Division of Assets

How to Avoid Financial Challenges of Divorce

Divorce is difficult. In addition to the variety of emotions you experience as you navigate the process, divorce can also directly challenge your finances. If you do not enter into the divorce process with control of your emotions and an understanding of your financial situation, you might find that the divorce jeopardizes your financial future. 

Fortunately, […]

Relationship Between Divorce and Irrevocable Trusts

The division of marital and separate property between the spouses is one of the most time-consuming and complex parts of a divorce. Fortunately, it is possible to create an irrevocable trust before marriage to shield assets from the division process that occurs during a divorce. This option is available because many people encounter increased challenges […]

How Divorce can Impact Your Student Loan Debt

Divorce can force people to experience many difficult emotions. There is also the additional stress of  dividing all of your assets and debt. When student loan debt is concerned, you might be concerned about whether you will be required to pay it off by yourself or if your spouse will ultimately be deemed partially responsible […]

Should My Spouse’s Name be Taken Off the Mortgage?

In the case of many divorcing couples, marital homes are one of the most valuable assets. As a result, divorcing couples often must decide what to do with the property. There are three general ways to handle a marital home — spouse 1 retains the house, spouse 2 retains the house, or both spouse 1 […]

Common Questions About Property Division During Divorce

Divorce is a trying time, which is why it is important to make sure that you are positive about ending your marriage before proceeding. Not only is it difficult to divide property, it is also common for people navigating the process to experience overwhelming emotions about having their assets divided between them and their former […]

How Will Divorce Impact Your Retirement Plan?

Many people who go through a divorce discover that there are huge number of important decisions to make. Some of the most pressing of these issues include child custody, child support, and how marital property will be divided. With these numerous concerns, it is common to overlook some lesser-known things that are impacted by the […]

How are Household Items Treated in a Divorce?

As you proceed through a divorce, one of the greatest challenges that presents itself is how to extricate yourself from your former spouse and continue living the best life possible. While the process is a painful and often personal one, there are a number of decisions that come with it, including how assets should be […]

Figuring Out What You Own (and Owe) in Divorce

The divorce process is complex, and there are a number of details that a person must keep in mind. 

One of the important steps that must be taken in preparation for divorce discussions is making a list of what you and your spouse own (assets) and owe (debts). Many people discover that thoroughly preparing this facilitates […]

Important Financial Topics to Discuss With Your Spouse

There are a number of disparities in most romantic relationships. One of the big differences is that in most marriages, one spouse tends to make more than the other. While some couples are able to navigate this issue, others are not able to do so. It is not surprising that financial issues are the leading […]

How Debt can Impact a Divorce

Deciding to end your marriage does not always means that you can entirely sever all ties with your former spouse. For example, if you and your former spouse had a child together, you will likely still need to interact with one another for the well-being of the child. Another element that can connect two former […]

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