For many, protecting their retirement funds from excessive taxation is one of the most important things in their lives. However, all that can quickly take a back seat when a divorce occurs. During a divorce, especially in a state like Georgia where there is equitable...
Property Division
What happens with a business in a divorce?
For business owners, their own success and income is based on the success of their company. When business owners face a divorce, the process to accurately assess the business's value can be complex. The process can also have high stakes, with business owners...
Taxes and property division in divorce cases
Most people who decide to get divorced in Georgia understand that they will have to divide the property that they have accumulated during their marriages. However, many of them do not give much thought to the potential tax implications of dividing their property....
Divorce affects business valuation and credit card debt
Valuation of a business in Cumming, Georgia, and disputes over credit card debts commonly confront couples seeking a divorce. State law calls for an equitable division of marital property. Equitable does not necessarily mean a completely equal split if evidence...
Are you going to have to pay your ex’s debts in divorce?
Financial issues are one of the leading reasons that people get divorced. There is a broad range of financial issues that can lead to a couple ending a marriage. Someone with a gambling problem who destroys the family's savings account, for example, could likely face...
What happens to retirement plans in a divorce?
When going through a divorce, it feels like there are countless things to keep track of. Some jump to mind immediately – child custody and child support, property division, impacts on the business. But there’s one thing that is easy to overlook: the retirement plan....
How stocks are divided during divorce
Investments are an excellent way for a person to build their career, supplement their income or build a nest egg for their future. Divorce is a major obstacle for anyone's future plans and can have a major impact on the future of a person's investments. It leaves many...
What you need to know about dividing a home in a divorce
When you divorce, a shared life is split in two. Not only is your relationship over, but you must also divide all your shared property. You must decide who gets the china, the cars and the couch. Georgia is an equitable distribution state. All your marital property,...
Dividing Teacher Retirement Benefits in Georgia Divorce
There are some benefits that are notoriously difficult to divide in divorce. Military benefits commonly cause numerous challenges, and complex IRAs for executives also pose challenges. However, many people don't realize it, but teacher retirement benefits are among...
Avoiding a big IRA mistake in divorce
In most divorces, there is at least one dispute difficult to resolve before the marriage can be legally brought to a close. In some divorces, the most difficult disagreements can be found in emotionally charged matters such as child custody. In other situations, the...
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