Jump to Navigation

Posts tagged "High asset divorce"

Asset valuation is an important part of an Arizona divorce

When the partners choose to end their marriage in divorce, their assets and possessions will be subject to division based on the state's community property laws. Community property is one way that property may be classified as marital or separate, and then split between the partners to an ending marriage. Here, courts attempt to divide marital property evenly.

Divorce not about winning but ensuring strongest future possible

The prospect of divorce is something that may put those involved in a highly emotional state for many different reasons. The investment that all parties put in from both an emotional and financial perspective can make the process feel as if everything is on the line. In these instances where the divorcing couple has to deal with so many complex and important issues, it can be easy to feel like divorce is a must-win game of assets, child custody, and more.

Dividing retirement accounts in Arizona

Although many people enjoy their jobs and find meaning in going to work each day, for most a career is simply a path to retirement and financial freedom. Arizona residents hope that if they work hard and save some of what they earn that eventually they will have enough to live off of and to carry them through the ends of the lives. While retirement savings do benefit many people, those savings may be impacted by a divorce.

Politician and wife to end marriage in divorce

Even though his political aspirations never reached to Arizona, former New York City mayor Rudy Giuliani is a figure who has national recognition for his strong opinions and constant involvement in current events. When the presidential transition occurred just last year, Giuliani was considered a frontrunner for national appointed positions; today, though, he is in the news for a much more personal reason.

Finding financial health after a divorce

It should be no surprise to readers of this Arizona family law blog that ending a marriage and dividing a single home into two households can be expensive. A couple that shares a mortgage may find itself paying that mortgage and rent for one of the partners to live in a residence other than the marital home; to support that second address the individuals both must pay utilities, buy household goods and attend to many of the other costs that are needed for a person to live on their own.

Is divorce on the horizon for in the New Year?

Although the holidays are often a time of happiness for families throughout Arizona, they can also be a time of stress and sadness for those who feel caught in unhappy relationships. It can be the togetherness that the holidays impose that causes them to realize that their marriages are failing. While some may wish to give themselves time for reflection on how best to move forward with their spouses, others may recognize that divorce is their best option.

Proper execution is necessary for a valid prenuptial agreement

Although they tend not to be the most romantic items that engaged Phoenix couples acquire prior to their marriages, prenuptial agreements can be the most important planning tools that unmarried couples can execute to set their financial expectations during their marriages. While prenuptial agreements are often invoked when marriages end and couples divorce, they can also serve as effective communication devices for couples that need to discuss what each will bring, and potentially take, from the marriage.

What can a prenup do?

Couples in Arizona can enter a prenuptial agreement before their marriage that requires the disclosure of their assets and can help resolve issues if the couple ever divorce. These agreements, however, have advantages and disadvantages.

Wilson-Goodman Law Group, PLLC is one of the East Valley's premiere litigation law firms.

Gilbert Office
538 South Gilbert Road, Suite 101
Gilbert, Arizona 85296
Phone: 480-359-1758
Fax: 480-503-9219
Map & Directions

Queen Creek Office
22035 South Ellsworth Road
Queen Creek, Arizona 85142
Phone: 800-409-2187
Fax: 480-686-9452
Map & Directions

Visit Our General Practice Website

How Can We Help?

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close
FindLaw Network