Lessening the Financial Burden of Divorce
Many people put off the divorce process for years, even if they are completely miserable because they are so afraid of the legal process and the potential financial ramifications. Here at Egan Law Center, we understand the anxieties and financial pressures that are put onto our clients during a divorce, which is why we work as hard as we can to lessen that financial burden.
Evaluating Business Goodwill in Divorce Negotiations
There are a number of factors that can complicate and slow down a divorce. One of these factors is when one or both spouses own a business. Do you or your soon-to-be-ex own a business? Then you will want to keep on reading!
Keeping the Family Home in a Divorce
One of the most frequently asked questions we get from prospective and current divorce clients is, “How do I keep my family home in the divorce?” Understandably, most people have intense emotional attachments to the family home and the idea of selling your home can be devastating. Sometimes, people want to keep the family home, not for themselves, but because they believe it will be easier on the children if they can stay in the home they are used to.
Negotiating a High-Asset Divorce
In some cases, usually in short-time marriages when couples divorce young, there can be few assets that need to be split up. For example, a couple who rents an apartment, has already separated their bank accounts, has no children, and has little retirement or investment accounts can usually get a divorce quickly and inexpensively. However, for high-asset divorces, which are defined as divorces with assets totaling one million dollars or more, it can be difficult to negotiate a separation agreement between the parties. At Egan Law Center, we have extensive experience negotiating high-asset divorces, and some tips to share with those about to embark on this process.
Divorce Doesn’t Have to be Scary With the Right Financial Plan
Have you ever heard of the saying, “It’s cheaper to keep her”? This saying is often said by men who are afraid to leave their wives because of the financial burden that accompanies divorce. While I certainly don’t think it’s smart to stay in a loveless marriage, I understand that there is this conception that divorce will leave you financially devastated.
Filling Out the Financial Statement With Ease
For any legal matter in which there is any financial aspect involved (i.e. divorces, custody proceedings, etc.), each party is required by the court to fill out a financial statement, to be exchanged with the other party and filed with the court.
Financials 101: What You Need to Know When Getting a Divorce
The last thing on most people’s minds when they are going through a divorce is their financials. The emotional distress, anxieties over one’s changing living situation, and custody of their child are at the forefront of many people’s worries, and for good reason.