Marriage

4 Factors Affecting The Division of Community Liabilities

Divorce, Family Law, Insights, MarriageApril 21, 2017

4 Factors Affecting The Division of Community Liabilities – When two people are getting divorced, the process of dividing community debts is treated the same as the court’s overall just and right division of the entire community estate. How that is accomplished, however, can depend on four key factors. First thing’s first: If you didn’t…

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Dividing and Confirming Liabilities

Divorce, Family Law, Insights, MarriageApril 18, 2017

Dividing and Confirming Liabilities – Just as a court has the authority to divide and confirm marital property, whether real or personal, it also has the say so in how spouses’ liabilities are divided and disposed of. This article will describe that process. But first, what are liabilities? Liabilities are debts that you owe to…

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Securing Liens on Personal Property – Part II

Divorce, Family Law, Insights, MarriageApril 8, 2017

Securing Liens on Personal Property – Part II If you remember from our previous blog, a judge who has ordered you to pay your spouse a large amount of money that you cannot immediately pay can require that you put some of the personal property you still own on the line to collateralize the judgement.…

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Summary of Common Family Law Terms (Vol. VI)

Child Custody, Divorce, Family Law, Insights, MarriageMarch 25, 2017

Summary of Common Family Law Terms (Vol. VI) – We have discussed a great deal of family law terms over the last year or so. Now it is time to take a brief timeout to look back on a some of the more noteworthy concepts. I do this periodically because it’s not like this is…

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Transferring Securities – Personal Property Between Spouses

Divorce, Family Law, Insights, MarriageMarch 21, 2017

Transferring Securities – We have reached the end of our five-part blog conversation on the many rules divorcing spouses need to keep in mind when transferring ownership of differing types of property. If you’ve been following along, you know by now this process is not as simple as handing a vehicle, life insurance or a…

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Transferring Personal Property Between Spouses – Livestock

Divorce, Family Law, Insights, MarriageMarch 10, 2017

Transferring Personal Property Between Spouses – Livestock- In a continuation of our five-part blog conversation on the transfer of personal property between divorcing spouses, we are going to dive into what it takes to transfer ownership of livestock. But before we do that, let’s set the stage for those of you who are playing a…

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Transferring Personal Property Between Spouses – Life Insurance

Divorce, Family Law, Insights, MarriageMarch 4, 2017

Transferring Personal Property Between Spouses – Life Insurance Transferring Life Insurance – This is the third installment of a five-part blog series on transferring personal property between divorcing spouses. The first blog discussed the steps involved in transferring ownership of financial instruments (i.e. bank accounts, etc.) while last week’s blog dove into transferring ownership of…

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Transferring Personal Property Between Spouses – vehicles

Divorce, Family Law, Insights, MarriageFebruary 27, 2017

As we discussed in last week’s blog, transferring personal property between divorcing spouses is not as simple as handing that property over to your spouse and walking away. Perhaps the property in question is in your name only, or in the name of both spouses. Maybe the property has a lien against it. Whatever the…

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Transferring Personal Property Between Spouses – financial instruments

Child Custody, Divorce, Family Law, Insights, MarriageFebruary 20, 2017

Transferring Personal Property Between Spouses – financial instruments When personal property is awarded to one spouse in a divorce decree, the answer is not always as simple as handing that property over to your former spouse and walking away. Perhaps the property in question is in your name only, or in the names of both…

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What’s The Difference Between Real And Personal Property?

Child Custody, Divorce, Family Law, MarriageFebruary 17, 2017

What’s The Difference Between Real And Personal Property? When you search for the word “property” on the Internet, you’ll likely come across the terms real property and personal property. Understanding the differences between these two property types is important. Real Property When someone mentions real property, they’re talking about a family home (along with any…

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