You may be assuming that everything obtained during the marriage is considered marital property. There are, however, a few exceptions. One of those exceptions is an inheritance received during the marriage or the corpus of an inheritance received prior to the marriage. However, you must take steps to preserve the non-marital nature of the inheritance during the marriage so that it is not subject to distribution if a divorce were to occur.
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Adoption is a process that can have many twists and turns. The steps and procedures may be overwhelming for anyone going through it for the first time, especially in the case of a private adoption.
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A high net worth divorce has traditionally been defined as a divorce involving more than one million dollars ($1,000,000.00) in net liquid assets. The recent divorce case involving Jeff Bezos, the Amazon CEO, and his wife MacKenzie shows how extensive the division of property, stocks, and other assets can be.
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Getting married is an exciting time for couples – from the engagement celebrations to the wedding to the honeymoon. All these events take planning, and one thing couples should also plan for is how to handle the financial aspects of their future marriage. This financial planning may involve creating a prenuptial agreement, which is also referred to as a “premarital agreement.”
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Children who experience a divorce in their family can be affected in many ways, some of which are negative and long-term, which is why protecting them and being a supportive parent throughout the process is as important as ever. When working with an attorney regarding child custody, be sure to stress the importance of protecting your children during your complex divorce or custody litigation.
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Divorces and the economic aspects relating to divorces are complicated and involve many issues that need to be taken into consideration. When one or both of the parties is a high net worth individual, the divorce is taken to a whole other level. Because there are significant personal and/or business assets at stake, the divorce proceedings have their own set of unique challenges. High net worth divorces must be planned for and approached in a manner befitting the unique issues that need to be addressed.
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If you’re getting a divorce or are planning to get a divorce, you will likely be thinking about your first meeting with a divorce attorney. What paperwork should you bring with you? What questions should you ask? What questions will they ask you? You may feel unsure of what information you’ll need and what conversations you’ll have. It’s comforting to know that you are not the only person going through a divorce, and there are many others facing the same feelings.
Divorces can be emotional and stressful, and when children are involved, child custody arrangements can make things even more challenging and may cause additional concerns. What if your ex-spouse doesn’t abide by the arrangement and doesn’t meet you with your children on time? What if they talk about moving out of state? Luckily, there are laws in place and legal professionals available to help enforce the terms of these types of agreements.
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Filing taxes can be complicated enough to begin with, and when a divorce is involved, there are additional items that one should consider because separation and divorce will impact your tax situation. From claiming dependents on your tax return to your filing status and marital property, there can be a lot to think about. The good news is that there are experienced legal professionals who can ensure that your tax issues are resolved in the most advantageous manner to you.
Filing taxes can be complicated enough to begin with, and when a divorce is involved, there are additional items that one should consider because separation and divorce will impact your tax situation. From claiming dependents on your tax return to your filing status and marital property, there can be a lot to think about. The good news is that there are experienced legal professionals who can ensure that your tax issues are resolved in the most advantageous manner to you.
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When the subject of divorce is brought up, one of the first topics that might make you feel stressed is the topic of finances. What will happen to me financially during and after the divorce? This question and the stress that comes with it is completely normal, but don’t worry. If you have the right legal support, you will have the knowledge at hand to alleviate the stress and get you through it.
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