Whether married, single or in the process of a divorce, many people do not have a correct valuation of their assets. Assets can come in a variety of forms whether it be property, artwork, money markets or saving and checking accounts to name a few. Because the value...
Your Legal Guide Through Life’s Twists And Turns
Month: September 2015
Judgment from Tennessee Supreme Court denies alimony
When it comes to divorce and asset division, Tennessee courts use equitable standards as their guidelines. Assuming no prenuptial agreement, the courts attempt to divide the divorcing Montgomery county couple's assets as fairly as possible, though that does not always...
Why is it important to challenge a TN paternity result?
If a DNA test is ordered and administered properly, there is usually a very small margin of error on the results. However, there have been instances in the past of improperly handled or administered DNA tests. This should be of some interest to a parent who is looking...
Complex Tennessee asset division can mean equitable division
Married couples share everything, and that includes financial expenses and income. When two people decide to split up, this usually means their finances too. How property is divided between divorcing couples is a common question for divorcing parties to have. In...
Child custody basics for Montgomery County parents
Parents in the Montgomery County area know how much their children mean to them. Most parents would do anything to see their children happy. But what happens when the marriage that parents are in is crumbling and is leading to stress and unhappiness in both the...
UT’s successful program supports divorcing families
For some parents, it is a real struggle to find stable employment either during or after a divorce. Oftentimes, a parent's lack of a permanent job becomes a hurdle to paying child support, but also to obtaining child custody of their children. For this reason, the...
How is military divorce different from civilian divorce?
Divorce is rarely an easy and stress-free event. However, preparing for your impeding divorce in the right way can help to ease the stress caused by this big change in your and your family's life. Active and inactive military members need to look at divorce...
When your business is a part of divorce property division-Part II
In an earlier post, this blog explained that prenuptial and postnuptial agreements are two ways in which business assets can be protected. Both of these agreements outline the various aspects of asset division in the event that a marriage falls apart in Tennessee or...
When your business is a part of divorce property division-Part I
It is important for business owners to protect their assets from bad marriages. That applies to marriages in all states of the country, including in Tennessee. There are certain considerations that a business owner needs to keep in mind in case the marriage falls...