If you’ve decided you want to get divorced, you probably want to make the process as streamlined as possible. There is a lot of documentation to review and sign to finalize your divorce. Two documents, divorce decrees and divorce certificates, are vital to understand. What is a divorce decree? A divorce decree is a court…
Determining an average alimony payment in Arizona is challenging due to the individualized nature of each case. Alimony, or spousal maintenance, is calculated based on various factors, including the length of the marriage, the income and earning capacity of both spouses, and the standard of living established during the marriag In 2023, Arizona adopted spousal…
The short answer is Yes, it is possible to get divorced without splitting assets. This could occur through a prenup, a mutual agreement, or your particular state laws. Nevertheless, in community property states, like California, any income, real estate, or other property attained by either spouse throughout the marriage belongs to both of them, and…
Preparation and communication can help guarantee that assets go where you want them to go, should there be a divorce. Anybody who makes a commitment to get married is probably not thinking about the relationship ending. Likewise, a lot of parents and grandparents do not consider the possibility of an heir’s marriage ending in their…
One thing you never want to do is hide assets during a divorce process. A legal requirement for divorcing couples is disclosing each and every asset they have, including income, expenses, and debts, if applicable. People may hide assets during this process for a variety of reasons, with money being the main culprit. So, what…
A married couple’s house is often one of their biggest assets. If the home was purchased during the marriage, it will be considered a marital asset that must be divided in the event of a divorce. This will be the case regardless if one or both spouse’s names are featured on the deed. Let’s take…
Finalizing a marital settlement agreement does not mean a couple is now legally divorced. Only a divorce decree that is signed by a judge can finalize a split. Let’s take a look at the differences between a marital settlement agreement and a divorce decree. What Is A Marital Settlement Agreement? A marital settlement agreement is…
A marital settlement agreement is known by several different titles across the U.S. Some states refer to this arrangement as either “separation agreements” or “divorce settlement agreements”. Let’s take a look at what these agreements include and how to ultimately finalize one when going through a divorce. What Does A Marital Settlement Agreement Include? A…
You cannot sign a prenup following a marriage. However, when there’s been a considerable economic change for either your spouse or you, you have the right to sign a postnup to obtain more safeguards in the event of divorce. Picture this: You’ve recently married your forever partner. You’re still savoring in the post-wedding radiance when…
Although not always enforceable, they could spare spouses expensive cases of divorce Prenuptial agreements, or prenups, have long been an alternative for couples that are engaged. They make future spouses mediate the separation of assets, in addition to the responsibility for liabilities they possess, should their marriage lose its way. Nevertheless, those same questions can…
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