Category Archives: Divorce & High Asset Divorce
How to properly valuate your business in a divorce
The property settlement phase of your divorce is likely to be the second-most fraught and contentious part of the process (families with minor children report custody battles as the first). Connecticut is one of the majority of states that operate under equitable distribution rules when…
Is temporary alimony enough for you to move forward after divorce?
In Connecticut, there are three kinds of alimony. The first is pendent lite, which is temporary support awarded during the divorce process. The second type is permanent alimony, which is created at the end of the divorce proceedings. This may not actually be permanent but…
Should you offer your spouse a lump-sum alimony payment?
You want a divorce – and you fully anticipate paying at least some alimony to your spouse. Even though you weren’t married very long, you make significantly more than your spouse and you know that Connecticut’s alimony statute doesn’t set a minimum time on a…
3 tips for financial planning after a divorce
Typically, there are numerous contentious issues to settle throughout the divorce process. For example, ownership and property rights must be negotiated as well as any disputes over child custody. Frequently, contentious issues also have a financial element to them. Finances play a key role in…
Is divorce becoming less common?
You may hear that the divorce rate, except for those in their 50s and older, has consistently been falling in the United States. This is often painted as a dramatic change showing that young people have more stable marriages. But is that really what is…
What you need to know about a high asset divorce in Connecticut
Divorce can be an emotionally difficult and draining process for anyone. The stakes can get bigger if it involves high net worth assets, and the process may not be so straightforward. Technically, such a divorce deals with the same issues that arise in typical divorce…
What are the acceptable grounds to get a divorce in Connecticut?
When getting a divorce is your only solution, many in Southport, Connecticut, wonder how to start the proceedings. Some of the questions these residents have include: How long will it take to complete the divorce? Am I eligible to receive alimony? How do courts make…
Determining your expenses when seeking alimony
You’ve likely heard the saying that relationships involve a lot of give and take. That’s often the theme that underlies a situation in which a spouse decides to sacrifice their career to move somewhere new for their spouse’s job. Spouses may also give up their…
Can co-business owners work together after divorce?
If you and your spouse started a business together, a divorce can get very complicated. You’re not just losing your spouse, but also someone you work with and depend on professionally every day. The most obvious solution may be to sell the company to someone…
What happens to a valuable art collection during a divorce?
Connecticut is home to some of the most extensive private art collections in the country. Paintings can be worth thousands and sometimes even millions of dollars. Art is also a great investment that you can see appreciate over time. So, what happens to the collection…
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