Property Division

Property division is one of the biggest challenges for many people going through a divorce. This is often hard to work through because there is so much that has to be split. You have two primary options when you are working through this. First, you can battle over every single asset that is marital property. Second, you can choose what…

For most married couples, the home that they live in while married is the biggest asset that they own. Depending on the location of the property, real estate in Hawaii can be worth an incredible amount of money. Even modest homes in the right location carry substantial price tags. Properties can accrue value over the length of your marriage, and…

Prenuptial agreements are no longer considered an uncomfortable subject and only for the uber-wealthy. In fact, they’re being used more and more often by people whose finances are decidedly more modest — especially millennials. Here’s why: Increased debt In the past, it was common for couples to get married without much to their names — either in terms of wealth…

In today’s world, digital assets have increasing value in almost every aspect of people’s personal and financial lives — which means that they’re also increasing in importance during divorces. What exactly is a digital asset and what happens to shared accounts during divorce? Here’s what you should know. The basics of digital assets Digital assets include services you receive online…

Marriage and divorce are as much about economics as they are matters of the heart. In fact, a lot of attorneys encourage their clients to try to put their emotions on hold during a divorce and concentrate purely on the financial decisions that need to be made — because the repercussions of a bad decision during a divorce can last…

If you either have already inherited, or expect to inherit, any significant assets, it’s important to consider how marriage — and divorce — could affect those assets. You risk losing them in divorce if you don’t take steps now to protect them. Here are some of the things you should know about inheritances: 1. Ask for a prenuptial agreement that…

Most marital property has to be divided during the divorce process. That said, separate property is often protected from this division. The key is in determining what is separate property and what is owned by both individuals as a married couple. It can be tricky, but a few examples of separate property include: Items that you owned before you and…

You and your spouse are going to get divorced. You don’t have much, so the property division process seems simple. You’ll sell the house, split up what you earn and easily divide your other assets. However, you know that your spouse is going to be wealthy. His or her parents have already talked with both of you — not knowing…