Tag Archives: assets
Should You Keep the House in Your Divorce?
Posted on 29. Apr, 2009 by Alabama Divorce Lawyer, Michael Sherman.
Welcome back! I hope you will consider adding your thoughts or questions to the comment sections of our Alabama divorce and family law articles. Also, you can contact me directly by visiting the Contact Page. Thanks again for returning to our site.This is a question that comes up quite a bit in my work [...]
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Financial Planning for Divorcing Spouses
Posted on 28. Apr, 2009 by Alabama Divorce Lawyer, Michael Sherman.
The Daily Breeze recently published an article on the finanical planning that divorcing spouses should consider. The article suggests that in addition to having good divorce attorneys involved, that divorcing spouses should also consider involving a “divorce savvy” finanical planner. One of the soundest pieces of advice that the artilce suggests is also something I [...]
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Division of Retirement Assets in Divorce
Posted on 24. Apr, 2009 by Alabama Divorce Lawyer, Michael Sherman.
A prospective client recently asked me whether or not she could receive a portion of her spouse’s retirement account in her upcoming divorce. I explained to her that in Alabama, if the parties have been married for 10 years preceding the filing of the divorce complaint, the court has the discretion to award them up [...]
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Hidden Assets in Divorce
Posted on 24. Apr, 2009 by Alabama Divorce Lawyer, Michael Sherman.
It is not unusual for spouses to attempt to hide or undervalue assets during the divorce process. Here is a list of areas to look for potentially hidden and undervalued assets. It is from Kansas family law blogger Grant Griffiths. If you think your spouse may be participating in this type of unethical conduct, be [...]
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Traps to avoid when things get ugly
Posted on 24. Apr, 2009 by Alabama Divorce Lawyer, Michael Sherman.
MSNBC has posted an article on traps to avoid if things get ugly. It is called Covering Your Assets in a Divorce. It generally contains good advice, but here’s my favorite quote: If you want to be smart about divorce, do your homework and keep your emotions out of it. Splitting is rough enough without [...]