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Posts tagged "Property Division"

What does community and noncommunity property really mean?

Aside from issues concerning children, property division is one of the most complicated elements of divorce. It is also a massive source of conflict for many couples getting divorced. Many times, this conflict arises because each spouse is concerned that the other will come out ahead. Regardless of the reason, ongoing conflict can become fuel for an all-out battle.

Can my spouse claim a portion of my legal settlement in divorce?

This is a very important question to ask regarding property division in the state of Connecticut. Unfortunately, it is difficult to provide a precise answer because many factors will come into play before the court will make a decision.

The benefits of attorney counsel during property division

It is easy to do some things in life yourself instead of hiring someone else to do them for you. However, as family law attorneys, we do not believe that property division during a divorce is a good candidate for the do-it-yourself approach. This is especially so when a divorce has complications like the presence of valuable assets.

Key property division points not to overlook in divorce

It's easy to overlook important parts of the property division process; after all, this is probably the first time you've gone through a divorce. Everything is new, the process can be stressful, and you just want to get it over with. However, you don't want to make mistakes that will cost you in the long run, so it's wise to consider the following points:

Are you considering all your property during your divorce?

Property division can be one of the more divisive parts of your divorce, and the more property you have, the more work you might need to put in on the details. While it might seem like a high-asset divorce would be easier because both parties would end up with enough to live on without much worry, that's not always how it works out. In especially heated divorces, one person might be out to "punish" the other person by making a grab for as many of the assets as possible, which means you need to be prepared to protect yourself legally.

Keep career goals in mind during divorce

Chances are, no matter how you divide the marital property during a divorce, you're going to need to keep your job -- or get a job -- to move on effectively with your future. Since divorce can wreak havoc on your entire life, including your professional life, you might want to take some steps to safeguard your career as you work through issues such as property division or custody.

What is the dissipation of assets?

If you and your spouse are heading toward divorce, you may have noticed that he or she is spending money a bit differently than it's been spent in the past. If you become worried that your spouse is simply trying to burn through as much of the money as possible, it could be known as dissipation. This is the process of removing cash and assets from the estate that you own as a couple.

Why it's important to have these 5 people around during a divorce

One of the most difficult times in someone's life can be during a divorce. You can feel all alone after your spouse leaves and many times, friends you had together distance themselves, too. There are people who can really help you during a divorce. These include:

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