In scenarios where a divorce is likely to drag out for months or even years, there may be some issues that can’t wait. This is especially true for high-net-worth couples that have kids. In such instances, temporary orders for child support, child custody and spousal...
Divorce
Will I keep my dog in a divorce?
Idaho is a community property state. This means spouses have equal rights over community assets and debts, which are often distributed in a 50-50 split in a divorce. Community property is typically an asset acquired during the bounds of a marriage. After much...
Do couples ever keep their home through a divorce?
In many cases, couples who get divorced will sell their house. Their reasoning is that they have to divide their assets. Selling the house is the easiest way to do it because they just split up the money that they earned. But are there situations in which a couple...
Dividing a high-asset marital estate in Idaho
Dividing marital property is rarely an easy undertaking. Even if all that a young couple owns is kitchenware, linens, two futons and a dog, splitting property that has been used for each spouse’s mutual benefit can become a contentious challenge. With that said, even...
What happens to the family business if I get divorced?
Divorce is an emotional process that may get even more challenging if you run a family business. It’s normal to wonder what will happen to your family business once the marriage is dissolved. Will the company need to be sold? Do you and your ex-spouse need to share...
Should I close the joint accounts when divorcing?
If you are about to divorce, you may have read that you should close any joint accounts you share with your spouse. That certainly seems sensible, as the whole idea of divorce is to disentangle your personal and financial lives. You might even feel like it's urgent to...
How do children affect the property division in a divorce?
As a divorcing parent, knowing how far to go in your quest for financial success during property division is challenging. Scoring what others would see as a financial win could come at a massive cost to your children’s well-being and that of yourself and your...
Is your spouse hiding assets under your nose?
You may have heard about spouses who hide assets in a divorce. Perhaps your friends or family told you to watch out in case your spouse tries it with you. People hide assets to avoid including them in the property division process during divorce. They might do it at...
How to let your spouse know you want a divorce
Have you recently noticed that your marriage is not what it used to be? Even if you thought it would last forever, things and people change. If you have decided it is time to end your marriage, having this conversation with your spouse can be hard. While you can wait...
What happens to real estate in a divorce?
A divorce is a difficult situation for anyone, but it’s even more of a challenge if you have considerable assets. For people who have more than one home, determining what’s going to happen with them can take much thought and some negotiations. There are several...