A divorce can be a complicated and
emotional time for both parties, but it might be even more so if one spouse owns a business.
It is usually an extremely
emotional time for the parties involved and also for their children, if they have any.
Not exact matches
The New Yorker reported in October that Kojima left Konami's offices
for the last
time on Oct. 9, following a farewell
party at Kojima Productions in Tokyo that one employee characterized as «a rather cheerful but also
emotional goodbye.»
If
parties are at the point of
emotional and financial exhaustion by the
time they reach mediation, it will not be practical
for them to continue on to a hearing when no settlement is reached.
If
parties are at the point of
emotional and financial exhaustion by the
time they reach mediation, it will not be practical
for them to continue on to a hearing when mediation fails.
The court, upon the motion of either
party or upon its own motion, may make provisions
for parenting
time that the court finds are in the child's best interests unless the court finds, after a hearing, that parenting
time by the
party would endanger the child's physical health or significantly impair the child's
emotional development.
No matter what the financial circumstances are at the
time, it is of paramount importance
for all practitioners to ensure their client's appreciate that if they do not deal with financial matters now then it may come back to haunt them in the future, and that while they may also stand to benefit in the future this is likely to come at great financial and
emotional cost to one or both
parties.
However,
for many divorcing parents, the cooperative process is a cutting edge and cost saving approach to achieving personal parenting and financial goals, while at the same
time preserving the
emotional health of the
parties and the children.
In making an equitable apportionment of marital property, the family court must give weight in such proportion as it finds appropriate to all of the following factors: (1) the duration of the marriage along with the ages of the
parties at the
time of the marriage and at the
time of the divorce; (2) marital misconduct or fault of either or both
parties, if the misconduct affects or has affected the economic circumstances of the
parties or contributed to the breakup of the marriage; (3) the value of the marital property and the contribution of each spouse to the acquisition, preservation, depreciation, or appreciation in value of the marital property, including the contribution of the spouse as homemaker; (4) the income of each spouse, the earning potential of each spouse, and the opportunity
for future acquisition of capital assets; (5) the health, both physical and
emotional, of each spouse; (6) either spouse's need
for additional training or education in order to achieve that spouse's income potential; (7) the non marital property of each spouse; (8) the existence or nonexistence of vested retirement benefits
for each or either spouse; (9) whether separate maintenance or alimony has been awarded; (10) the desirability of awarding the family home as part of equitable distribution or the right to live therein
for reasonable periods to the spouse having custody of any children; (11) the tax consequences to each or either
party as a result of equitable apportionment; (12) the existence and extent of any prior support obligations; (13) liens and any other encumbrances upon the marital property and any other existing debts; (14) child custody arrangements and obligations at the
time of the entry of the order; and (15) such other relevant factors as the trial court shall expressly enumerate in its order.