It’s not uncommon for only one spouse to be named on the deed of a home. However, if the Home was purchased during the term of the marriage, even if only one spouse is listed on the deed. The names placed on the deed of ownership rarely matter. If it was bought during the marriage,…
Rise of the Gray Divorce While short-lived marriages are the stuff of tabloid articles and morbid curiosity, the public tends to think of twenty-year or thirty-year marriages as unshakeable. With advances in medicine and an overall increase in lifespans from our parents’ and grandparents’ generations, there has come about a new social phenomenon: the “gray”…
Starting a new business can be an exciting venture. However, few people consider the consequences divorce can have on business assets. Do you know your rights? Do you know how the court will value your business? This article will help you understand how business assets are distributed during divorce and circumstances that could impact the…
When couples decide to divorce, they understand the assets accumulated throughout the marriage will need to be divided. Generally, both parties seek homeownership and other real estate holdings, high-value assets, and child custody during this process. However, when it comes to debt, couples are usually slow to take responsibility. No matter who is responsible for…
It’s not uncommon for unmarried couples to purchase a home together. However, when couples decide to terminate their relationship up and only one party wants to sell the property, it may be necessary to initiate a legal proceeding to resolve the equitable and financial interests in the property. When one party refuses to sell, the…
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