Category: Property Division

Last updated on April 8, 2021

When getting divorced, spouses in Georgia may need to split the assets in their retirement accounts as part of their property divisions settlement. However, it is important to understand that splitting these accounts may not be the same as splitting other assets as special rules may apply. SmartAsset indicates that without the use of a […]

Continue reading Splitting retirement accounts in a divorce ...

Last updated on April 8, 2021

Assets that a couple obtains during the marriage become marital property, and these have to be divided in a Georgia divorce. Forbes warns that unlike financial assets, personal property does not have a straightforward price tag that can be used as a bargaining tool when spouses are trying to decide who gets what. Artwork falls […]

Continue reading Before you divide the artwork: The importance of valuation ...

Last updated on April 8, 2021

Divorce is more than the end of your relationship; it is also the end of your household in Georgia. While property division may not be the first thing you think of when you receive a summons from your spouse requesting a divorce, reading through his or her wishes that have been presented to the court […]

Continue reading Answering a complaint for divorce ...

Last updated on April 8, 2021

In spite of the factors that the court system takes into consideration during equitable property division in a Georgia divorce, it appears that many women may still face greater hardship, especially as they reach retirement age. According to WomensENews.org, researchers have discovered that single women ages 65 and older were more likely to be living […]

Continue reading Link between divorce and poverty threatens older women ...

Last updated on April 8, 2021

Dividing real estate during a divorce in Georgia may seem cut and dried if your spouse wants to keep the home and you do not. However, coming to this agreement may not be as important as determining whether this decision is worth the potential financial and legal tangle. According to the New York Times, assessing […]

Continue reading Should you agree to give up the house? ...

Last updated on April 8, 2021

The financial outlook you and your spouse shared may change dramatically after your divorce in Georgia. The judge will attempt to make the division of assets and debt fair based the individual income and circumstances of you and your spouse, but the final decree may still result in a situation that is financially challenging. Having […]

Continue reading A new start: Steps to reestablishing credit after divorce ...

Last updated on April 8, 2021

If you are planning to file for divorce in Georgia, you may be feeling emotional and financial strain as you make your way through the process of ending your marriage. According to Time Magazine, a recent survey indicated that a change may be coming in the legal processes of marriage and divorce, at least if […]

Continue reading I do – for now: Will short-term marriages become a trend? ...

Last updated on April 8, 2021

Regardless of the ages of spouses who are getting divorced in Georgia, their financial outlook as single people may not be as rosy as it was when they pooled their incomes and shared expenses. However, the closer they are to retirement, the more important it is for each of them to maximize their income potential. […]

Continue reading Don’t miss out on this source of income after divorce ...

Last updated on April 8, 2021

Georgia residents who are preparing to walk down the aisle for the second or subsequent time should give strong consideration to creating a prenuptial agreement. There are a few reasons for this. First of all, the fact that a remarriage is happening gives proof to the fact that even the most promising marriages may end […]

Continue reading Prenups for blended families ...