A defined contribution plan and a defined benefit plan are different and they can be identified by the wording of them. For example, a defined benefit plan is this: You don’t know what you’re going to be putting in every week. It might 6% of your salary, 6.5% of your salary, 7% of your salary, […]
A collaborative law divorce is different than mediation in that the collaborative process, the dispute is resolved without litigation pending, such as a complaint for divorce. The way to think of a collaborative divorce is as a team effort. The parties and their counsel meet and discuss the case. When an expert is needed, […]
I think most couples are ideal for both mediation and collaborative law. The difference is when you’re in mediation a complaint’s been filed and you are in litigation. You have the deadlines of the court hanging over you. In the collaborative law process you can work within your own pace and therefore you don’t have […]
If you’re going through a difficult divorce, here are a few reasons you should consider having an experienced divorce attorney by your side.
There is. With joint legal custody we would have a parent of primary residence and as I earlier stated, the parent of primary residence will be responsible for the day-to-day decisions concerning the children. With that joint legal custody then, that parent would have to confer with the other parent, regarding major decisions and that […]
The first thing we need to look at is what is a stock option? A stock option is the right to buy stock in a company who employs the spouse at a discounted or fixed price within a certain period of time. Stock options can be valuable and they’re subject to equitable distribution as a […]
That’s a great question. The prenuptial agreement is a contract between two people who are contemplating marriage and is effective upon the date of the marriage or civil union. The agreement should include all property of the parties including their business, real estate investments, retirement accounts or pensions and debts. When I prepare a prenuptial […]
If a prenuptial agreement’s prepared in accord with requirements of the statute, it should not be set aside. It must be signed by the parties voluntarily and must be conscionable. The parties must each provide full and fair disclosure of the earnings, property and the respective financial obligations. If there is a waiver of financial […]
There are seven costly financial mistakes people can make during divorce. We have found that individuals who understand the financial aspects of the divorce process are much more likely to feel empowered to divorce with financial confidence.
A lifestyle analysis provides specific information and data about income and expenses incurred during the marriage. An experienced professional may discover possible hidden assets, unreported income or incorrectly reported living expenses.