Law Office of Laura L. Davenport
Lafayette Divorce And Family Law Attorney

Posts tagged "Family Law"

What happens to retirement savings during property division?

Saving for retirement is no small feat. Many couples in Louisiana try to start saving as early on in their marriages and careers as possible, but rising costs of living can leave some feeling worried about how stable their financial futures really are. These worries can be compounded by divorce, when couples will have to address retirement savings during property division.

Are prenuptial agreements always enforceable?

Creating a prenuptial agreement is a smart way to protect personal property while also laying a foundation for open and honest communication during marriage. While prenuptial agreements are generally fairly straightforward, Louisiana couples could still be making some unintended mistakes. In some situations, a seemingly small mistake could make a prenup invalid.

Tackling the family business during property division

Owning and operating a business with a spouse can be a great way to spend time together while also establishing a family income. Divorce can complicate business matters, though, and some Louisiana couples might find themselves stuck in seemingly impossible situations. Here are a few things to keep in mind when dealing with family-owned businesses during property division.

Property division and hidden assets

A fundamental aspect of divorce is the process by which couples divide up their marital property. In Louisiana, property division should end with both people walking away with approximately half of the marital assets. But what happens if one person decides to hide some of those marital assets? Unfortunately, the practice is more common than some people might realize.

Don't forget about debt during property division

From secrets to favorite activities to physical property, married couples tend to share most of their lives with another. Untangling these types of personal connections during a divorce can be tricky enough without piling things like property division on top. This is why it can be extremely distressing when individuals realize that they will not just be splitting physical property during divorce -- they will also have to deal with debt.

What you need to know about inheritances and property division

People usually put an enormous amount of time and effort into deciding what to pass on to heirs. These individuals might even try to envision how their heirs will enjoy their inheritances, but few might be able to predict an unfortunately all-too-common occurrence -- losing an inheritance during a divorce. Although generally considered separate property, some people in Louisiana might be upset to realize that their inheritances will be included in property division.

We understand how important fathers' rights are

As a father, you play an essential role in your children's lives. Unfortunately, family courts do not always take that role as seriously as they should. If you are worried that you are losing out on valuable time with your children or are being unfairly burdened with unrealistic support orders, you may need help protecting your fathers' rights.

Jeff Bezos didn't have a prenuptial agreement, but you can

Louisiana online shoppers might not have known anything about the founder and CEO of Amazon until recently, when Jeff Bezos made national headlines because of his upcoming divorce. While some of the focus has revolved around Amazon itself and how the company might be affected, there are also bigger questions. Jeff Bezos and his soon-to-be ex-wife, MacKenzie Bezos, never signed a prenuptial agreement, so the fate of the couple's $137 billion is up in the air.

Didn't sign a prenuptial agreement? Consider a postnup

In general, Louisiana couples are increasingly aware of the benefits of signing a prenup. However, being aware of how good something is and actually following through with doing it are two very different things. Whether couples initially decided against using a prenuptial agreement or did not fully realize that they needed one until later on, they can still gain the same protections through the use of a postnuptial agreement.

Prenuptial agreements a good idea for baby boomers

Finding love after a divorce can be an invigorating experience. However, it can also feel more complicated, especially for Louisiana baby boomers who are in or nearing retirement. Prenuptial agreements can help these individuals protect their own interests and even outline expectations for financial management during the marriage.

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