Each and every divorce case is unique, which means there is no way to predict exactly what will happen once a divorce decree is signed by the judge. However, we can explore a few common scenarios below! What Is A Divorce Decree? Think of a marital settlement agreement as simply the preliminary process of the…
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…
In an estate plan, the executor of the estate is an individual responsible for administering the last will of a deceased person, ultimately carrying out the instructions to manage the affairs. What Is An Executor? The executor is appointed by either the testator or the court. Their role is to ensure all assets in the…
