In most divorces, one of the issues that spouses must resolve is the division of the marital estate. While many people focus on the division of assets, such as real estate, vehicles, business interests, or stocks and retirement accounts, property division in divorce can also cover debts held by the spouses. Spouses may be surprised […]
When you have worked hard your entire life to build up wealth, you may want to see it go to your children after you have passed. That’s not unusual, and it’s not hard to do if you and the children’s other parent are still married to each other. But what happens if there’s a second […]
IRAs, among other assets, can be subject to division between two spouses during a divorce. How much of the account each person receives will depend on various factors outlined in North Carolina statute § 50-20. A judge can use their discretion to decide what’s equitable based on the circumstances. North Carolina is an equitable distribution state. […]
When you’re going through a divorce, you might face a contentious battle with your spouse over who should keep which property. However, most people commonly fight over a house or car and forget about other important assets like 401(k)s. Sometimes, a 401(k) is the biggest asset a person has. You spent your life saving for […]
When you’ve decided to divorce, one of the things you and your soon-to-be-ex may argue about is the division of property. There are several considerations you should keep in mind when you decide how to handle who gets what. According to North Carolina statute § 50-20, there are three types of property: Marital Property Marital […]
Caledonia, Wisconsin resident Curt Johnson, 61, is now officially divorced from his wife, Tracie Stier-Johnson, 47. The development took place in late October in Racine County Court. The heir of the Johnson family has recently made national headlines for various sexual crime convictions. The pair filed their divorce petition jointly on April 20, 2016, on grounds […]
It is a good idea to stop viewing an argument as a contest that you have to win. Instead, you should “be able to view an issue as one that you are jointly solving” because doing so “creates feelings of connection and teamwork,” says San Antonio couples therapist Amy Kipp. It is also a good idea […]
In general, America sees a pattern of women receiving better deals in custody battles than their estranged spouses. There are many cases of a judge presiding over a child custody litigation found in favor of the mother because our society still views women as the natural caretakers of children. In recent years, the emergence of law […]
According to sociological statistics, before the Farm Crisis of the 1980’s, the divorce rate among American couples who work in the farming industry was lower than the divorce rate among other American couples. This fact is an exemplary feat, considering around 40% of American marriages end in divorce. Data from the National Vital Statistics System showed the […]
In May 2013, Florida resident, Cindy Hausburg, who is now 59, filed for divorce from her husband. After having already been separated for two years, both Hausburg and her former husband expected the process to be rather smooth regarding their friendly platonic relationship. However, over the next two years, Hausburg found herself stripped of almost […]