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…
Yet another example of parental alienation. A father created a blog called “The Psycho Ex Wife” where he vented about his ex – the mother of his two boys ages 10 and 12. During a recent court hearing, a judge ordered the father to shut down the blog. According to the judge, the father was…
I get a few phone calls a month from prospective clients about collaborative divorce. What is it? Is it the same as divorce mediation? Do I have to go to court if I do collaborative divorce or mediation? Collaborative divorce is similar to mediation in that both processes are designed to be less adversarial than…
Same sex marriages in Connecticut were legalized in October 2008. But that doesn’t mean that spouses in a same sex marriage derive all the benefits of a heterosexual marriage. Some examples of inequality include: 1. Tax returns. Since Connecticut acknowledges same sex marriages a same sex couple may file a joint state income tax…
Yes – it does. It is true that Connecticut is a “no fault” divorce state. However, “no fault” simply means that a Court may grant a divorce without finding either spouse at fault for causing the divorce. For example, if the parties have reached a resolution on how to settle their divorce, a judge will…