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June 2018 Archives

Addressing your estate plans after your divorce

During your divorce proceedings in Nashville, you likely had to fight to keep those marital assets that you felt that you were entitled to. Now that your divorce has been finalized, you no longer have to worry about any supposed claim your ex-spouse may have to them, right? Yet what if you have gifted assets and properties to your now ex-spouse in your will, and you forget to amend said will before you die? Many people come to us here Rogers, Kamm & Shea in this exact situation. Like them, you will likely be pleased to know that the law has accounted for yours (or any decedent's) inaction in this scenario. 

Differentiating equitable vs. equal property division

The common school of thought regarding property division in Nashville is that all marital property will be distributed equally amongst both sides in a divorce case. Most assume this to be ture because it is required by law. While there may indeed be many cases that see a divorcing couple evenly share their assets, there is actually nothing in the state's statutes stating that marital assets must be shared equally. Tennessee follows the equitable distribution model when dealing with property division cases. While "equitable" and "equal" certainly sound similar, many are surprised to learn that they are not the same thing. 

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