Showing 5 posts from 2024.
Turning Lead into Gold: The Legal Chemistry of Converting a Separate Business into a Marital Asset
While we as attorneys may have personal relationships with our clients, we generally advise them in a professional capacity and maintain our focus on business. When a client is getting divorced, business and personal concerns inevitably collide as courts are called upon to make determinations about a couple’s income, liabilities, and assets, which may include a closely held, private business. Read More ›
Categories: Contracts, Divorce, Post Judgement, Startup
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Striving for Fairness – How do Courts Deal with a Couple's Ongoing Financial Obligations During Divorce Proceedings?
During the divorce process, questions regarding finances will inevitably come up: How will our finances work while we’re getting divorced? Who is going to pay the mortgage, credit card, daycare, school tuition? Can I pay my attorney out of a joint account? Can I still take the kids on spring break? It’s only natural when thinking about a huge life change to worry about finances. This is true even for individuals earning significant incomes and high net-worth couples. This article provides a short explanation of two tools that courts use to assist couples to help manage their finances during divorce proceedings – status quo and attorney fee contribution orders. Read More ›
Categories: Divorce, Post Judgement
Attorney Lawrence Presents at Second Saturday Divorce Workshop
Foster Swift family law attorney, Gabrielle Lawrence, will be one of the presenters at the next Second Saturday workshop program held on Saturday, September 14 from 9 am - 12 pm. Read More ›
Categories: Did you Know?, Divorce, News & Events
Going Back to School: A Guide to Balancing Careers, Schedules & Divorce
The end of summer can be a stressful time for parents, balancing careers, extracurricular schedules and other activities, all while getting their children ready for school. Add a separation or divorce from a spouse into the mix and it can be downright nightmarish. Read More ›
Categories: Co-Parenting, Divorce, Powers of Attorney
Whose Bonus Is It? – When May a Bonus Received After the Marriage Form Part of the Marital Estate?
For many couples, a spouse’s bonus is both a sign of an employer’s appreciation for the employee-spouse’s hard work and a significant portion of his or her total annual compensation. Because bonuses are often not paid out until months or years after entry of a divorce judgment, divorcing couples often ask the question – Whose bonus is it? Is a bonus part of the marital estate, divisible at settlement, or separate property, payable solely to the spouse who earned it through hard work? Read More ›
Categories: Distribution, Divorce
