Divorce not only impacts personal lives but can also bring significant financial and tax implications, especially when dividing high-value assets. Those going through divorce can use a strategic approach to mitigate these expenses. When high-value assets such as real...
Compassionate Guidance Through Difficult Personal Times
Cross Glazier Reed Burroughs Staff
High Asset Divorce
Are retirement assets difficult to divide during divorce?
Retirement assets are often one of the most highly valued assets within the marital estate. These assets grow over time, making it difficult if not impossible to rebuild their value. Although a divorce settlement agreement that divides a portion of these assets to...
Who gets the family pet after the divorce?
In some cases, the divorcing couple can come up with an arrangement. But what if they cannot? What if they need to take the issue to court? Indiana views pets as chattel or personal property. Whichever spouse is ordered the canine, will have sole possession to the...
Asset division and pensions in Indiana
Divorcing couples are wise to move forward carefully when it comes to the division of assets. This means more than just looking at the current value of assets before agreeing to a split. It also means looking at both the immediate and potential for future tax...
How do gray divorces differ from others?
Construction work presents challenges, particularly when it comes to workers’ safety. Efforts have been made to prevent injuries, including safety equipment, cutting-edge technology, and in-depth training. Yet, in spite of those advances, an alarming number of...
5 steps for dividing a business in divorce
Your business is not just another asset to be divided in your divorce settlement. It represents your livelihood and your future. You want to make sure you protect your interest throughout the process. So, what steps should you take when it comes to dividing your...
Will a prenup help in divorce?
You agreed to sign a prenup when you got married. You assumed, at the time, that you would never need it. So did your spouse. You were just being careful. Now, ten years later, you are getting divorced.You haven't thought about that document in a decade, but it's...
You can often find hidden assets
Worried that your spouse has decided to hide assets so that you will not get what you deserve during the divorce? It does happen, despite being illegal. The good news is that you can often find these assets. Many of the schemes are quite transparent or count on people...
You can take a team approach to divorce
People often think of divorce as a battle, with one spouse set against the other. While this may happen, it does not have to be that way. You can take a team approach.In fact, if you have children, many experts believe that a team approach is the best option. You and...
As your wealth increases, do you need a postnup?
You considered getting a prenuptial agreement, or a prenup, when you and your spouse were preparing to marry. Ultimately, you decided that you did not need one because you did not feel like you had enough wealth to make it worthwhile.Over the years, though, things...
