by Administrator | Nov 30, 2018 | Financial Risks in Divorce, Personal Divorce
The technical answer is Yes. But, the real is answer “it depends”. What does the term community property mean? Certain states have what is known as community property laws. If you live in a state that is defined as a “community property state” then all assets that...
by Administrator | Nov 30, 2018 | Financial Risks in Divorce, Personal Divorce
As a general rule, assets that someone inherits during a marriage are deemed separate property. The beneficiary of the inheritance owns the assets outright, separate and distinct from the other spouse in the marriage. Therefore an inheritance may (key word) not be...
by Administrator | Nov 10, 2018 | Personal Divorce, Process Risks in Divorce
Many parents who have already been through a divorce do not want their ex-spouse’s last name associated to their child in any way. These parents do not want the last name announced in public, described in a written document or appear on a piece of mail in their...
by Administrator | Aug 15, 2018 | Personal Divorce
Being transparent feels unnatural to some and natural to others Transparency is a funny thing and can become quite uncomfortable if one or both parties do not comply. People become less transparent for a number of reasons such as when they: Truly want to hide...
by Administrator | Aug 15, 2018 | Personal Divorce
Some people remain separated for years and never get a divorce. Are there any risks with this approach? The answer is it depends. People in this situation get used to their “new normal” but are not aware there are risks with being separated and not getting a divorce....