Category: High-Asset Divorce

Last updated on April 8, 2021

Do-it-yourself manuals seem ubiquitous in book stores and libraries, covering topics across a veritable universe of possibilities. That universe includes a number of legal topics. In the realm of estate administration, for example, there are boilerplate wills that can be tweaked to accommodate personal circumstances, just as there are health care directives focused on end-of-life […]

Continue reading The benefits of proven legal representation in a divorce ...

Last updated on April 8, 2021

The ongoing public drama involving actor Charlie Sheen and his ex-wife Brooke Mueller took another turn this week, as Sheen and Mueller have agreed to an unusual child support modification. In the average case — celebrity or not — one parent’s inability to personally care for the children wouldn’t typically result in a reduction in […]

Continue reading Judge approves substantial child support reduction for Sheen ...

Last updated on April 8, 2021

During the recession and housing market decline, studies found that fewer couples were getting divorced in the United States. Now that the housing market is improving and property values are rising, more couples are calling it quits.  One big reason more couples are filing for divorce now is due to the increase in property values […]

Continue reading Housing market plays role in Georgia divorces ...

Last updated on April 8, 2021

More and more couples these days are putting off having children until they have built their careers, set enough funds aside for a retirement nest egg or even taken time out to travel the world. At the same time that more couples are waiting to have kids, more marriages are ending in divorce. For some […]

Continue reading Should fertility have value in a divorce settlement? ...

Last updated on April 8, 2021

A recent media article on divorce refers to the “sea of potential issues” confronting many couples during marital dissolution, especially when it comes to property division. To the extent that is true (and it certainly is for many divorcing couples in Georgia and across the country), the metaphor can apply with special vigor to couples […]

Continue reading Retirement accounts, other asset-division considerations ...

Last updated on April 8, 2021

A certified financial planner who regularly contributes media pieces on personal investment decisions and wealth management recently wrote an article about a person he terms the “out spouse” following a divorce. That designation conveniently contrasts, of course, with the “in spouse,” who can most easily be understood as the former partner who has a seemingly […]

Continue reading Dealing with post-divorce financial concerns of the “out” spouse ...

Last updated on April 8, 2021

Couples report that the financial hit that people can take during the divorce process is a top concern for those contemplating a separation. In fact, outside of child custody is appears to be the number one concern for all couples that are getting divorced. The average cost of a divorce is $15,000. However, there is […]

Continue reading A top concern for divorcing couples is the cost ...

Last updated on April 8, 2021

Divorce is a complicated process, but perhaps nothing may be more confusing to those entering the process than asset division. In fact, every situation is unique and requires careful review to develop a proper understanding of what valuable assets may be included in the property to be split during the divorce. Take, for example, a […]

Continue reading Assets included in property division may surprise some Georgians ...

Last updated on April 8, 2021

When couples in Georgia decide to end their marriage, there are a lot of considerations that must be made. People have to literally split their entire lives into two. While the process is straightforward for some, high-asset couples may find that their divorce is even more complex. In addition to typical divorce issues — like […]

Continue reading Financial issues are important to divorcing couples ...

Last updated on April 8, 2021

As this blog has noted in prior select posts, Georgia is a so-called “equitable property distribution” state rather than a community property state. The central distinction entailed in that is significant and can have a material effect in any divorce proceeding where property division of significant assets is concerned. Community property generally holds that, unless […]

Continue reading Georgia: Equitable asset division in high-asset divorce ...