Aside from practically helping with some property division, helping those parties divide the assets as agreed to in the property settlement agreement, I may likely help one party with their new financial picture. That might be everything from maximizing what they received in marital assets, taking a look at the long term consequences of the […]
Divorce Articles by Family Lawyers and Divorce Professionals
After the divorce is final I am there for issues of modification of support or custody or enforcement in the event that someone breaches the terms of the agreement or the final order of divorce. Dianne Nolin is a CFP with over 25 years of experience, and Sarah Schuler is an experienced practitioner of many […]
Well, like Sarah, I agree there are scenarios that may favour one party over another. I would say I also hear that there’s an emotional attachment to the marital home. Often times it’s educating about the practicality of keeping the marital home. It’s the largest asset, in many cases, and it’s the largest asset of […]
When the parties separate, one person may be moving out during the pendency of the divorce, they need to determine how will the expenses be paid, who’s going to pay what. Once you separate it can be difficult to maintain two households at the same level with the same amount of income coming in. You […]
I educate them on the potential results they may see in court, which can help guide them on how they may want to settle their individual case. I also explained the various costs, litigation is most often more expensive than settlement discussions, mediation and the collaborative process. I also put them in touch with specialists, […]
As I said I want to help them understand, a very clear understanding of their future financial picture. But while we’re going through the property settlement I like to explain that a dollar isn’t a dollar. There are differences. A dollar in a retirement in your retirement account is different than a dollar in your […]
What is a common question financial experts get from divorcing clients? The most questions are about from financial assets and resources.
The client wants to know what’s going to happen now. The first step is either to reach out to the opposing counsel or the opposing party if they’re not represented and let them know that the client is retained me and wishes to work things out, which will begin to engage the other side in […]
Dianne Nolin and Sarah Schuler answer questions in regards to your finances when it comes to your divorce.
Only if there’s an income or an asset you can attach. Once child support goes into arrears, it’s a judgement by operation of law in Virginia, and in most other states. Generally, to enforce it, you need to get a paper judgment. You need to go to court and have a court rule that he […]