Money troubles in divorce often start when one spouse tries to hide assets. This can happen more than you might think. Finding hidden money and property matters because it affects how much you'll get in your divorce settlement. What counts as hidden assets? When...
High Asset Divorce
Friendships after divorce: Who gets custody?
Divorce can be an overwhelming process, filled with emotional, financial and logistical challenges. While property and child custody often take center stage, the fate of friendships is an equally significant concern. In Tennessee, as elsewhere, you may find yourself...
How does commingling impact property division in high-asset divorces?
When navigating a high-asset divorce, understanding the concept of commingling is crucial. Commingling refers to the mixing of separate and marital assets. This can significantly complicate property division during divorce proceedings. Understanding how commingling...
What factors affect stock options division in divorce?
Dividing assets during divorce brings unique challenges. This is particularly true when dealing with complex finances like stock options. In Tennessee, stock options usually fall under marital property. It doesn't matter which spouse holds them. If you're a business...
Could your spouse be hiding assets?
During divorce proceedings, spouses may hide assets to prevent them from being divided equitably. This behavior often stems from a desire to maintain financial control or ensure a favorable financial outcome. Understanding why this happens can help you better protect...
How can I protect my retirement accounts during divorce?
When you go through a divorce, you can experience a highly anxious time, especially when dividing your assets. You have built up your retirement accounts over years of dedication, and they deserve special attention. With dedicated knowledge and the right guidance, you...
How can you protect your business during a divorce?
As a business owner, you have invested countless hours and resources into building your enterprise. But what happens if your marriage dissolves? Protecting your business during a divorce is crucial to ensure your hard work does not go to waste. Below are strategies...
Who gets the jewelry after divorce?
A diamond ring’s sparkle or a family heirloom’s sentimental value can quickly lose its luster in divorce. What happens to jewelry when couples decide to call it quits? Determining if the jewelry is a gift or a marital asset Courts generally classify jewelry into two...
The role of a forensic accountant in a high-asset divorce
High-asset divorces are often complex and challenging. They involve substantial financial assets, multiple properties, business interests, and various investments. To ensure a fair and equitable division of assets, it is essential to have a clear and accurate...
What assets can I accidentally hide during the divorce?
Dividing property during divorce is a straightforward process in theory, considering the law's explicit provisions. But as scenarios vary based on each divorcing couple's financial situation, this step can also have complications. If you and your former spouse own...