One of the most distinct qualities of our country is the fact that each state has the power to set its own laws. Many people forget that the United States was founded as a Republic of independent States, and this system allows people to control what happens in their local community through democratic processes. Although…
DetailsPeople generally see the cancellation of a divorce as a good thing. When people decide to give their relationships a second chance, friends and families may react with hope and encouragement. Calling off a divorce may be seen as especially positive if there are children involved. However, it is important to keep financial implications in…
DetailsMany Americans today own professional practices. There are about 1.4 million accountants nationwide, with many of these individuals owning their own firms. Lawyers follow closely, with about 1.3 million attorneys operating in the United States. Many of these lawyers own their own firms. The same goes for many medical professionals. About 200,000 dentists span the…
DetailsFor many divorcing spouses, the family home represents the most valuable asset in the estate. It may also be separate property if it was owned by one spouse prior to the marriage. Any increase in the value of that separate property during the marriage becomes divisible and falls under the category of marital property. That…
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Experienced divorce attorneys often notice a sudden influx in divorce consultations around the holidays. Aside from making our work a little more hectic at the most inopportune time possible, this phenomenon has puzzled legal experts for many years. Why exactly do so many spouses decide to get divorced at this point during the year? Perhaps…
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In the United States, inheritance is always kept separate from the property division process – but many other countries follow different systems. Although we Americans take many aspects of our divorce law for granted, it’s easy to forget that we are not the only country with a complex system regarding the dissolution of marriages. This…
DetailsFor most divorcing spouses, the dollar value of their pets is not the major issue. Instead, spouses tend to consider the emotional attachment to these animals. In many ways, this emotional attachment causes spouses to fight harder for control of their pets – in the same way as a parent fights for custody of a…
DetailsIn most divorces, non-disclosure agreements simply prevent embarrassing details from getting out to the public. For example, cheating spouses might want to keep their marital misconduct under wraps – especially when both parties are guilty of infidelity. But when you start dealing with extremely high-net-worth marital estates wrapped up in major corporations, this information could…
DetailsIn an era of economic uncertainty, pretty much every American wants a cheaper divorce. In fact, some Americans are under so much financial pressure that they cannot afford to get a divorce in the first place, forcing them to remain in unhappy or even unsafe marriages. So, what can we do to make divorce cheaper?…
DetailsAlthough remarrying a spouse might seem like a rare occurrence in the United States, it might be more common than you realize. In fact, recent statistics suggest that as many as 15% of couples reconcile after they separate. While only 6% of couples actually remarry after divorcing, this number is still notable – and it equates to…
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