If you and your spouse made it big with a family business, your divorce may seem more complicated than others. Dividing up a marital company involves examining business assets, documentation and determining the financial futures of yourselves and any employees. It is...
Make It Our Fight
At White & White, Attorneys at Law, we care about our clients and about helping them improve their lives.
Property Division
3 ways to protect your estate after remarriage
When you remarry after divorce, you should reevaluate your estate plan. Without a plan in place, your new spouse inherits a minimum of one-third of your assets if you have children from a previous marriage. While your new spouse might intend to honor your wishes about...
Your business will be the focus among the assets in your divorce
The family business will likely take the spotlight during the property division phase of your divorce. The question is, what will become of the company you and your spouse built together? There are three basic options to consider. 1. Sell the company Putting the...
Intangible assets in your divorce
Property division in your divorce is a sensitive topic that often gets more complicated the longer you and your spouse build your lives around each other. This might mean big savings on what was once your dream home, retirement accounts for your golden years or even...
How do Tennessee divorce courts split your assets?
Anyone planning to get a divorce may have questions about how the court distributes property and assets. In Tennessee, asset distribution hinges on whether the property is marital or separate. Although separate property usually reverts to its pre-marital owners,...
How is marital property divided in Tennessee?
Whether you have filed for legal separation or divorce, there are a host of issues to negotiate before creating the final settlement. One of the most daunting tasks is dividing marital property and assets accumulated throughout your marriage. Depending on the...
Does your spouse have a digital wallet?
Dealing with a digital wallet is an important part of the divorce process specifically because of how it might tie to digital assets. In asset division, this is an important category you should not miss. But what should you watch out for in terms of suspicious...
How may a divorce affect my ownership of a business?
Tennessee's divorce laws divide marital assets through an equitable distribution method based on fairness. If you started or acquired a business during your marriage, your soon-to-be ex-spouse has a right to receive his or her fair share of it. Business ownership...
Keeping your inheritance in a divorce settlement
If you inherited property from a loved one, you might worry about losing it if you divorce. According to the Tennessee Board of Law Examiners, Tennessee is an equitable distribution state. As a result, the court divides marital property equitably but not necessarily...
How may I differentiate marital property from separate property?
When divorcing in Tennessee, the court generally requires a list of how you and your soon-to-be ex-spouse plan to divide your assets. As described by Tennessee Code Title 36, you must show all your marital property splitting fairly. As noted by Kiplinger's Personal...
