Category Archives: Property Division

Should I Pay Off Debts or Purchase Luxury Items prior to Filing for Divorce?

I recently received the following two questions from a prospective client.  It is something that comes up in many cases where the parties are trying to work out an agreement prior to filing for divorce, but there is a feeling like the the other spouse may just stop negotiating in good faith once he/she gets…

Are Your Lottery Winnings Getting Separted in the Divorce?

The Background Imagine being separated from your spouse for several years. When you were together, you didn’t really have any property or debts. You didn’t have a lot of money in general. You left because you were tired of being abused and so you could protect your children. Since you separated, it has been a…

Bankruptcy During Divorce

During this kind of economic time, people are dealing with overwhelming debts, potential foreclosure, and they are eying the real possibility of filing for bankruptcy.  This problem is compounded even further when the couple is facing a divorce as well and whether you should file bankruptcy together as a couple or not.  If you are…

Divorce and Estate Planning

It is important for all people to have an estate plan (which may consist only of a Will, power of attorney, and healthcare power of attorney).  An estate plan does not have to have a bunch of trusts and family partnerships or anything else – though, these are important tools if the circumstances are correct. …