Working together to end a marriage is a viable option for individuals who want to devise divorce terms outside of court. Collaboration offers numerous advantages, such as financial savings and minimized conflict, especially compared to traditional litigation. However,...
Why should I consider life insurance during my divorce?
Insurance might be the last thing on your mind as you end your marriage. Matters like property division and child custody probably weigh heavily on your heart and mind. Although the importance of life insurance may seem obscure now, the decisions you make now can have...
Three estate plan additions to simplify planning for your family
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...
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...