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If the court ordered you to pay alimony to your ex-spouse, you may rightly wonder if that amount is modifiable and under which circumstances you may be able to pay less. Alimony laws are complicated and specific to each state. Your family law attorney is the only one who can give you exact information based on your case. In this article, we’ll offer some general guidance to help you understand the process. It all depends on how the alimony clause is worded in your divorce settlement.
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While divorcing couples often have significant assets that must be divided equally, you’re probably also wondering what happens to the debts you have accumulated during your marriage. For example, you may have secured debt, such as a mortgage or vehicle loans, as well as unsecured debts, such as credit cards and personal loans. In a divorce, each type of debt is assigned as fairly as possible to ensure an even split. But that’s not all you need to know.
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Generally, high net worth divorces are complex due to the different types of assets and contractual agreements involved. While you can start the divorce process by identifying and documenting all marital and non-marital assets and debts, you’ll need an experienced attorney to draft a divorce agreement that allows for an equitable distribution of assets. To speed up the process and reduce legal expenses, your attorney should also help you avoid litigation.
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Your family law attorney can help you with various matters including divorce, custody, child support, alimony, and parental rights. Your lawyer is working on your side to ensure your marriage is dissolved as painlessly as possible. At the same time, they can help you reduce the financial burden of the separation, protect your rights as a parent, and answer any questions you may have along the way. The best part is that they’ll simplify the legal process of separation for you.
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Social media plays an important role in many people’s lives. While it can be helpful to share ups and downs with friends online, anything you post on Facebook, Twitter, and similar sites can negatively affect your divorce case. The information that’s found on these sites can be used as evidence against you or for you, which is why we advise you to be careful about your social media activity. Here we’ll explain how your online actions can impact everything from alimony to custody and child support.
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One of the most difficult aspects of your divorce is helping your child get through it. There will be many conversations that involve difficult-to-answer questions, anger, frustration, and sadness, regardless of how old your child is. Fortunately, your family can get through this as long as you remain open and available to your kids. Here are a few tips on how to talk about the separation.
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While suing isn’t always the right answer, there are some situations when litigation is your only option to make things right. A lawsuit can solve a problem, punish a wrongdoer, and even save your business or family from financial ruin. In any case, you need an experienced team of lawyers by your side to see you through. In this article, we’ll discuss some situations when it might be appropriate to pursue litigation.
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Nobody enjoys spending a lot of money on car insurance, but that’s the only way to protect yourself from the financial consequences of getting into an accident. The car crash doesn’t even have to be your fault. You might have to pay for car repairs and medical bills if the other driver was uninsured or under-insured. Since you can’t predict when accidents happen, it’s best to get the best coverage you can afford.
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A divorce can be even harder on your children than on you, mainly because they didn’t necessarily choose the separation of their parents. Your family will get through this tough time, although it may take several weeks or even months for everyone to adjust to the new arrangements. In the meantime, both parents could use some pointers on how to protect their children during the divorce and ease the process for them.
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A divorce is a major life event, because it’s incredibly complicated. In addition to dealing with emotional turmoil and the upheaval of your current family, you’ll have to worry about sorting through your assets and liabilities. The prevailing goal of a divorce is to distribute those assets and debts in a fair and equitable manner, although that doesn’t necessarily mean each partner gets an equal share. Here you’ll learn more about marital and non-marital property and the rules that govern your divorce.
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