Different states have varying laws when dividing property and liabilities. They also have provisions when you begin discussing how to divide debt. If you cannot agree with your ex regarding debt, the court could help decide for you. Typically, the court determines...
Divorce
How to protect yourself in a high-asset divorce
Divorce is no easy feat, and adding high-value assets to the mix only takes it to another level of complexity. A high-asset divorce is when a divorcing couple has assets valued at least a million dollars or more. And with this significant wealth comes the considerable...
Can what you share on social media affect your divorce?
We all have an inkling of our Miranda rights, especially the overused caution: “Anything you say can and will be used against you in a court of law.” The same is true for social media: anyone can use anything you share, post or say online against you. When you are...
Are your children experiencing ACEs during the divorce process?
Domestic violence is serious grounds for divorce, and it’s important for spouses looking to file for separation to act as quickly as possible before the abuse gets worse. But those planning to file for divorce over domestic violence must also consider that their...
How does infidelity impact divorce?
Why is it that the ones we love hurt us the most? The person we marry is the person we share everything to and with; the person we trust. We can never believe that they would do anything to purposely hurt us, until you catch them cheating. Their infidelity gives you a...
What to know about divorce in Louisiana
Divorce is a challenging process for spouses and their children. Not only do they have to deal with the emotional aspect but also the practical side of all the changes. Understanding how divorce works can alleviate a part of your anxiety with the entire process. Basic...
What to expect in a high-asset divorce
From a legal standpoint, all divorces are equal, but it becomes more complex when high assets are at risk. The dissolution of marriage comes with the dissolution of assets, which is a complex issue. Try to avoid these misguided decisions during a divorce settlement:...
Dividing a retirement account in a Louisiana divorce
Under Louisiana law, almost all types of property acquired by one of the spouses during a marriage is considered community property, owned equally by both spouses. Most married people hardly think about this idea during the marriage, but it becomes a major issue...
Tax issues can affect divorcing people of all incomes
At first glance, New Orleans residents might not think that taxes have much to do with divorce. Yes, couples who are going through a divorce but have not finalized the proceeding may have to decide their filing status. Generally, though, each person will be...
The basics of spousal support in Louisiana
A couple’s finances during their marriage can be complicated, and this does not necessarily change if they divorce. There may be times when one spouse earns significantly more or less than the other. If this is the case, the court may order the higher-earning spouse...