Many people will create a prenuptial agreement (prenup) before marriage. A prenup ensures that someone's assets will be protected if a divorce were to happen. This could mean you won’t have to part with your savings, home or hobbies if you divorce your spouse. Prenups...
Divorce
The potential impact of divorce on your business
Married couples don’t often consider what may happen if they decide to file for divorce. However, considering this early in your marriage can help prevent issues with your business if the time comes when divorce is on the horizon. The possible negative effects of...
Has your spouse been untruthful during your high-asset divorce?
Going through a high-asset divorce is rough. If your spouse wants to be deceitful to get back at you, the process can be painful and drawn out. Nevertheless, there are some important things to keep in mind that may save your sanity, and ease you through the ordeal so...
What is considered hiding assets during the divorce?
Divorce is a difficult undertaking regardless of the circumstances that lead to the end of your marriage. If the divorce is contested, one party may resort to unorthodox tactics like hiding marital assets. Idaho is a community property state. As such, the divorce...
Why should you have a prenuptial agreement?
A prenuptial agreement is a document that sets the conditions for property in case a marriage doesn’t last. Both parties negotiate the terms, and the paper is signed well before the wedding. It has to be a fair agreement based on complete disclosure by both parties....
3 clever ways divorcing spouses hide marital assets
Let’s face it: Divorce is tough. Besides the child custody and support arrangement, one of the most contentious issues divorcing couples deal with is asset division. Idaho is a community property state, meaning that both parties are considered joint owners of all the...
Are there benefits to selling assets (together) before a divorce?
The first thing to understand is how dangerous it is to sell off assets during your divorce or without your spouse’s permission. Doing this will likely have devastating consequences, including a lower marital property settlement. However, before filing for a divorce,...
The problem with reckless spending before divorce
In some cases, one spouse will file for divorce or simply tell the other that they want to get a divorce, and that second spouse may start spending money in an uncommon way. They could start spending recklessly or buying frivolous things that they never talked about...
How to discuss your desire to divorce
Realizing that your marriage is loveless is hard for many people. You probably thought that it would last forever. Once you know that it’s over, you’re going to need to let your spouse know. This usually doesn’t happen as it does in the movies when one spouse is...
Is there any way for your spouse to stop your divorce?
When you determine that you want a divorce, you go to your spouse and tell them about your plan. You just think that you're letting them know, not asking them if they also want a divorce, but then the conversation takes a turn. In short, your spouse says that they...