If you and your spouse are over the age of 50 and facing divorce, you may have significant assets given your many years of marriage. You may dread the property division phase of the divorce assuming it will be lengthy and complex. Here are five tips to help you...
Property Division
Handling home equity in a Georgia divorce
On Behalf of Ordway Law Group, LLC | May 25, 2022 | Property Division
Once you take emotions out of the equation, much of the divorce process involves disentangling your life from that of your ex and figuring out how to divvy up shared assets and debts. For many Georgia residents navigating divorces, home equity serves as one of the...
How are life insurance policies managed in divorce?
On Behalf of Ordway Law Group, LLC | Apr 27, 2022 | Property Division
You and your spouse may have life insurance policies to provide financial support to your family when you die. After a divorce, your financial obligations do not disappear, but you might need to change your policies. Whether you have term or permanent life insurance...
Dividing digital assets in a Georgia divorce
On Behalf of Ordway Law Group, LLC | Apr 1, 2022 | Property Division
Whether the marriage lasts a handful of years or several decades, it is not uncommon for couples to amass significant assets during their time together. From intangible financial assets such as a retirement plan or deferred compensation to physical property such as a...
A plentiful list of overlooked assets in divorce
On Behalf of Ordway Law Group, LLC | Mar 3, 2022 | Property Division
The divorce has you scrambling. It was not unexpected, but it still rattled you. The division of assets is a significant part of the divorce process, and you want to make sure that you retain as much as possible. Sure, you know that you may have to sell the home that...
Cryptocurrency playing a bigger role in divorce cases
On Behalf of Ordway Law Group, LLC | Jan 11, 2022 | Divorce, Property Division
When you decide to split from your Georgia husband or wife, one of the things you must do in the aftermath is figure out how to handle property division. Your ability to receive your fair share depends to some degree on either your spouse’s honesty about his or her...
What should you consider about your mortgage and marital home?
On Behalf of Ordway Law Group, LLC | Dec 9, 2021 | Complex Divorce, Divorce, Property Division
As part of your divorce, you and your current spouse must decide what to do with your marital home. You still have a mortgage to pay, so should you sell the home or stay in it? Bankrate gives a rundown of options for divorcing homeowners. Learn which option makes the...
Self-care tips that can help you move forward after divorce
On Behalf of Ordway Law Group, LLC | Sep 14, 2021 | Divorce, Property Division
A Georgia divorce can mean changing your lifestyle and making tough decisions that wring you out emotionally and physically. The stress caused by the split often has a ripple effect that can impact everyone around you, from your ex and children. Your work performance...
Retaining your 401(k) in your divorce
On Behalf of Ordway Law Group, LLC | Aug 30, 2021 | Property Division
Going into your divorce proceedings in Georgia, you may feel as though you know everything the process entails. Such was the assumption of many of our past clients here at the Ordway Law Group, LLC. Yet just as they were, you may find it surprising to discover that...
Be careful of these mistakes when dividing an IRA
On Behalf of Ordway Law Group, LLC | May 14, 2021 | Property Division
Spending years saving money in your IRA might have been your key to a comfortable retirement, so when divorce looms on the horizon, you want to keep as much of it as possible. If you and your spouse are on the same page, you have a chance to work out a smooth division...
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