Yes, although that may seem odd. Most of us have signed a contract pretty early in life, such as for a first apartment or car. However, the concept may seem disconnected to marriage and divorce (certainly parties will sign a mortgage or have a credit card that is governed by the terms of the contract, but this has nothing to do specifically with getting married or divorce). That said, contracts play an increasingly important role in getting married and divorced. This blog provides you with the basics of marriage1 and divorce2 contracts. In anticipation of marriage, the parties may enter into ...
Tag: prenuptial agreement
October 15, 2020CD
Although not a frequent topic of discussion, the Midwest of the United States supplies a significant amount of the world’s grain. There is also a significant amount of livestock raised in the Midwest. The farm divorce (crops or livestock) is no stranger to Indiana’s domestic attorneys and judges. When the farm divorce happens, it triggers unique considerations for the farmer and his or her spouse. This blog covers what you need to know about a farm divorce. In Indiana, we follow the one-pot theory of division of the marital assets. This means that everything acquired before marriage brought into the marriage ...
August 20, 2020CD
A topic often spoken of in hushed tones or that is perceived as taboo is pre-divorce planning. While some spouses do this in an illicit way, such as liquidating and secreting assets, this is not divorce pre-planning a skilled family law attorney may assist you with.1 While pre-divorce planning is tailored to a specific case, this blog talks about three (3) typical areas of consideration to assist you with understanding the benefits of pre-divorce planning in your situation. Pre-nuptial/Post-Nuptial: Perhaps the most effective pre-divorce planning tool is a pre-nuptial agreement that can cover the disposition of property in the event of ...
December 27, 2019CD
Often times, individuals feel like asking their soon to be spouse to sign a premarital agreement may be disrespectful, or that even having a conversation about signing one may be awkward. However, premarital agreements, also referred to as prenuptial agreements, actually offer a lot of benefits to couples. While couples contemplating marriage should certainly shoot for the goal of remaining married, unfortunately, life happens, and relationships get strained. Premarital agreements are a way to “hope for the best, and expect the worst.” This blog looks at some of the benefits premarital agreements can offer to prospective spouses. Full Disclosure. Many couples ...
October 23, 2019CD
Going through a divorce is one of the most stressful events in a person’s life. On top of the emotional and mental aspects of divorce, it can also create complex financial issues. Common questions include “who gets the house?” or “who gets the retirement fund?”. Unfortunately, there is no hard and fast rule to answer those types of questions. Each case is fact sensitive. This is where seasoned divorce attorneys and clients spend their time; trying to figure out what makes sense financially and otherwise in the division in the post-divorce world. This blog provides a brief overview of what ...
October 10, 2019CD