One concern of divorcing spouses is ensuring a fair settlement. Unfortunately, this could be tricky if one spouse hides assets to prevent the equal distribution of marital property. What are some signs that your spouse may be trying to manipulate the proceedings, and...
Property Division
Do post-separation pre-divorce properties count as marital assets?
Having multiple properties under one’s name is an incredible feat for any individual. Nonetheless, it can also burden married people going through a divorce. Property division prompts so many questions from divorcing parties. “How will courts divide properties?” and...
What is community debt and how is it divided?
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...
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...
What is a postnuptial agreement and is it right for me?
You may have intended to execute a prenuptial agreement but with all the tasks involved with wedding planning you simply never got around to it. Or perhaps you came into a financial windfall while married that you want to protect. Or maybe your marriage is going...
Do I get to stay in the family home during the divorce?
The thought of moving can be scary, especially during a divorce. This is why the family home becomes such a hot topic, even pre-divorce. Both spouses want to know who gets to live in the family home during the divorce. And, the answer, in most situations, if not all,...
Property division and who receives what in a Louisiana divorce
When Louisiana couples get divorce, there are a litany of complicated issues to navigate. From handling children, custody, visitation and various forms of support, it has the potential to be a difficult road. Property is also a frequent topic for dispute. This is true...
Property division is different in Louisiana
Like most things, including the law, our state takes its own path when it comes to marriage. For divorce, Louisiana is one of only nine states that are community property states, as opposed to equitable distribution states (the other 41 states). What does community...
What will happen to my business during divorce?
From a financial perspective, there’s a lot at stake in a divorce. This may be especially true if you own a business. Given that Louisiana is a community property state, you may be worried that your business will be evenly divided with your spouse once your marriage...
Who gets the credit card points in the divorce?
Credit card rewards often amount to hundreds of dollars or the equivalent in air miles, which is why overlooking them during property division in divorce proceedings can be a big financial mistake. While retirement accounts, investment accounts and real estate are the...