What is shared custody and how does it affect child support in Connecticut? A parenting plan may call for the parents to share custody of a child. In such an arrangement, the child essentially has two homes with toys, clothes and other possessions in the homes of both parents. Shared custody does not always result…
Automatic Orders in a Connecticut divorce are essentially restraining orders, which take effect at the beginning of a divorce case. The Orders are designed to maintain the “status quo” so that one spouse does not take advantage of the other spouse. The Orders attempt to make the early stages of a divorce more efficient and…
Effective August 15, 2011, Connecticut Practice Book Section 25-2A requires: If a party to a divorce wishes to enforce a premarital or postnuptial they must disclose the existence of the agreement within 60 days of the return date of the divorce complaint and demand its enforcement. If a party to a divorce seeks to avoid…
Are you heading for divorce? Do you own a business? What strategies should you employ if your business is considered a marital asset? The article below, from “Entrepreneur,” sets forth seven maneuvers if divorce is contemplated. These tactics include maintaining good records, obtaining a fair valuation/appraisal, paying yourself a reasonable salary and maybe even firing…
I just read an article, which offers practical financial advice for those individuals contemplating or in the process of a divorce. I especially agree with the notion that not all marital assets are created equally. For example, a pension or other retirement plans are particularly attractive assets due to their tax treatment and the potential…