Dealing with anxiety over child support payments
Snodsmith Law Blog
by bkabritsor
1d ago
Dealing with child support payments can be a source of anxiety and stress for many parents. The financial obligations and uncertainties that come with child support can take a toll on your mental well-being. It is important to address these feelings of anxiety and find healthy ways to cope with the challenges of making child support payments. Communication and budgeting If you are feeling anxious about child support payments, it is vital to communicate openly with your co-parent about your concerns. Discussing your financial situation, setting realistic expectations and finding common ground c ..read more
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Sorting your assets prior to divorce
Snodsmith Law Blog
by bkabritsor
2d ago
Going through a divorce involving significant assets can be a challenging process. One key step in preparing for a divorce is conducting an inventory of your assets. It is important to go over steps you should take to make sure that you have a comprehensive list of all assets. Reviewing documents and listing assets Start by gathering all relevant financial documents. These include bank statements, investment accounts, real estate deeds, retirement account statements, tax returns and any other documentation related to your assets. Organizing these documents will provide a clear picture of your ..read more
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How should you tell your kids about your divorce?
Snodsmith Law Blog
by bkabritsor
2d ago
When you and your spouse decide to get divorced, you may have many concerns. One of these is likely how your children will react to the news of the divorce and the impending legal process. Telling your children about your divorce can be a difficult and emotional conversation. Approaching it with care and sensitivity can help ease the transition for them. Choose the right time and place Select a quiet and private setting to have the conversation with your children. Avoid discussing the divorce during times of stress or conflict, such as before school or bedtime. Allow plenty of time for the con ..read more
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Does religion affect child custody arrangements?
Snodsmith Law Blog
by tatjanaanne.perez@thomsonreuters.com
2M ago
It is no secret that child custody arrangements involve considering multiple factors, regardless of whether the court decides or parents agree on the terms by themselves. However, the uncertainty usually lies in what these determining factors are. Is religion one of them? On the child’s best interests Generally, religion has no direct impact on child custody determination. However, if the court deems a parent’s religious practices harmful to the child’s well-being, this can influence custody arrangements. Conversely, if a religious practice contributes positively to the child’s life, the court ..read more
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How do courts know the level and type of spousal support to award?
Snodsmith Law Blog
by tatjanaanne.perez@thomsonreuters.com
3M ago
Divorce often involves the complex and sensitive issue of spousal support or alimony. Knowing the factors that courts consider in determining the level and type of spousal support is essential for both the recipient and the payor. This understanding sets realistic expectations and promotes a smoother divorce process. Courts use certain factors as their guide Whether the court will award a permanent, temporary or other level or type of alimony will depend on their consideration of certain factors, which include the following: Marriage length: Generally, longer marriages are more likely to resul ..read more
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What you need to know when divorcing without a prenup
Snodsmith Law Blog
by ysabel.carlos@thomsonreuters.com
3M ago
Prenuptial agreements are valuable in divorce because the parties involved have already agreed on various issues such as property division, child custody and alimony. After acquiring considerable assets, individuals considering divorce may wonder whether the absence of this document would put them at a disadvantage. The role of prenuptial agreements in divorce A prenuptial agreement is a strategic document that allows marrying couples to establish clear instructions for property division if their marriage ends. Its primary benefit is to help simplify and minimize disputes during divorce. Howev ..read more
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How do courts divide investment incomes in a divorce?
Snodsmith Law Blog
by tatjanaanne.perez@thomsonreuters.com
3M ago
Navigating through a divorce can be overwhelming, especially when dividing assets. One significant property concern divorcing parties have is the division of investments and their incomes. Understanding how courts handle the intricate process of splitting investment incomes can help protect your property rights and set expectations. Period of occurrence is crucial When dividing properties in a divorce, Alabama courts only consider marital assets or those properties the spouses acquired during the marriage. With a few exceptions, properties parties acquired before the marriage are separate and ..read more
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What qualifies as interference with custody in Alabama?
Snodsmith Law Blog
by christelle.arcangel@thomsonreuters.com
4M ago
Child custody can be a sensitive topic during divorce proceedings, potentially causing subsequent issues even after finalizing the process. There are various concerns when planning details surrounding the child’s life, posing different legal, emotional and social complications. Ideally, co-parents can collaborate and compromise, allowing both parties to spend time with the child. Other times, involved parties can have conflicting opinions, impacting parental rights, family dynamics and structure. Some disputes can escalate to the point that a parent would take measures to disrupt the other par ..read more
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Understanding how retirement accounts are divided during divorce
Snodsmith Law Blog
by tatjanaanne.perez@thomsonreuters.com
4M ago
Because of the financial value they hold and the potential future income they represent, retirement accounts are one of the important assets parties keep a close eye on during divorce property division. However, dividing retirement accounts is often overwhelming since it depends on several factors, such as the applicable state laws, the type of accounts involved and whether there are premarital agreements on the matter. How the state law affects the division Every state follows a different rule when dividing marital assets. In Alabama, courts divide marital properties, including retirement acc ..read more
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The impact of indirect contributions on dividing a business
Snodsmith Law Blog
by mariakarencristine.legion@thomsonreuters.com
5M ago
Marriage and business both require sweat, blood and tears. But when the business outlasts the marriage, things can quickly become contentious. Whether the business is a marital property acquired during the marriage or a separate property obtained before the marital relationship, both parties’ extent of involvement is often unequal. One party may have significantly brought in more to advance the business than the other. However, a more involved spouse does not necessarily mean the other did not do anything to add value to the business. Sometimes, a spouse’s indirect contributions entitle them t ..read more
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