Georgia residents who have heard people talk about spouses that hide assets just before or even during a divorce might wonder what this really looks like. Do you think you would know if your husband or wife was doing this? Why would they do such a thing?
Georgia residents who are dating and considering marriage or perhaps who are married and contemplating divorce both understandably may wonder exactly what a divorce might really mean for them. In thinking about divorce, some people look around to see how many others are going through this experience as well.
Are you and your spouse planning to get divorced in Georgia soon? Are you perhaps in the midst of a divorce? If so, you should learn what a Qualified Domestic Relations Order is and when you might actually benefit from using one in your divorce.
Anyone in Georgia who has ever gotten a divorce knows that untangling a marriage can be a very complicated thing. When the couple also owns and runs a business together, there is a whole new layer of complexity with which to deal.
When you and your spouse make the decision to end your marriage in Georgia, the actions you take next may affect your life for years to come, or even forever. The right choices may not be immediately obvious, though. We at The Siemon Law Firm often provide advice to those who want to avoid potentially devastating missteps during the divorce process.
Dividing real estate during a divorce in Georgia may seem cut and dried if your spouse wants to keep the home and you do not. However, coming to this agreement may not be as important as determining whether this decision is worth the potential financial and legal tangle. According to the New York Times, assessing the value of the home and fairly dividing the amount of equity in it are only two of many issues to consider if your spouse decides to keep this marital property.
Even when two people make substantial incomes on their own, they may not be eager to end their marriage without a settlement that appears to treat them both fairly. Finally reaching an agreement may seem to be the end of the story, but how the parties honor their responsibilities as outlined in the final decree may make a difference in whether they are acceptable.
For many divorcing couples who have amassed a significant degree of wealth, mediation might not seem like the best choice. On first blush, it would appear that a high-asset divorce should be more contentious, and the courtroom would be the only appropriate venue for a divorcing couple to battle over every detail.
Considering division of property in divorce, most people think of things like homes, cars, jewelry and other tangible items. However, there are other assets that are just as important in divorce: Virtual assets.
Identifying and valuating all the assets you and your spouse have accumulated during your marriage in Georgia may be a complex process involving a variety of professionals. We at The Siemon Law Firm have answered many questions about how the court may approach the division of marital property based on many factors in your marriage, and the strategies that couples have used to reach a fair settlement.