Hesitating to establish a comprehensive estate plan can complicate matters for one’s loved ones after they pass away. So that’s why you create a will, right? The answer may be a bit more complicated than you’d think. A will is undoubtedly essential for communicating...
Nashville, Tennessee Family Legal Blog
Handling debt in a Tennessee divorce
It’s common for divorcing couples to struggle with property division. The family home, savings accounts and business ownership can come under fire. Marital debt can, as well. Before establishing settlement terms, you’ll need to know the full extent of all that’s at...
What does a baby have to do with an estate plan?
If you recently had your first child, spare time will be limited. Many things you’d like to do will likely fall by the wayside as you develop new daily routines at unprecedented – though joyful – exhaustion levels. It’s hard to focus on the importance of revisiting...
Can long-distance co-parenting work?
Divorced parents typically struggle to arrange a parenting schedule that’s best for their children. Determining a plan that co-parents can juggle makes matters even more difficult. You might think living near each other is the only way to share the responsibilities of...
Housing decisions during divorce involve more than real property
Establishing property division terms can be one of the biggest challenges in divorce, with you and your spouse likely wanting as much as possible from your marital estate. Your home may be your most valuable asset, and the one that holds the fondest memories. However,...
The contentious and complex issues surrounding property division
When walking down the aisle, reciting your vows, and saying, “I do,” no one who is newly married even considers divorce as a remote possibility. The honeymoon leads to a “honeymoon period” where love is in the air, and all is right in the world for two spouses. Over...
When does spousal support factor in?
Suppose your spouse was the main breadwinner in your family. In that case, you might believe you deserve to receive alimony, or spousal support, once your marriage ends. Although that may be true, your circumstances determine how any payments will factor into the...
Three elements of a basic estate plan
Many people think that, for whatever reason, creating an estate plan can wait. You’re likely doing yourself and your loved a disservice by subscribing to that belief. If you haven’t gotten your future charted out due to fear that it may take too much time or money, a...
Does a parent’s tax liability change when their marriage ends?
It’s typical for multiple financial considerations to factor into divorce. Conversations often relate to property division, alimony and child support as individuals strive to protect their personal interests. Calculating the likely tax ramifications of parting ways is...
Is it time to change the alimony agreement?
Change is one of the few constants in life. Sometimes it is a slow shift over time, at others will be caused by a life-changing event like divorce. Those going through divorce address a complex set of circumstances and make the best decisions possible based on the...