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High Asset Divorce Archives

How do I value a pension for divorce?

A pension plan may be the most substantial asset of many Tennessee marriages when couples forego other methods of investing or saving in favor of participating in an employer-sponsored plan. Typically, these types of plans, such as a 401(k) are considered an “extra” benefit of working for an employer who invests in its employees in this manner, allowing them to earn full vestment, or ownership, after a period of time, which is typically five years. When a couple faces divorce, diving up this asset can sometimes be difficult, depending on several contributing factors, including the type of plan and its components. In high-asset marriages, a plan may include employee stock options, profit sharing and additional investment opportunities.

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. 

Understanding asset division during divorce

Not all Tennesseans go through trying times during a divorce, but those who have know the woes of dividing property and assets. On top of the whirlwind of paperwork, court procedures and other aspects of marital separation, many can hit obstacles when reaching this financial stage. Below are a few pointers on high asset divorce, as well as some of the hidden details. 

3 ways to protect your business from divorce

When you and your spouse got married, you probably thought your marriage would last forever. Unfortunately, this is not always the case. You might have to worry one day about how the two of you are going to divide your valuable marital assets, including your house in Nashville, vacation homes, cars and other assets. Furthermore, you will have to make decisions regarding what to do with your business.

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