As Montgomery residents know, divorce can often come without warning in many marriages while in others, it comes long overdue. Whatever the reasoning, divorce has found its way into half of all American weddings. Many Montgomery residents have struggled with alimony,...
Your Legal Guide Through Life’s Twists And Turns
Property Division
Who gets to keep the debt after a divorce?
As Ben Franklin once said, "nothing is certain in life but death and taxes." The founding father was on to something. When most couples marry, they are certain their love will last till death does them part. But with the divorce rate close to 50 percent this is not...
Property division battle rages on for Dodger owners
With the divorce rate at 50 percent, many Montgomery residents have gone through the often stressful divorce process. Complicated elements, such as plentiful assets or family businesses, can make a divorce even harder to end. In fact, some celebrity couples have spent...
The trouble with property divisions for celebrities
Although her claim to fame may be less than obvious, recently Kim Kardashian has been in the news for her ongoing divorce from ex husband and NBA star Kris Humphries. The now-separated couple is infamous for having a longer divorce than marriage. The couple was...
Multi-billion dollar assets likely to lead to large divorce settlement
"Honey, who gets to keep the oil business?" Most Montgomery couples going through divorce are unlikely to ask this question but for billionaire Harold Hamm, dividing up his 68 percent share in Continental Resources could potentially make his divorce one of the most...
Many Montgomery residents struggle with property division
Tying the knot is one of the happiest days in the lives of most Montgomery newlyweds. The sight of family and friends gathered around to witness a couple sealing their love forever is truly a blessing. The problem is that the knot can be severed, especially in today's...
Divorcing spouses need to know fair market value of home
At the end of a marriage, couples often struggle with the question of how to divide their property. Tennessee courts seek what is called equitable division, a splitting up of assets acquired during the marriage in a way that is fair to both parties. The family home is...
Baby boomers face midlife crisis: divorce and property division
According to the National Center for Family and Marriage Research, boomers (people aged 50 and above) divorced at a rate of 10 percent in 1990. Today, the figure has risen to 25 percent. Divorcing boomers in Montgomery, Tennessee, should be aware that their decision...
Montgomery, Tennessee, couples may try the Healthy Divorce App
During the process of marital dissolution, Tennesseans may consider all options in order for them to be financially stable once the divorce is finalized. One way of doing this is through property division. Equitable division is one of the terms associated with asset...
Appraisals can help property division to go smoothly
Families in Clarksville place a great deal of value on residential homes. In a divorce, residential homes and other real estate can be subject to property division. In addition, business assets, retirement accounts and other marital property may also be divided,...
