Divorce and your art collection
Browning & Smith Blog
by Admin
3M ago
Beyond the emotional burden a divorce can place on your life, the separation can also create anxiety over asset division. For Georgia couples with art collections, the separation can become even more intricate. Art holds both financial and emotional value, making its division a delicate matter that requires careful consideration. Appraisal and valuation Before dividing the art collection, it’s crucial to have a professional appraisal to determine each piece’s value. This valuation helps ensure an equitable division and can be a foundation for divorce negotiations. Separate vs. marital property ..read more
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What is meant by financial infidelity in a gray divorce?
Browning & Smith Blog
by Admin
3M ago
Although Georgia couples make their wedding vows expecting to live happily ever after, many end up dissolving their marriage. When married couples 50 and over split, it’s known as “gray divorce.” Financial infidelity is often a major factor. Understanding financial infidelity In a gray divorce, financial infidelity refers to one party’s dishonesty about money. It happens when one spouse spends large amounts of money and racks up sizable debt or hides money from the other spouse. Financial infidelity may entail a serious gambling habit, poor credit card usage or even an extramarital affair. Eff ..read more
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Divorcing and having children requires a team effort
Browning & Smith Blog
by Admin
3M ago
Remember that the children involved should be a top priority when divorcing. While the process can be complex and emotional, having a child-centered approach can help minimize the negative impact on your children. Whether you live in Georgia or another part of the country, the following tips can help you have a child-centered divorce. Put your children’s needs first One of the most important aspects of a child-centered divorce is putting your children’s needs first. This means prioritizing their emotional well-being and minimizing the disruption to their lives. It’s essential to keep communica ..read more
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The role of a CDFA in Georgia
Browning & Smith Blog
by Admin
3M ago
Certified Divorce Financial Analysts – known as CDFAs – aren’t exactly a common divorce tool for most Georgia residents. However, they might be a very useful resource for couples who need help navigating their finances during the divorce process. What makes a CDFA special Certified Divorce Financial Analysts are trained accountants that can help couples with their finances. Not only do CDFAs have years of experience working with people going through a divorce, but they must go through specialized training and certification before they’re allowed to offer CDFA services. CDFAs can help answer di ..read more
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How to create the best co-parenting plan for everyone
Browning & Smith Blog
by Admin
3M ago
Parents in Georgia who are no longer together should always work to make things easy for their children. One of the best ways to do that is to create an optimum co-parenting plan. What is a co-parenting plan? A co-parenting plan is a document that covers how the parents will continue to raise their children after a divorce or separation. Co-parenting plans are created with the child’s best interests in mind. They determine how the child will spend time with each parent while taking their schedule into consideration. How can a co-parenting plan be successful? Having a successful co-parenting pl ..read more
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Everything you need to know about gray divorce
Browning & Smith Blog
by Admin
3M ago
When people think of divorce in Georgia, they often think of young couples. However, an increasing number of divorces are happening among couples who have been together for a long time. This phenomenon is known as “gray divorce.” There are a few different reasons why this form of divorce has become more common in recent years. What is gray divorce? Gray divorce is a term used to describe divorces that happen among couples who have been married for a long time. The age of these couples when they get divorced varies, but it’s generally considered to be people who are over the age of 50. Why has ..read more
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A 50/50 split is not always the best child custody plan
Browning & Smith Blog
by Admin
3M ago
Going through a divorce is usually a lot more difficult when children are involved. Working out a child custody agreement with your estranged spouse can be complicated and highly emotional. Most Georgia parents want to have custody of their child seven days a week, but when you get divorced, that’s usually not possible. Pros and cons of a 50/50 split Dividing parenting time with a 50/50 split might sound like the simplest solution to child custody. While an alternating weeks schedule is simple to plan, it’s not always in the child’s best interest. The pros of a 50/50 schedule are that the chil ..read more
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4 scenarios when child support modifications are necessary
Browning & Smith Blog
by Admin
3M ago
Your child support payments have only increased in small increments due to inflation adjustments every two years. However, with news that your former spouse received a significant pay hike, you expect that will change. Child support modifications should be on the horizon. A few factors come into play regarding child support modifications. Along with the previous-mentioned scenario, other types of situations that surface call for adjustments – whether an increase or a decrease – in child support payments. Life circumstances come into play regarding child support modifications. And we know that ..read more
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Settle or litigate?: Consider these 4 divorce factors
Browning & Smith Blog
by Admin
3M ago
Each marriage is unique, and when spouses decide to go their separate ways, they have specific choices to make over the type of divorce process to pursue. Should they go to court or work together to settle their differences? Most couples want to make the process as fast and painless as possible, especially when they have children. However, many times it’s not so simple when complex financial assets are involved. While each case is different, there are common factors to consider. Four primary divorce components Along with consulting an experienced Georgia family law attorney, it’s advisable to ..read more
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Divorce and your art collection
Browning & Smith Blog
by rajayogan.s@thomsonreuters.com
8M ago
Beyond the emotional burden a divorce can place on your life, the separation can also create anxiety over asset division. For Georgia couples with art collections, the separation can become even more intricate. Art holds both financial and emotional value, making its division a delicate matter that requires careful consideration. Appraisal and valuation Before dividing the art collection, it’s crucial to have a professional appraisal to determine each piece’s value. This valuation helps ensure an equitable division and can be a foundation for divorce negotiations. Separate vs. marital property ..read more
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