As a dog lover, it may be difficult to consider the family dog as an asset to be "divided" in a divorce. You may be surprised to learn that most family law courts consider your beloved canine to be classified as personal property. In 2012, over 1/3 of American...
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Protecting Significant Assets In A Messy Divorce
A wealthy executive with significant assets, separated from his wife, had begun formal divorce proceedings. An attorney experienced in high asset divorces can be a major asset partnered with a financial advisor.The man had nearly $150 million in assets, and although...
Do It Yourself (DIY) Legal Services – Risks and Rewards
Do It Yourself (DIY) legal services (particularly divorce) has grown with the growth of the internet. The internet has triggered a sea change in the supply chain of many industries. Amazon changed the book and publishing business, as Borders found out. Apple changed...
Dividing Assets in a Divorce
In many of our divorce cases, the most challenging issue of couples with children is, indeed, the children. Specifically, who gets custody or is it shared, and, if so, how? For noncustodial parents, the issues of visitation and child support can be contentious....
Parental Alienation In Divorce – Is Your Child A Victim?
According to psychiatrist, Dr. Edward Kruk, parental alienation in divorce involves the "programming" of a child by one parent to denigrate the other "targeted" parent, in an effort to undermine and interfere with the child's relationship with that parent, and is...
Divorce Glossary
Because the divorce process is unfamiliar to most people, the terminology can be daunting. Some terms are unfamiliar, some are often misunderstood. Our firm believes it is important our clients fully comprehend the key elements and language of divorce. The following...
How Do Unmarried Parents, Living Together, “Divorce” In Texas?
Our firm is seeing an increasing number of unmarried couples, living together, with children seeking a "divorce" and resolve such complexities as custody, support , and visitation. Unmarried couples cannot legally divorce and therein lies the problem. Most lack...
One Simple Way To Reduce Attorney Cost
Can you reduce your attorney cost? While it may be difficult to reduce your dental bills when you have a toothache or a doctor bill when you have the flu, you can absolutely reduce your legal bills with one simple trick: preparation. Doctors and dentists charge you...
Divorce and the Management of Tax-Favored Retirement Accounts (cont’d. IRA)
In a divorce, you don't need a QDRO to divide up an IRA between you and your soon-to-be ex without dire tax consequences. You can simply arrange for a tax-free rollover of money from your IRA into an IRA set up in your ex's name. Then your ex can manage the rollover...
Divorce and the Management of Tax-Favored Retirement Accounts
If you are getting a divorce, and have a qualified retirement plan at work-such as a 401(k) plan-or a self-employed or small-business retirement program, such as a simplified employee pension plan (SEP). You'll probably have to divide up your retirement account (or...
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