A Future You Can Be Excited For
When facing divorce, deciding what happens to your family home involves significant financial considerations. You must determine if keeping the house is financially viable on a single income. The mortgage payment, property taxes, insurance and maintenance costs can...
When it comes time for spouses to divide their property during a divorce, they sometimes find that some of their most valuable assets are gifts they’ve received from family, friends and others over the years. Unfortunately, they must determine which of their assets...
Divorcing couples need to split up their marital assets, such as the contents of a bank account or their retirement savings. They also have to split up their marital debts. This could include a car loan, credit card debt, a home mortgage and things of this nature....
When a couple owns a business together, they both likely play an integral part in keeping it operational. They both put in hard work and a lot of hours to help the business to remain successful. It’s not a pleasant thing to think about, but a couple that’s considering...
If you’re like many Americans who have been in the workplace for a few decades or longer, a good deal of your assets may be in retirement accounts of various types. You may have a 401(k) or an individual retirement account (IRA). You may have a pension plan –...
Unfortunately, a spouse may hide assets during their divorce. Perhaps they believe they have a stronger claim to some properties and, hence, they don't want those assets to be subject to property division. Or they want to avoid paying alimony or at least lower their...
Your spouse has long been the main breadwinner for you as a couple. One thing that they have been earning is a pension plan or an employer-sponsored retirement plan. It’s a substantial plan, so you haven’t put aside any money of your own to retire. You are counting on...
Divorce proceedings can become complex, especially when one spouse attempts to conceal assets to minimize their financial obligations. Recognizing the signs of asset hiding is crucial to ensure a fair property division. Here are some indications your spouse may...