Why summer can be a good time to file for divorce
Summer can be an advantageous time to file for divorce for several reasons, making the process smoother and more manageable for those involved, from spouses to their children. For example, during the summer, many people have more flexible schedules due to vacations and breaks. This can provide the time needed to focus on the divorce...
Why summer can be a good time to file for divorce Continue reading…Mistakes that could invalidate a prenuptial agreement
Prenuptial agreements give couples a chance to make decisions in advance that would ordinarily just be made during a divorce. For example, they can use the prenup to split up financial assets or define which assets need to go through property division and which ones will simply be kept by the person who owns them....
Mistakes that could invalidate a prenuptial agreement Continue reading…What is the transmutation of separate property in divorce?
Divorce is a process that underscores the consequences of numerous legal aspects of a marriage that you may have never considered before. This can be especially when it comes to property distribution. In marriage, each party typically brings in assets they own separately, which are termed separate property. However, over the course of the marriage,...
What is the transmutation of separate property in divorce? Continue reading…You may be liable for debts assigned to your spouse in a divorce
Louisiana is a community property state when it comes to property and debt division during divorce. This means that all property and debt acquired during your marriage would (generally) be equally split upon divorce in a litigated context unless you have a legally binding agreement like a prenup or are subject to a court ruling to the...
You may be liable for debts assigned to your spouse in a divorce Continue reading…Tips for going through a divorce with a narcissist
Divorce is challenging, even in the best circumstances. Having to deal with a narcissistic ex can make it even more difficult. These individuals have an inflated sense of self-worth and are unable to think about how things will affect others. Anyone going through a divorce with a narcissist should ensure they understand how to protect their interests....
Tips for going through a divorce with a narcissist Continue reading…What can cause a marriage to break down?
Marriage is a serious commitment. Couples vow to spend the rest of their lives together. Thus, married couples often fight as hard as possible to make the relationship work. Sadly, this isn’t always possible and marriages can break down beyond repair. What can cause a marriage to break down? Here are some common problems: A one-sided effort ...
What can cause a marriage to break down? Continue reading…Property division in a divorce: How transparent is your spouse?
Transparency is crucial to ensuring a smooth property division process during divorce, given that marital property is split equally in Louisiana. Therefore, you may be left short-changed if your spouse is less than forthcoming about financial matters. Picture your spouse withholding or manipulating financial information to suit their needs during the divorce process. It can...
Property division in a divorce: How transparent is your spouse? Continue reading…Expenses may go up after divorce
When people get divorced, their income will often go down. For example, maybe both people worked, so they got used to living on two incomes. Getting divorced means that each person has to shift and begin living off of simply one income, which may be half as much money as they were used to before....
Expenses may go up after divorce Continue reading…Can one spouse get the marital home in a Louisiana divorce?
Couples often struggle with the process of dividing their marital property. Each spouse may have their own opinion about what would be appropriate or fair, and they may have a hard time reaching a compromise that they both believe is reasonable. Most resources that couples obtain during the marriage are potentially subject to partition (division)...
Can one spouse get the marital home in a Louisiana divorce? Continue reading…How is a 401(k) handled during a divorce?
People who have worked hard to build up a retirement account enjoy the security of knowing they’ll have it to enjoy life. A divorce is one situation that can impact the money in these accounts. Unless both parties have retirement accounts of similar value, an account may have to be divided during the property division...
How is a 401(k) handled during a divorce? Continue reading…3 tips for talking to your partner about a prenup
Partners entering marriage should discuss crucial subjects to avoid misunderstandings in the future. However, some conversations can be challenging to have. And one of them is prenuptial agreements. Many people think that talking about prenups feels like planning for a divorce. But this doesn’t have to be your experience. The following are three tips for talking about...
3 tips for talking to your partner about a prenup Continue reading…How does divorce impact your credit?
Divorce, undoubtedly, can be an emotional rollercoaster. Yet, the emotional turbulence is often just one facet of a more significant, multifaceted ordeal. A particularly crucial, albeit often overlooked, aspect of divorce is its potential impact on credit. A deeper understanding of how divorce proceedings can influence your credit score will aid you in safeguarding your financial future....
How does divorce impact your credit? Continue reading…