Though not always the case, spouses who have only been married for a couple of years naturally acquire fewer marital assets than those together for longer. And for spouses who find themselves separating before they can even acquire assets together, it may come as a...
Property Division
Differentiating between separate and marital property
In addition to tending to the emotional impact of the end of a marriage, divorcing couples also need to contemplate how the property they jointly own will be distributed following the dissolution of their union. An attorney can help you determine which property is...
How can I protect my business in a divorce?
Many people start their own businesses to support themselves and their families. However, if they decide to get a divorce in an equitable distribution state like Georgia, that business is may be classified as a marital asset and therefore may be divided ‘fairly and...
Equitable distribution: how property is divided during a divorce
The process of a divorce can sometimes feel overwhelming. The issues which must be dealt with can be filled with emotion, from anger and frustration to sadness and loss. Distributing property is a complex part of the divorce process – understanding how it works can...
Study: disagreeing about financial risk may lead to divorce
It can be difficult to agree with your spouse about issues relating to money and how much to spend and/or save. Inability to agree on financial matters is often listed as a top reason for divorce. According to a recent study by researchers at the University of...
The pros and cons of keeping your full 401(k) in your divorce
Your retirement plans likely figure heavily into your personal financial strategy. So too does your marriage and the monetary obligations that come with it. It goes without saying, then, that your divorce will significantly impact each of those areas (yet in ways that...
Should you lie about your assets?
Georgia residents like you have a lot on your plate during a divorce. This is especially true if you have complex assets to deal with. The process of dividing assets often takes up the most time. It can cause the most conflict, too. Many people may feel tempted to...
How can I avoid a messy high asset divorce?
Divorce is an emotional process, and when you add in a lot of money, things can get contentious rather quickly. To avoid arguments, delays and other problems, it is best to formulate a plan before you ever file your paperwork to start the process. Forbes explains...
Financial mistakes to avoid during divorce
Divorce often takes an emotional toll, but if you are not careful during your split, you may find that it takes a serious financial one, too. You could wind up paying tens of thousands of dollars to separate your life from your ex’s in court. There is some good news,...
401k division during a divorce
As one prepares for their divorce proceedings in Athens, they should thoroughly research the process in order to understand all of their options. Many are ill-prepared for certain issues, such as the division of their 401k. Most believe a 401k account to be a personal...