Category: Property Division

Last updated on April 8, 2021

Georgia residents going through a divorce or perhaps contemplating a divorce may look for various sources of information on their spouses. One of these sources today is social media. That’s right. Social media is not just for fun anymore, especially when a marriage sours. Forbes explains that Facebook, Instagram or other social sites can often […]

Continue reading Social media and divorce ...

Last updated on April 8, 2021

Georgia residents who have heard people talk about spouses that hide assets just before or even during a divorce might wonder what this really looks like. Do you think you would know if your husband or wife was doing this? Why would they do such a thing? Forbes explains that the attempt to hide or […]

Continue reading What are some signs of a spouse hiding assets? ...

Last updated on April 8, 2021

Are you and your spouse planning to get divorced in Georgia soon? Are you perhaps in the midst of a divorce? If so, you should learn what a Qualified Domestic Relations Order is and when you might actually benefit from using one in your divorce. As explained by the U.S. Department of Labor, a primary […]

Continue reading Do I need a QDRO when getting divorced? ...

Last updated on April 8, 2021

Georgia couples who make the choice after they are married to have one spouse stay home to raise the kids too often overlook the importance of a postnuptial agreement. Choosing to raise one’s children is indeed a positive thing but it can come with a price – literally. Daily Worth indicates that a study by the […]

Continue reading Benefits of a postnup for stay-at-home parents ...

Last updated on April 8, 2021

More and more couples in Georgia today are taking advantage of the benefits that a prenuptial agreement can offer. However, when entering into any legal contract it is important to ensure that the contract is valid if and when it is ever needed. A prenuptial agreement is a contract like any other yet many people […]

Continue reading Prenup mistakes to avoid ...

Last updated on April 8, 2021

Anyone in Georgia who has ever gotten a divorce knows that untangling a marriage can be a very complicated thing. When the couple also owns and runs a business together, there is a whole new layer of complexity with which to deal. Entrepreneur suggests that one of the most important things to do at the […]

Continue reading When married business partners get divorced ...

Last updated on April 8, 2021

Amidst the hardships of divorce, one matter that has to be addressed is dividing assets, including financial accounts. Many couples share credit accounts, so what happens to these during a divorce? Here is how accounts are treated and divided, and also what steps you can take if you are going through or planning a divorce. […]

Continue reading What happens to credit cards and debt in a divorce? ...

Last updated on April 8, 2021

If you are like many people in Georgia, your home is the single largest financial asset that you and your spouse own. This reality, along with the emotional attachment that many people have to their homes, it is no wonder that deciding what to do with your house when you get divorced can be so […]

Continue reading Keeping a joint mortgage after a divorce ...

Last updated on April 8, 2021

When getting divorced, spouses in Georgia may need to split the assets in their retirement accounts as part of their property divisions settlement. However, it is important to understand that splitting these accounts may not be the same as splitting other assets as special rules may apply. SmartAsset indicates that without the use of a […]

Continue reading Splitting retirement accounts in a divorce ...

Last updated on April 8, 2021

Assets that a couple obtains during the marriage become marital property, and these have to be divided in a Georgia divorce. Forbes warns that unlike financial assets, personal property does not have a straightforward price tag that can be used as a bargaining tool when spouses are trying to decide who gets what. Artwork falls […]

Continue reading Before you divide the artwork: The importance of valuation ...