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When addiction drains a family’s finances, dividing debt in divorce gets complicated. Tennessee judges don’t split everything evenly; they focus on who created the debt and whether it benefited the household. If your spouse’s gambling or substance use caused major...
Divorce later in life, often called a gray divorce, presents unique financial challenges. After decades of shared income, property and retirement planning, separating assets can have lasting consequences. Many individuals in their 50s or older must adjust to managing...
Divorce is a time of major change for an adult. This involves untangling financial ties, which can be difficult, particularly in longer marriages. All of this can be difficult to handle, but it’s critical that you take the time to prepare if you’re in this situation....
Many of the most challenging aspects of divorce relate to property division. Therefore, it is critical that people have appropriate records regarding their financial circumstances during the marriage. Technically, spouses have an obligation to provide accurate...
If you’re preparing to divorce, it can feel like your “to-do” list is growing every day. From getting your financial documents in order to arranging for more daycare for your kids and possibly looking for a new home, it can be overwhelming. It’s crucial not to neglect...
You know that you are done with your marriage. You want to get a divorce, and you would ideally like to do it as fast as possible. You just want to put this stage of your life behind you, and you want to move on. But there are many reasons why it may take time to get...
Prenuptial agreements only hold up if they meet specific legal requirements. Courts examine how you created the agreement, what it includes and what it leaves out. Here’s what makes a valid prenuptial agreement in Tennessee. It must meet formal requirements For a...
You’re head over heels in love, planning a life with your partner and divorce seems very unlikely. So, why bother with a prenuptial agreement? It can feel like an unnecessary damper on the excitement of getting married or something only worth discussing if you expect...
Sometimes, divorce is a mutual process. Spouses going through counseling together may eventually agree to divorce. Most of the time, however, one spouse takes the initiative. They file the petition with the courts requesting a divorce. The other spouse then responds....
Frequently, spouses underestimate the complexity of divorce proceedings and the likelihood of intense conflict. While they may aspire to cooperate to divorce as amicably as possible, there is never any guarantee of their spouse taking the same approach. Hoping for the...