When a marriage ends, the emotions can be overwhelming. However, the financial stakes can be just as daunting for couples with significant assets. As you go through the contentious process of divorce, you may wonder: does the reason for the split affect how a court will divide your hard-earned possessions?
In Connecticut, the grounds for
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Child support modifications in Connecticut
By Bkabritsor
When life circumstances change, modifying child support in Connecticut may become necessary. The courts recognize that financial situations can shift, and they provide a process to ensure that child support remains fair and reflective of the current needs of the child and the parents.
When to seek a modification
A significant change in circumstances must…
6 ways to rebuild your finances post-divorce
Divorce brings significant emotional and financial challenges. However, it is also an opportunity to start fresh and rebuild your financial life. By taking proactive steps, you can regain control and set yourself on a path to financial stability. Here are six effective ways to rebuild your finances after a divorce.
1. Create a budget
Start…
Can you get a divorce without both parties signing?
By Bkabritsor
Divorce can be a complicated process, and navigating it can be challenging. It is possible to obtain a divorce without both parties signing the divorce papers, but this approach may involve more complexity and take longer to finalize. Such situations often occur when one spouse is uncooperative or when the other cannot locate them.
No-fault…
5 strategies for keeping your divorce private
A contentious divorce can make sensitive private matters public. When a divorce is litigated before a judge, court records containing grounds for the divorce and financial matters may be accessed by anyone. This can be especially difficult for those visible in their communities and industries.
However, divorcing couples have options to maintain their privacy. Keeping…
Uncovering hidden assets in divorce
Full disclosure is essential when going through a divorce. This helps ensure a fair and equitable distribution of marital assets. However, in high-asset divorces, it is not uncommon for one spouse to attempt to conceal income, property or other financial resources. Here is what you need to know to identify and uncover these hidden assets.…
Top 3 financial experts for your high-asset divorce team
The divorce process goes beyond ending a marriage. At its core, it is a financial transaction that unravels the intricate web of interests you and your spouse have built together throughout your marriage.
As you navigate this challenging process, it is essential to understand the potential pitfalls that can arise and have lasting consequences on…
The role of forensic accounting in your high-asset divorce
A high-asset divorce case, which involves a significant amount of assets, can present a unique set of concerns and challenges. The stakes are higher, the assets are more complex and the potential for financial deception is much greater.
One tool that can help spouses navigate a high-asset divorce is forensic accounting. But what exactly is…
How the state of New York determines child custody
By Bkabritsor
In the state of New York, decisions about child custody prioritize the well-being and best interests of the child. When parents separate or divorce, determining who will have custody of their children involves several key considerations and a structured legal process.
Every state has its own rules and processes regarding child custody, so divorcing parents…
How to address risks of parental child abduction
Going through a divorce could be challenging, especially if you are not on good terms with your former spouse, which can impact how you settle child custody issues. During these cases, emotions can run high, causing severe disputes or conflicts between parents when discussing concerns involving the child. The court could intervene and set arrangements.…