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November 2018 Archives

Is it time to add a forensic accountant to your legal team?

If you and your spouse are a high-asset couple contemplating a Georgia divorce, you may suspect that (s)he is hiding or attempting to hide marital assets from you in order to keep these assets out of your property settlement negotiations. Unfortunately, asset hiding, a form of illegal financial fraud, is not all that uncommon.

Spousal support payments should be set in your budget

Finding out that you are going to have to pay alimony is tough, especially when you are adjusting to life on a new budget based only on your income. There are many factors that the court considers when it is trying to determine how much these financial support payments will be. One of these is your ability to pay.

Co-parenting during the holidays

Now that the holidays are fast approaching, you may find yourself wondering how to co-parent your kids with your soon-to-be ex-spouse. Your children are not babies, but they are not old enough to fully understand what separation means for your family. Though you and their other parent are living in separate households, working out your difficulties to create a feasible co-parenting/child visitation plan can help make things easier and more enjoyable for everyone. 

Consider carefully which assets you accept in a divorce

Are you in the process of a divorce or think you may be headed that way? If so, make sure that you don't end up getting a raw deal when you divide the marital assets. It's often smart to have a financial advisor on your team as you go through the process of dividing assets -- particularly if those assets are substantial. The larger the assets that have to be divided, the greater the potential for a serious mistake.

Some, not all, divorces qualify for spousal support

Going through a divorce is an expensive endeavor. For some people, this is also a time that is financially scary because they don't have the money to support themselves. One reason for this is that some spouses remain home to care for the children and the home. In these cases, spousal support might be in order.

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