When divorces unfold, the spouses often get caught up in the emotional aspects of the split and fail to focus on the terms of the property settlement. This can be a major mistake because what you take away from the marriage is what will prepare you for the life ahead.
Long-married couples with significant assets have more to lose in a divorce than those who were only married a short while and have few assets or resources. That's why it is imperative that both parties retain their own Seymour family law attorneys who can fight to make sure their clients receive all that they are legally entitled to have.
If you are a woman going through a later-in-life "gray divorce," you need to make some strategic decisions when it comes to your property settlement. This is vital to understand, as the divorce rates for those 50 and older continue to rise.
Divorcing couples who jointly own a Florida business often struggle to keep the doors open after they split. It is an unfortunate fact that many businesses can't weather the storm of its co-founders' divorce.
Sometimes during a divorce, one spouse attempts to hide marital assets from the other spouse. This happens most frequently in high-asset divorces.
If you are a Tennessee resident who is divorcing and who also has significant marital assets, you can expect your divorce to be a bit more complex than it would be if you and your spouse had just gotten married and had few assets.
Those who are facing a high-asset divorce in Tennessee understand that no simple solution exists to overcome all of the challenges they may face during the process. Dividing assets when valuable assets are a factor can bring many troubling issues to the surface. For example, if one or both spouses feel that the property division is unfair, it can lead to an all-out war inside a courtroom.
Spouses seeking a high-asset divorce in Tennessee have many expectations about how the process will evolve. Divorce attorneys try to anticipate these expectations and to have answers ready for their clients. It is safe to say that many clients are surprised when their lawyer shifts the focus to seemingly small details instead of diving right in to the "meat" of the divorce.
Do you like the technology that now lies in the palm of your hand? Most people, including our attorneys, would answer that question with an enthusiastic yes. No one disputes the benefits that digital technology has brought to residents of Tennessee. However, it is also important to know how someone, say an ex or soon-to-be ex, might use that technology against you.
When we talk about divorcing with valuable assets, we sometimes recommend divorce mediation. As with other family law solutions, it is not an appropriate answer for all couples, but for many, it can make the process of splitting up easier, faster and less combative.