Sentences with phrase «one's marital estate»

Experienced family lawyers who have a particular competence with large marital estates, complex property issues and contested child custody cases.
Not every family lawyer has the qualifications and tools needed to effectively handle cases that involve high - asset marital estates.
If you have a particularly complex marital estate or are unfamiliar with the laws that apply to your divorce, it can be challenging to know if you are making the best decisions.
We are well - versed in cases involving unique complexities, including high value marital estates.
Sometimes, a spouse who would ordinarily be entitled to monthly maintenance payments receives a larger share of the total marital estate instead of monthly payments after the divorce is finalized.
Typically, such debts are part of the overall marital estate — even if they are incurred without the other spouse's awareness.
The firm handles a wide range of cases ranging from complex financial issues and extensive marital estates, to high conflict custody matters.
She handles matters involving complex issues, substantial marital estates and business valuation.
Regardless of approach, it is complicated to separate large organizations — just ask any divorce lawyer who has handled a large marital estate.
Family Mediation is an effective method to address the issues in control, buy - outs, and sharing of marital estate that arise in divorces.
Sometime called a forensic accountant or asset searcher or a certified licensed investigator (CLI), a forensic accountant analyzes marital estates for evidence of dissipation of assets or hiding of assets.
The courts will allocate the parties» marital estate as a whole, rather than allocate each individual asset and debt.
In complex marital estates with many assets and debts, such information can sometimes be voluminous.
Additionally, counsel for both Husband and Wife conceded during oral argument that the family court never placed a value on Landscape Supply or the entire marital estate.
Lawyers with Winstead's Business Divorce Practice Group work closely with Texas family law attorneys in marital divorce cases that involve sizable marital estates, which include ownership interests in Texas private companies and private trusts.
Seeking an accurate account of all assets may also reveal hidden assetsthat were not reported or transferred prior to divorce in order for a spouse to avoid dividing the true marital estate.
Use of a financial planner is highly recommended in those cases with higher net worth marital estates.
However, the judge may consider fault in dividing property, particularly economic misconduct (dissipation) affecting marital estate, such as gambling or drug use.
A map for a young couple who are mutually agreed to divorce, who are without children and significant property, will be very different from a middle aged couple where a jilted wife who raised the children of a powerhouse corporate chief and who now battles her husband for the division of a considerable marital estate.
Attorneys Susan Elkouri and Symantha Heath are equipped to handle divorce cases that involve complicated asset division concerns, including high - asset marital estates and multi-generational family - owned companies.
Mediated and collaborative divorces often involve larger marital estates, and the parties in these actions are more likely to enlist the services of a lawyer from start to finish, including the filing.
As a result, Larry and Divorce Resolutions ® are frequently asked to assist in Colorado divorces involving very substantial assets and marital estates with more complex property division, maintenance planning, and retirement division issues.
The firm works with a network of high - quality financial experts, business valuators, forensic accountants and expert investigators to identify, value and divide complex marital estates.
On appeal the Court of Appeals awarded Husband 55 % of the entire marital estate and reduced the amount he owed Wife to $ 275,760.43.
The parties stipulated that the total marital estate was worth $ 1,300,000.
Lawyers with Winstead's Business Divorce team work closely with Texas family law attorneys in marital divorce cases that involve sizable marital estates, which include ownership interests in Texas private companies and private trusts.
To decide the division of marital property owned by divorcing couples, and whether any property held by one of the parties should be included in the marital estate, the Court will consider several factors for the purpose of making an equitable distribution.).
To decide the division of marital property owned by divorcing couples, and whether any property held by one of the parties should be included in the marital estate, the Court will consider several factors for the purpose of making an equitable distribution.
Your marital estate includes complicated assets, like stocks and mutual funds, investment real estate, pensions, other retirement assets, or business interests.
In addition, disclaimer trusts may be a good way to help reduce state estate taxes (if your state imposes one) and may help address uncertainty over the size of the marital estate, or concerns that the exclusion amount may decline in the future.
Grey divorcés might consider placing a portion of their take from the marital estate into a conservative vehicle — like a fixed annuity — to buffer them from loss and offer guaranteed income in retirement regardless of how the market performs.
Expert witnesses can provide a valuable opinion on many issues in a divorce case, such as the fitness of a parent, the financial state of the marital estate or the real value of piece of property.
Her divorce experience is diverse and has included a myriad of issues, including, but not limited to, valuation of closely held business interests, the impact of pre-marital, gifted and inherited property, custody and parenting time, child support, spousal support, equitable division of the marital estate and obligations, pre - and postnuptial agreements, division of retirement benefits, and tax implications.
Typically, at best, the family court divides the marital estate on a 55/45 basis — the court is not allowed to extract a significant penalty in equitable distribution for marital fault — awards wife some attorney's fees, and grants wife a divorce.
He clearly believes that [the wife] deserves nothing from their marital estate.
A party who contributes nonmarital property to the marital estate may be entitled to a credit, which declines over time, to compensate for the nonmarital contribution.
If the business was established after the date of the wedding, the entire value of the business can be included in the marital estate.
If you already own a business interest you spent time and effort developing before your intended came along, a prenuptial agreement can protect the increase in value of the business from the date of marriage to the date of separation from being included in the marital estate.
When a spouse has furthered the education or career of his or her spouse, he or she may be entitled to a larger share of the marital estate as reimbursement equity.
The actual amount that should be included in the marital estate is frequently an item of dispute between divorcing spouses, and these matters can become quite complex.
The logic behind this is that there can not be a marital estate if there wasn't a valid marriage.
The marital estate is instead divided in divorce cases, where a marriage is ending.
Soon after my client comes to my office, I spend a lot of time going through the parties» assets to understand the extent of the marital estate.
For example, it might be possible to transfer assets into a family limited partnership that has both estate planning and asset protection benefits however, if moving such assets into a Family Limited Partnership or Trust is designed to remove the asset out of the marital estate in contemplation of divorce in order to defraud the soon to be ex-spouse, the transfer may be rescinded by the court as being a fraudulent conveyance.
However, if done in contemplation of divorce, the courts may take action adverse to the party who engaged in tactics designed to minimise the marital estate.
However, although the laws vary between the states, there may be some circumstances in which an inheritance may be considered part of the marital estate and thus subject to property division.
Instead, «fair and equitable» is determined by looking at several factors such as, duration of marriage, contribution of the parties to the marital estate, age of parties, health of parties, life status of the parties, necessities and circumstances of parties, earning abilities, past relations and conduct, and general principles of equity.
Douglas B. Thayer is a member of the firm's Litigation section with many years of trial experience in civil and criminal litigation involving fraud, embezzlement, and complex financial transactions, including but not limited to, high income complicated marital estates and probate matters.
To fairly divide a marital estate, we need an accurate value of the business as well as an accounting of the couple's assets.
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