Divorce has the potential to be financially devastating. People who end their marriages often pay thousands in court costs. They also have to divide their marital or community property. Under state statutes, there is a presumption that spouses should evenly split...
Divorce
Can you keep your home during a divorce?
Your spouse has filed for divorce, and you’ve made peace with the fact that your marriage is ending. That relationship is over. You may even think it will be in both of your best interests to end a dysfunctional marriage. What you don’t want to lose, however, is your...
Dividing stock options in an Arizona divorce
Divorce is already a challenging process. Dividing complex assets can add to the complexity. In Arizona, a community property state, stock options and restricted stock units (RSUs) may be considered marital property. Understanding how to handle these assets can help...
The role of money differences in divorce
There are many reasons that marriages break down. One that crops up frequently is that the couple have differences in attitudes over money. Here are a few such differences. Spenders vs. savers Should you save for a rainy day or enjoy the present because you never know...
Should you seek primary parenting time of your child?
It’s true that when children have the involvement of both parents they do better academically and emotionally. But that’s not always the case. In some instances, limited exposure to one parent is best for the child’s well-being. In the best interest of a child...
Are penalties inevitable when splitting 401(k)s during divorce?
Community property rules mean that spouses generally have to split almost everything they acquire during marriage. Unless they reach a settlement on their own, a judge applies the community property statute after reviewing an inventory of marital assets and debts....
Is it worth the fight to split “stuff” in a divorce?
One of the most emotionally charged issues that comes up in a divorce is the tricky problem of dividing a couple’s shared possessions. There are times when it can actually be easier to split major assets – like bank accounts, real estate and cars – than it is to...
How to have child custody orders changed
Child custody orders in Arizona can be modified, but it requires following a legal process and meeting specific requirements. Whether your circumstances have changed or your child’s needs have evolved. Here, you will find helpful information about navigating the...
Should you deactivate your social media during your divorce?
The use of social media can be a risky thing during divorce proceedings. This is because your posts can significantly contribute to the decisions made regarding property division, spousal support, and child custody, among other divorce-related matters. So, should you...
Commingling: How separate assets become marital assets
If you’re like a lot of Arizonans who are considering divorce, you may think you have a pretty clear idea of what separate property is and what marital property is. That may be true. Separate property typically includes any property you had before you got married...