Category: Property Division

Last updated on April 8, 2021

The challenges of running a business and those of going through a divorce may magnify each other if you and your spouse share ownership of a company. While ideally, you would have prepared for this contingency when you began the business, or before you entered the marriage, the lack of a prenuptial agreement does not […]

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Last updated on April 8, 2021

The discussion about the division of marital debt during a Georgia divorce may be just as contentious as the conflict over assets. According to Forbes magazine, if you or your spouse took out student loans to help pay for your education while you were married, these debts could be considered a divisible marital liability. The […]

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Last updated on April 8, 2021

Whether or not dishonesty was a factor in your marriage, it is essential to do what you can to prevent it from affecting property division during your divorce. Unfortunately, if you are in the middle of a high asset divorce, there may be many opportunities for your spouse to adjust figures or hide assets to […]

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Last updated on April 8, 2021

If you have never discussed your feelings about money and finances with your significant other, you may discover a source of conflict after you sign your Georgia marriage license. A candid discussion about money can be difficult, though, because of the emotional issues that may be attached to finances. We at the Siemon Law Firm […]

Continue reading Financial attitudes affect marriage – and divorce ...

Last updated on April 8, 2021

We often hear about how unromantic prenuptial agreements are. It makes sense, of course, that this type of agreement makes people uneasy. Couples basically have to discuss the topic of divorce before they have even tied the knot. While to some degree, it makes sense why individuals with few assets don’t end up wanting a […]

Continue reading Johnny Depp heads for divorce with no prenup ...

Last updated on April 8, 2021

Expecting trust in a marriage is one thing, but when dividing marital property during a divorce in Georgia, it may seem unreasonable to have faith that your ex-partner is telling the truth about his or her finances. This may particularly be true when dishonesty was a factor in the destruction of your relationship. According to […]

Continue reading Financial dishonesty: What are the odds? ...

Last updated on April 8, 2021

There are a number of losses that are associated with divorce in Georgia. The loss of the relationship and time with children may be the most difficult for some, but determining which items you will keep and which will go to your spouse can also cause emotional distress. This may be particularly true when it […]

Continue reading Keeping the assets you love without compromising during divorce ...

Last updated on April 8, 2021

During the emotional turmoil of divorce in Georgia, you or your spouse may also be dealing with the physical upheaval of determining where to live. The family home often represents stability, which may make it seem worth fighting for in the divorce settlement. However, if the mortgage you owe amounts to more than the house […]

Continue reading Upside-down mortgages and property division ...

Last updated on April 8, 2021

Taking steps to initiate a divorce may be a difficult decision for anyone in Georgia. Even aside from the emotional upheaval that is typically experienced by both spouses, the division of marital property and debt has the potential to leave a person in a less stable financial position. When one spouse has the characteristics of […]

Continue reading What you should know before divorcing a narcissist ...

Last updated on April 8, 2021

While some people in Georgia who are over the age of 50 may make the decision to stay in an unsatisfying or unhappy marriage, for others, that is not an option. Even when it is the best choice, AARP points out that when older adults decide to end a marriage, the division of property at […]

Continue reading How age may affect divorce ...