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December 2019 Archives

A trust protects your kids' inheritance from your ex if you die

Other than the custody of your children, the division of your possessions is probably the most contentious part of a divorce. People often go to great lengths to keep their ex from unfairly walking away from the marriage with more of the marital assets than they deserve. Those same people can then make the mistake of not planning to protect those assets from their ex if they die.

Why spousal support may be worth fighting for

Alimony used to be commonly awarded to the wife in a Georgia divorce. But in recent years, that trend has changed. Now, it's called spousal support instead of alimony, and either spouse may be the recipient of these payments. But it is far likelier that neither will be awarded spousal support in the divorce.

How does divorce differ for wealthy couples?

Divorces can be complex matters when the couple has amassed considerable wealth and resources during their time together. It certainly is not as easy to disentangle yourself from a 20-year marriage and split the financial accounts, vacation homes and art collections as it is for young couples with few assets.

Mediation preserves privacy in divorce

Divorcing parents should do all that they can to shield their children from the harsher realities of the split. However, because divorce proceedings are public records, no matter how circumspect the parents may be, there is always a risk — either now or in the future — that the kids could become privy to the details of their parents' divorce.

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