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Posts tagged "Divorce"

Facing divorce when you share a business with your spouse

If you and your spouse are facing divorce and you have built a business together or share a financial stake in a business, your financial future may be in jeopardy. When couples who divorce have to divide their assets, including a business, things can get messy quickly, especially when the divorce is contentious.

When is a good time to file for divorce?

For many families, the beginning of the new year brings changes. If you are considering divorce, one of the many questions weighing on your mind might be this: "When is a good time to file for divorce?" Is January too soon? How about February? What if you do not think you can grin and bear any longer?

Tips for protecting your business & financial assets in divorce

One pressing concern for professionals such as lawyers, dentists and doctors who have considerable assets is how to safeguard these assets and their business in a divorce. After all, it can be more than frustrating to think about the possibility of your ex ending up with the business you spent years building and cultivating.

Could your divorce goal(s) end up hurting you?

Divorce is one of the most emotional times in a person's life. Some feel numb as they go through the process, simply signing whatever papers are placed in front of them. Others may have a little more awareness and be able to set a goal (or goals); for example, for the divorce to proceed as speedily as possible and for the children to witness as little fighting as possible.

Taking Stock of the Winners and Losers in Divorce

Divorce is often thought of in the context of a sporting event, military battle, or other type of power struggle. In that frame of reference there must be a winner and a loser. Time has shown that people will expend a tremendous amount of resources on legal representation in order to make sure that they're the winner and their spouse is one of the greatest divorce losers of all-time. 

Hiding Marital Assets in Divorce

One of the key issues in every divorce is dividing the assets. Behind only the custody and visitation of the children, how the money is divided is often the most pressing concern for most divorcing couples. Asset division is a common part of the divorce process in which each spouse is required to disclose all assets, income and debts to the court.

Who gets the dog? Divorcing couples battle over the family pet.

As Americans, we love our dogs (and cats, of course). Many married couples opt for a pet rather than having children because they're cheaper and less demanding. Further, many couples see no difference between the affection for their pets and the love parents have for their children.

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