Getting a divorce can be costly, especially if there are unresolved conflicts or areas of disagreement that can only be resolved in court or if there are complex issues related to the division of marital property and debts. Certainly high conflict child custody battles can result in additional legal fees, where the best interests of…Read More
Dividing Employee Compensation Plans in a Divorce
Today many companies short on cash offer employees “incentive compensation plans” including stock options and restricted stock. In a divorce, these types of compensation can be overlooked – perhaps intentionally on the part of the employee spouse – when negotiating a divorce settlement. After all, stock options and restricted stock do not show up on…Read More
Antidote to a Spouse Hiding Income and Assets in Divorce
Research reveals that the spouse who ends up handling the purse strings in a marriage often boils down to ‘who hates it less’ or ‘who has more time’ to deal with the finances. This results in one spouse developing significant financial literacy when compared to their spouse. The longer the marriage, the more lopsided household…Read More
Hiding Assets in a Divorce Using Cryptocurrency
If you suspect your spouse is hiding assets in your divorce, your attorney will start the process of verifying that all financial information has been fully disclosed. The process often involves interrogatories, subpoenas, or depositions and combing through tax returns, bank statements and the like looking for hidden assets. Fortunately, these customary forms of discovery…Read More
Dividing the Family Business in a Divorce
If you are in business with your spouse and are divorcing, you will have to decide what to do with the business. One option is to continue to own the business together. If you and your spouse work well together and can continue to run the business after a divorce, you will both get to…Read More
1 in 4 American Men on Ashley Madison
According to a recent Forbes magazine article, approximately 1 in 4 American men were subscribers to Ashley Madison. This should serve as a wake-up call to women across the nation and hopefully prompt a practical response. Many who have dealt with divorce issues recommend that women maintain their careers during marriage, even on a part-time…Read More
