Financial issues in a divorce fall along a spectrum of simple to complex. High asset divorces may include determining the proper value of assets including a business or professional association, commercial real estate holdings, vacation properties, trust accounts, investment and retirement portfolios and any number other property including horses, farms, fine art, jewelry and collectibles. […]
Family Pet and Divorce
The shutdown of businesses during the pandemic has resulted in a pet adoption boom as more families stick it out at home. Coincidentally, inquiries for divorce following months of sheltering in place and social distancing has also gone up with an expectation that more couples will file for divorce as family law courts reopen. Couples […]
The Pitfalls of a DIY Divorce | The Family Home
When couples decide to separate, among the many considerations is the expense of getting a divorce. If you and your spouse basically agree on just about everything, you may wonder if you can save time and money with a do-it-yourself divorce. The best way to answer the question is to take a closer look at […]
Dividing Marital Debt in a Wisconsin Divorce
Marital property division in a Wisconsin divorce includes not only the division of assets but also division of marital debt. It is important to understand that regardless of who is ordered to pay marital debt, your contract with the creditor does not change. If your name is on a credit card or loan, you remain […]
Dividing Marital Property and Debt in Wisconsin
Wisconsin recognizes no fault divorce, on the grounds of irretrievable breakdown of the marriage. In general, no fault means that your relationship is no longer viable and cannot be repaired – it does not matter who is to blame for the breakdown of the marriage. After the decision to divorce is made, couples have many […]
Dividing Restricted Stock & Stock Options in a Divorce
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, […]
Dividing Marital Property in a Divorce : Short Term Marriage Versus Long Term Marriage
Although Wisconsin is a community property state, which means couples split assets 50/50 in a divorce, the court has discretion to consider various factors when deciding what is fair and equitable when dividing marital assets. Two significant factors that the court will consider are the length of the marriage and the property each spouse brought […]
Wisconsin Marital Asset Division for the Stay at Home Mom
More than a quarter of mothers are stay-at-home moms in the U.S. who opt out of the workplace and a potential career to take care of their families. Often, this care-taking role not only includes juggling the children’s needs, but support the careers of spouses. When stay-at-home moms (or dads) get divorced, they may be […]
Financial Considerations When Dividing Marital Assets in a Divorce
Unless you have been through a divorce already, you will be faced with making decisions about finances and parenting without any point of reference. That is why it is important to have an experienced team on your side to navigate the legal, financial and emotional complexities you will more than certainly face during the process […]
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 […]