You have worked hard your entire professional life to build up your assets and prepare yourself for your retirement. Now you find yourself with a rapidly approaching divorce. Among the many concerns you may have on your mind, you are likely wondering how the divorce...
Arizona is a community property state, which means that all marital property is divided equally between the spouses in the event of a divorce. However, it is important to remember that not all the assets that were acquired by an individual during the course of the...
We have written about the prenuptial agreement before. This contract is an incredibly important part of both marriage and divorce. However, what are you allowed to include in your prenup, and what topics are barred from being included in the contract? Some of the...
There are only a handful of states in the U.S. that abide by community property laws. This doesn't mean that community property laws are "bad," but it does mean that these laws are more uncommon -- and, thus, maybe not as recognizable or understandable -- as other...
In our source article, the Huffington Post found an amazing picture of a couple that was dividing up their assets in a divorce courtroom. That may not sound out of the ordinary to you, but in this case, they were literally splitting up their assets between them in the...
When it comes to property division in a divorce, there are two ways that states deal with the thorny issue in a basic way. Most states go with "equitable distribution," which means that in a family court, a judge decides which assets should go to which spouse. The...
In our last post about divorce, we talked about prenuptial agreements and postnuptial agreements -- legal devices that allow spouses to protect themselves and the many assets and factors involved in their marriage. Whether you and your spouse bring an immense amount...
There are few people out there that enjoy moving. It's a long and arduous process that requires a lot of heavy lifting and stressful decisions, and in the end all of your items -- the couch, the TV, the tables, etc. -- all end up in roughly the same spot that they...
Arizona is a community property state, which means that any assets or property that are deemed to be "shared" or "marital" assets are subject to community property laws. Each spouse is then given a 50 percent stake in each asset that is deemed to be subject to...
Imagine for a moment that you and your spouse have been married for a few years. You decide not to have kids, but you both know there's something missing in your life. So you go get a pet -- and for years, your lives are great. But then one day you and your spouse...