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Can Valuable Assets Really Be Looked After Via a UK Prenup?
When you enter into marriage with significant assets behind you, it makes sense to get a UK prenup first. This article explains why this is the case.
Child Support ObligationNevada law requires each parent to provide for the care and financial needs of their children. The parent who is granted custody of the children will receive child support payments from the other parent. The obligor, who is the parent paying child support, will continue to pay the obligee until the child(ren) reaches the age of 18 or the age of 19 if the child remains in high school.
What Is Legal Custody?When a parent has legal custody they have the right to make important decisions on behalf of the child. Parents can be awarded joint legal or sole legal custody.
Seven Deadly Sins Of Divorce SettlementNo one enjoys the divorce process. It may be tempting to rush through the process, agreeing to whatever it takes to end the pain. While understandable this can lead to massive problems in the future. Even people that are attempting to use great caution in settling their divorce can make costly mistakes, especially if they attempt to do it on their own. Divorce lawyers exist for a reason. Their training and experience can save you time, money and heartache in the future. While there are many possible traps waiting to be sprung on you in a divorce you can avoid the “Seven Deadly Sins.”
Valuation of Assets in DivorceThe elephant in the room that drives many divorces is money. It is something each party is reluctant to admit, but nonetheless is highly integral to the divorce process. During the divorce proceedings, the court may employ a tracing method to determine what property belongs to what party. The main point of this tracing is to determine what property is community property and what property is separate property. California, as a community property state, affords different treatment to property acquired during marriage than to property acquired before marriage or through various means such as gifts or inheritances.
The Human Reaction to Divorce: Dealing With Your EmotionsIf you and your spouse have decided to separate or pursue divorce, no doubt you’ve already encountered some highly emotional situations. Going through the divorce process will likely be one of the most emotional times in your life. You will experience a range of emotions and in many ways it may mimic the grieving process. Some common emotions are: shock, numbness, anger, frustration, depression, loneliness and despair. It is important to remember that although your life is changing, you are not alone.
How Child Custody Is DeterminedOne of the most hotly debated issues in divorce is often child custody. Child custody battles can get extremely ugly if both parents are unwilling to compromise in determining custody arrangements. Often parents get so wrapped up in their own desires, they forget about the best interest of their child. In general, two parents are better than one and it is important that the child be allowed to establish a close relationship with each parent despite the divided household. However, a primary residence for the child must be established in order to provide stability.
4 Guidelines to Follow During Your Divorce ProcessDivorce is not an easy process, no matter how much the sides may agree. The most important thing to do is to remain calm and always think things through before making any rash decisions. Here are 4 important guidelines to follow during your divorce process.
What Happens When a Spouse Leaves the Family Permanently?Matters of divorce or abandonment are trying times. We often make rash decisions fueled by emotion and against what we know to be wrong or counterproductive. If your spouse leaves the family for good, you can ask the court to grant you child support.
7 Things You Shouldn’t Do to Your Children During Your Divorce ProcessA divorce can be emotionally draining for all parties involved including the husband, wife and the children. Children should be closely watched during this time as their emotional well being is tied closely with the divorce. This article will give you 7 things that you shouldn’t do to your children during this ugly process.
Are High Net Worth Divorces Mostly Uncontested or Contested?Generally, when there’s more to divide and split up, there’s a greater chance that the divorce will be contested by one of the parties. That said, there’s more to lose by going to court, so most couples will look first to uncontested divorces and mediation to try to settle out of court than risk going to court and losing a bigger piece of the pie, so to speak. When there are so many issues to be ironed out in the divorce proceedings, a contested divorce that goes to court can seem to go on forever.
A Few Quick Tips to Help You Find a Divorce AttorneyNobody ever expects a divorce. It can be an event that occurs after many years of an unhappy marriage or sometimes it happens suddenly. However a divorce arrives, it is never a pleasant situation.