Financial evidence can be incredibly important in divorce trials. If a spouse is hiding the true value of their assets, this type of financial documentation is often necessary to ensure matters are handled correctly and fairly. Without strong financial evidence, spouses may be unable to seek adequate alimony or child support payments. In the modern…
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In the current era, children have a wide range of potential income sources before they even graduate high school. The popularity of young YouTube stars shows us that kids can become high-earning celebrities before they even know what to do with the money. Child actors are also a clear example of how a minor can…
DetailsNo matter how hard we try to keep our laws universally applicable, there are always exceptions. In the case of dividing businesses during a divorce, there are some firm ground rules that generally apply to most spouses. However, these laws are not “written in stone,” and there are considerable exceptions. Although it might be rare…
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Many spouses in the United States own businesses, and dividing these assets can be tricky during a divorce. This can be especially complex when you consider the various tax implications of dividing a business. It is important for spouses to understand these implications in order to avoid unnecessary taxes and complexities as they end their…
DetailsWhen one spouse cannot access assets during a divorce, it may lead to significant disputes. Offshore bank accounts are increasingly common these days, especially among individuals with especially high net worths. If one spouse is aware that assets are being concealed or “protected” in an offshore account, it may lead to significant disputes during the…
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Many couples these days invest significant amounts of money into stocks, dividends, and other financial products. But what happens during a divorce? In the case of high net worth divorces, spouses may have millions of dollars tied up in various investments. Most of the time, spouses want to wrap up their divorces and move on…
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