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Posts tagged "property division"

Telling your spouse that you wish to file for divorce

If you have decided that you want to file for divorce, you have made a life-altering choice. It was likely not easy to make this decision, unless some significant event occurred that fundamentally conflicts with your values. But whether or not the decision to divorce was a straightforward one to make for you, you are likely grappling with a host of negative emotions. It is important not to let these emotions take control while you are telling your spouse that you want a divorce.

Divorcing? Start thinking now about next year's tax season

Tax season is finally over. But for those couples currently weathering divorce, next year’s tax season may already be a pressing issue. Post-divorce taxes can be unquestionably tricky. In addition, the tax liabilities resulting from certain approaches to property division may affect you for years to come.

Divorcing when you and your spouse run a business together

When a couple decides to end their marriage, numerous aspects of their lives are necessarily affected by their split. Finances, relationships with loved ones and living space are almost universally affected whenever couples choose to divorce. However, for some not even work provides a haven from the effects of divorce.

Navigating pet custody issues during divorce

If you are a pet owner, you likely consider your pets to be members of the family. However, it is important that you understand that the law does not usually view your dogs, cats and other animals in the same way. Generally, if you divorce you and your spouse will be compelled to treat your pets as a matter for your property division settlement if you disagree on how their care should be addressed in the wake of your divorce.

Family law negotiation, optimism helps during Louisiana divorce

Upon thinking of the word "divorce," negative images typically flood the mind of a person in Louisiana. He or she may link divorce to emotional turmoil and financial instability, for example -- especially if the couple did not engage in an amicable family law negotiation in an effort to achieve a mutually favorable outcome. However, amid the difficulties that may accompany these proceedings, divorce may actually have pleasant benefits for the person who has successfully gone through it.

How property distribution affects buying a new home

For many divorced spouses in Louisiana, one of the most important parts of moving on involves buying a new home. This is a chance to undertake a significant investment, and to define the type of environment in which to begin anew. Swept up in the excitement of house hunting and preparing for a move, many homebuyers are surprised to learn that the details of the property division portion of their divorce can affect their ability to secure a mortgage.

What does a divorce in a community property state mean for debt?

When a couple in Louisiana decides to divorce, there are several issues that need to be addressed. One issue that can make starting a new life after divorce complicated is property division. Louisiana is a "community property state." This means that when a couple divorces, all marital property will be divided in an even 50/50 split.

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