concerning my estate that I should change prior to filing? Yes. When you’re planning your estate during divorce there are certain items that, despite changing your will or trust, the beneficiary will remain the same. For example, your life insurance policy and 401k beneficiaries
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Arizona law provides for the equitable division of community property upon divorce, no matter what your total net worth. For the average American this entails dividing real property, personal property, vehicles, financial accounts, and maybe a retirement account or pension. In addition to these common assets, many high net worth individuals accumulate assets of a
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