By Horne & Slaton, PLLC | Published April 7, 2015 | Posted in Divorce | Tagged Tags: divorce, property division | Leave a comment
Home renovations may lead to divorce
Many married couples end up buying a home together at some point during their marriage. Owning a home can be a great feeling, and many homeowners end up making changes to their homes to better suit their personalities and needs. Homeownership can be a wonderful experience. Many couples choose to do renovations to their home. Read More
Read MoreDivorce rate high among older couples
The divorce rate among older couples in the United States has increased significantly compared to previous decades. The increase in couples age 50 and older getting divorced, commonly referred to as “gray divorce,” has led to many unique challenges and questions that baby boomer couples never thought they’d be asking at this stage in life. Read More
Read MoreFrank McCourt comes out ahead in divorce fees fight
Arizona baseball fans may remember former Los Angeles Dodgers owner Frank McCourt, who is currently involved in a lawsuit filed by a man who claims he was beaten up while at a game. The man allegedly suffered serious injuries, and he is suing the Dodgers and McCourt for upwards of $36 million. While that case Read More
Read MoreDealing with a house and mortgage after divorce
Dividing the value of large marital assets, such as a house, is an important part of many divorce proceedings. It can also be one of the most complex. Arizona residents may be interested in various strategies for dealing with a house during a divorce. There are also some important aspects of property ownership and debt Read More
Read MoreReasons for a prenuptial agreement
While a prenuptial agreement may seem anti-romantic, it can actually serve many different purposes for Arizona couples who are planning to get married. For those who have been married in the past and have significant assets, a prenuptial agreement may be a viable way to protect those assets. Those who have children from a previous Read More
Read MoreDivorcing Arizona spouses should make financial considerations
Sometimes during the process of a divorce, the spouse who was less involved in finances may not be entirely aware of what financial aspects they need to consider during negotiations for property division. One of these, for example, might be the value of assets, which can easily be overlooked but contain high emotional value. Taxes Read More
Read MoreCommunity property exceptions in Arizona
Arizona is one of a handful of states that follows community property laws in divorce property division proceedings. Community property laws state that any assets or debt that are acquired during the marriage are considered to be the property of both spouses. Those assets and debt are then usually split evenly between the parties in Read More
Read MoreMarriages more likely to end when wife is ill
Arizona couples may be interested to learn about a recent study demonstrating an increased divorce rate in situations where the wife is diagnosed with a serious illness. No corresponding rate increase was found in marriages in which the husband was ill, however. Researchers reviewed data obtained from the Health and Retirement Study, which tracked the Read More
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