Even if You Keep the House, You May Be Able to Split the Mortgage

When a couple divorces in Tennessee, the judge splits the assets of the marriage – property, retirement accounts, cars – in a way that is equitable, though not necessarily equal. This ensures that each party is treated fairly in the eyes of the law. Because the last few years have been a difficult time […]

What Is the Difference Between Physical and Legal Custody?

Child custody is one of the mostly hotly contested issues in divorce. Even if you and your spouse have mutually agreed to separate and you are both able to cooperate on every other issue, you may disagree about who gets custody of your son or daughter. The court recognizes the importance of both parents […]

Factors the Court Considers When Dividing Marital Property

Is your marriage coming to an end? Before you and your spouse can part ways, certain issues must be addressed, including custody, alimony and the division of marital property. If you and your spouse are able to cooperate during your divorce, you can divide your assets however you see fit. However, if you are […]

Five Key Changes to Make to Your Estate Plan After Divorce

The immediate aftermath of a divorce can be a trying time. There are many things you need to take care of and the tasks can be daunting and overwhelming. While updating your estate plan may not be at the top of your list, picture this ― your loved ones involved in a lengthy court […]

Home Alone

We’ve all probably seen the movie Home Alone where eight-year-old Kevin McCallister is accidently left home alone during the holidays to face the antics of some comedic burglars while his family vacations in Paris. While this was a mistake, every parent one day faces the question of, “how old must my child be before […]

Social Media, Detrimental to Your Marriage and Your Divorce

Social media sites are being blamed for breaking up many marriages.  A recent study revealed that one-third of all divorce filings in the year 2011 contained the word “Facebook.” While this is a startling statistic, it’s important to keep in mind that social media can have just as big an effect on your divorce […]

Blended Family Estate Planning

Due to the fact that the divorce rate in the United States exceeds 50 percent, second marriages are very common.  If you are remarried with children, you know that blending families together can be rewarding, but you also know that many complications can ensue. In fact, with the rate of divorce in second marriages […]

Dating Post-Divorce

If you’ve been through a rough divorce and are looking to “get back out there,” so to speak, you may be wondering how long you should wait before you start dating again.  While there is no right answer, if you have children, it’s important that you take it slow and easy.
Many children of divorce […]

Protecting College Funds From Divorce

Many parents have college funds set up for their children where they contribute money each month to head off the overwhelming costs of college when the day comes. But you may wonder what happens to a college fund upon divorce. Can your spouse cash out your child’s plan early without your consent?
College savings plans […]

QDROs: What You Need to Know

In many marriages, the retirement accounts that the spouses own are some of the largest financial assets in their portfolio. When the couple divorces, numerous questions arise as to how to equitably split up the retirement accounts and, in fact, whether it can be done at all.
The answer is that the retirement accounts can […]