If you are facing a divorce, you likely have serious concerns over your financial stability in the future. Money and division of marital assets are some of the most contentious and sensitive issues in a Georgia divorce, especially when there are valuable assets or a significant amount of money at stake.
Getting ready now for your New Year divorce
With the holidays so close at hand, you may be like many couples who are waiting for the New Year before filing for divorce. You may not want to dampen the festive spirits of your children and other family members, so you are holding off with a view to starting 2018 with a life-changing resolution and a fresh start. You may be satisfied with your decision to postpone the divorce process for another couple of months so you can focus on holiday decorating, baking, shopping and entertaining.
Earning value approaches for valuing your business during divorce
As a business owner, you certainly know that the value of your company can play an important role in various areas of your business enterprises. As a spouse, you likely also know that the value of your business could play a part in your marital finances and have an impact on settlement outcomes in the event of divorce. When it comes to determining the value of your business, especially in relation to divorce settlements, you certainly want to choose the valuation method that best suits your needs.
Finding firm financial ground in a divorce settlement
Financial advisors have seen their share of divorces gone wrong. What begins as an amicable breakup declines into conflict and dirty tactics when the couple has to deal with the finances. If you and your spouse expect to end your marriage soon, you may believe everything will go smoothly, but the process may not be that easy. Fortunately, there are steps you can take to ensure you will not end up on the losing side of a settlement agreement.
Debt doesn't divide easily in a divorce
You are facing divorce. It may have come as a shock or a long time in the making, but you have a lot to consider as you prepare for the process. If you and your spouse have been married a long time, you may find splitting up more difficult than those with shorter marriages. In fact, the longer you are married, the more entwined aspects of your life become, primarily the financial aspects.
Grandparenting isn't always grand, especially during a divorce
You love your children. You also love your grandchildren, and no matter what may currently be transpiring between your son or daughter and his or her soon-to-be former spouse, you likely want what is best for everyone. Most Georgia grandparents understand that there is little or nothing they can do regarding adult children's decisions to divorce; after all, you raised your child to be independent and make his or her own choices.
You may be relieved to know about this tax option
No two divorces are the same. Every Georgia couple's experience is unique in some say, and many face complicated extenuating circumstances, such as those involving taxes. If you're currently navigating a high-asset divorce and are concerned about certain erroneous acts you believe your spouse committed on a jointly filed tax form, there are several options and support networks available to help people facing such circumstances rectify their situations.
Safeguarding your financial future during a divorce
There is no denying the emotions of a divorce. You may be feeling hurt, confused, angry and betrayed even if the breakup was a long time coming. Perhaps you find yourself spending a lot of time dwelling on the past, especially the beginning of your relationship when everything seemed right. While it is perfectly natural to think about the past, it is also crucial to consider your future.
Love and remarriage
Researchers seem in constant search of answers about how marriage works. They want to know what attracts people to each other, what the main causes for divorce are and why second and third marriages have a greater chance of ending.
Divorcing spouses, dividing assets and the family business
You may have had a dream to one day own a family business. After getting married, those dreams may have become a reality, and your business may have thrived in a manner that allowed you and your spouse to feel proud and accomplished. However, if you now face the possibility of divorce proceedings, you may wonder how your business will fare when it comes to property division and other related processes.