Getting a divorce? When you own a business, a divorce can ultimately affect your company in a lot of different ways. Even if you owned the business prior to your marriage or your spouse was never involved in its operations, they may have some entitlement to your...
Property Division
Follow these tips to protect your business from a divorce
As a business owner, you put your heart and soul into making sure your company is always running at peak performance. Unfortunately, in the event of a divorce, everything could begin to fall apart around you.There are tips you can follow to protect your business from...
Is a property division checklist necessary in divorce?
Going through a divorce will change your life in many ways. From the way you raise your children to the money you have access to in the near future, there are many things you need to prepare for. A property division checklist is not required by law, but it can go a...
Divorce and bank accounts: Things to think about
Once you decide to divorce, you shouldn't wait long to review your finances to gain a better understanding of your assets and debts.For example, you need to fully understand what will happen to your bank accounts in the event of a divorce. To start, you must...
Personal property and divorce: Items to consider
Going through a divorce is challenging on many fronts. At first, you need to wrap your head around the idea that your life is going to change in many ways. For example, you will no longer be living in the same home as your spouse.Soon enough, you'll turn your...
These financial assets can be a sticking point during divorce
When you and your spouse decide to divorce, you hope that you can move through the process as quickly as possible. You also hope that things work out in your favor in regards to property division.While there are steps you can take to put yourself in a better position,...
How should you deal with credit card debt in divorce?
If you decide to divorce, it's only natural to focus your attention on property division. For example, you may have questions about who gets the family house and what happens to your checking and savings accounts.While property division is important, the same holds...
Personal property, divorce and property division
Going through a divorce is a challenge on many levels. Like most people facing divorce, you'll spend a lot of time thinking about the steps you can take to secure as many assets as possible.It's important to learn more about property division, including the likely end...
How can my ex and I can split up our home during our divorce?
In the case of most marriages, a home is the most valuable shared asset the two of you may own. For some spouses, it may even carry a strong sentimental value. In either case, you and your ex may have difficulty reaching an agreement as to how you're going to split it...
What happens to your debt as a result of divorce?
There is a lot to think about when going through the divorce process, including what will happen to your assets (such as your home, car and personal property).While property division is a sticking point in many divorces, don't overlook the fact that it can also be a...