Restricted stock refers to company shares that are granted to an employee at no cost, but cannot be transferred or cashed in until certain conditions are met such as a defined period of employment or when financial benchmarks are met. Stock options are offered to an employee to purchase company stock at a set price, […]
Health Insurance Coverage Following a Divorce
It is not uncommon for one spouse to be covered under their spouse’s employer-sponsored health insurance plan. When couples divorce, a covered spouse can elect to continue on their ex-spouse’s coverage for up to three years under COBRA. However, although COBRA is certainly a way to bridge the gap following a divorce, it is not […]
Keeping Your Wisconsin Divorce Settlement Agreement on Track
The heart of a Wisconsin divorce settlement agreement will address issues of child custody and visitation, marital property division, spousal maintenance (alimony) and child support. Many hope to reach a settlement to avoid going to court, but it often takes a skilled negotiator to make it happen if the parties do not agree on the […]
Questions to Ask During Your Initial Consultation With a Divorce Lawyer
If you are scheduled for an initial consultation with a divorce lawyer, it is a good idea to think about questions you may want to ask. You will likely want information regarding their experience, a general sense of how your case will be handled, and what fees you can expect. First, let’s consider the attorney’s […]
What Questions Should I Ask About Fees When Hiring a Divorce Lawyer
If you are considering divorce, it is important to understand how attorney billing and miscellaneous fees are handled before hiring an attorney. It is a good idea to ask questions about fees when hiring a divorce lawyer at your initial consultation so you know what you can expect if you hire the attorney. What is […]
What to Expect from Your Divorce Attorney
During your initial consultation with a divorce attorney, it is important to ask questions regarding the handling of your case. The following are some questions you may want to ask to get a feel for the day to day handling of your case before making a decision to hire a divorce attorney: Who will be […]
Finalizing Your Divorce in 2018 May Save You Money
A reminder to those considering divorce…new tax laws will impact how spousal maintenance is treated beginning January 1, 2019, which can make a difference in how much money remains in the the family unit. Current Tax Laws and Spousal Maintenance Spouses who pay alimony that finalize their divorce on or before December 31, 2018 will […]
Pet Custody in a Divorce
To the delight of pet lovers across the state, last year the Illinois legislature passed a new pet custody in a divorce law that allows judges to consider the well-being of a pet when allocating sole or joint ownership in an Illinois divorce. Much like child custody, the new pet custody law allows a judge […]
Appealing Wisconsin Family Court Commissioner Order
Typically, in Wisconsin, family law matters will be heard in front of a family court commissioner out of a need for efficiency and expediency. Sometimes parties believe that the commissioner “got it wrong” and wonder if there is any recourse. The answer is yes. If you disagree with a commissioner’s decision in a contested family […]
Divorce and Business Ownership
The possibility of divorce should be an integral part of your business financial planning – the survival of your business may depend on it. It is not just your own divorce you need to worry about, but the possibility that your business partner or an investor may divorce down the road putting your company at […]