Category: Property Division

Last updated on October 31, 2023

Divorcing couples in Georgia have a lot of details that they need to address before they can move forward apart. They have to split time with their children (if they have them) and also arrange to divide their resources. The biggest assets that couples share often become the focal point of disputes during divorce negotiations […]

Continue reading 3 factors that influence whether keeping one’s marital home is wise ...

Last updated on August 1, 2023

When a couple decides to end their marriage, assets accumulated during the marriage must (generally) be fairly divided between the spouses unless spouses agree to an unequal division of their property, for whatever reason. Marital assets often include retirement funds that have been saved for the couple’s future. A Qualified Domestic Relations Order (QDRO) is […]

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Last updated on May 8, 2023

Divorce is often a complicated process, for many reasons. You are not only going through a mentally and emotionally challenging time, but you must also make many decisions on complex issues. Property division is one of the most major aspects of a divorce. Your property includes all of your marital property and debts. Defining marital […]

Continue reading Understanding what equitable division means in a divorce ...

Last updated on February 10, 2022

During divorce, the parties must divide all their marital property. This includes everything from shared bank accounts to real estate, like the marital home. There are several different options for dividing a home during the divorce process and it can help divorcing couples as they progress through their divorce to be familiar with each. Three […]

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Last updated on April 20, 2021

Georgia residents can sometimes face an uphill battle when dividing assets during a divorce. Deciding what to do with your timeshare property doesn’t have to be too involved or difficult, however. You have a few options available depending on the parameters of your divorce. One spouse buys another out In this scenario, one spouse will […]

Continue reading What happens to your timeshare in a divorce? ...

Last updated on April 8, 2021

For many, protecting their retirement funds from excessive taxation is one of the most important things in their lives. However, all that can quickly take a back seat when a divorce occurs. During a divorce, especially in a state like Georgia where there is equitable distribution of marital property, you’ll probably have to deal with […]

Continue reading How are retirement accounts divided in a divorce? ...

Last updated on April 8, 2021

For business owners, their own success and income is based on the success of their company. When business owners face a divorce, the process to accurately assess the business’s value can be complex. The process can also have high stakes, with business owners understandably worried about losing some of what they have worked so hard […]

Continue reading What happens with a business in a divorce? ...

Last updated on April 8, 2021

Most people who decide to get divorced in Georgia understand that they will have to divide the property that they have accumulated during their marriages. However, many of them do not give much thought to the potential tax implications of dividing their property. Understanding the types of taxes that might be imposed when taking different […]

Continue reading Taxes and property division in divorce cases ...

Last updated on April 8, 2021

Valuation of a business in Cumming, Georgia, and disputes over credit card debts commonly confront couples seeking a divorce. State law calls for an equitable division of marital property. Equitable does not necessarily mean a completely equal split if evidence warrants an adjustment to your divorce settlement. The law recognizes that many factors may justify […]

Continue reading Divorce affects business valuation and credit card debt ...

Last updated on April 8, 2021

Financial issues are one of the leading reasons that people get divorced. There is a broad range of financial issues that can lead to a couple ending a marriage. Someone with a gambling problem who destroys the family’s savings account, for example, could likely face divorce. Financial infidelity, or the practice of intentionally misleading your […]

Continue reading Are you going to have to pay your ex’s debts in divorce? ...