Division of Assets
Is There a Penalty for Hiding Assets in a Divorce?
Where is the love? This is a question people who are in the midst of a divorce might ask when they discover that their soon-to-be-ex spouse has been hiding assets that belong to both of them. Unfortunately, hiding assets in divorce is all too common. What are the penalties for hiding assets in a divorce?…
Read MoreWho Keeps Which Assets in a Complex Divorce?
The division of assets and determining who will get custody of the children can be the two most contentious issues in divorce. Most people plan to be married forever when they say their “I do’s.” Over the years, they have children together, build homes and businesses, and he may collect classic cars and she may…
Read MoreComplicated Divorce Issues: How Business Valuation and Division Works
In January 2015, Harold Hamm, who has been embroiled in a spectacularly complicated divorce, wrote a $975 million check to his ex-wife to settle their property division dispute that began in 2012. Mr. Hamm is the billionaire CEO of Continental Resources, a business he started in 1967. Mr. Hamm is said to be worth more…
Read MoreWho Gets the Beach House? (And Other Questions about Asset Division in Divorce)
The division of assets can be one of the most contentious issues divorcing couples have to deal with. When the couple has a vacation home in another state or perhaps even in another country, things can get complicated when it comes to deciding who takes what. When coming to a fair compromise is out of…
Read MoreDivorce and Taxes: What to Tell Your Accountant
For many people, tax season brings a lot of uncertainty and anxiousness. If you have recently gone through a divorce, it may create even more frustrations, especially if you and your former spouse have children together. Here are some things you should know: An accountant is a solid financial investment. There are a number of…
Read MoreAll of Tennessee’s Celebrities Are Getting Divorced – or so it Seems
At least once a week, a headline pops up on the news about Miranda Lambert and Blake Shelton getting a divorce. And every single week, one (or both) of them denies that it’s true. Over the past few weeks, however, the focus has shifted slightly to Gina and Pat Neely, the celebrity chef couple, and…
Read MoreCommon “Myths” Regarding Divorce in Tennessee
We’ve all heard the stories – a friend of a friend lost custody of her child because of a picture on Facebook, or your second cousin’s brother has to pay ¾ of his salary in spousal support until he dies. While the laws governing divorce in Tennessee are complicated, most of what you hear isn’t…
Read MoreAppealing the Judge’s Ruling on Your Asset Division in Tennessee
We bet someone at some time in your life (probably your mother, if you’re anything like us) has uttered the words “Life isn’t fair” – and most likely, it was at a time when the last thing on earth you wanted to hear was that. But the sad truth is that when you’re in the…
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