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June 15, 2022 | Divorce, Firm News

How your classic car can affect asset division

When you divorce your spouse, the court will divide your assets based on what it considers fair and equitable. The court analyzes your financial situation, trusts, businesses, property, child support, accounts and any pre- or post-nuptial agreements. The proceedings are not as simple as dividing the property during a complex or High-Net worth divorce. How…

May 31, 2022 | Asset Division, Firm News

How to determine the worth of your assets

Divvying assets may be one of the more complex elements of a divorce. Many people believe that a 50/50 split suffices; however, how can you determine a fair split? Not all assets have equal value and in High-Net worth cases, the couple may be surprised by the value of different items or properties. Understanding the…

May 21, 2022 | Divorce, Firm News

Should you wait to file your QDRO?

One of the biggest fears many divorcing couples of later age hold involves retirement accounts. This is especially true in situations where one spouse has a retirement account and the other does not. It is possible under state law to claim some of the account, but how does one know if they will have enough…

May 6, 2022 | Asset Division, Firm News

What is cryptocurrency and may it divide with divorce?

Cryptocurrency is an encrypted digital form of money that generates value from transactions made through blockchain technology. Forbes reports that more than 5,000 types of digital currencies circulate among its users without a centralized government organization managing the transactions. If you believe your soon-to-be ex-spouse used your household’s income to buy crypto, you may include…

April 23, 2022 | Asset Division, Divorce, Firm News

How divorce may affect a stock brokerage account

The market value of stocks held in an investment account opened during a marriage may divide fairly in divorce. If a spouse inherited a stock brokerage account or received it as a gift, however, it generally classifies as separate property, as noted by SmartAsset.com. Without proof of assets qualifying as a spouse’s separate property, the…

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