January 2018 Archives

High-asset divorces: Negotiate out of court

It's hard to divorce no matter what your position, but it's particularly difficult when you have a lot to lose. When you're in a high-asset marriage, that makes for a high-asset divorce. It's possible that you could lose much of what you've built up during your marriage, but there are ways to protect yourself.

In the event of a divorce, cancel joint credit accounts

Ending a relationship may be easier than splitting finances. Owning joint credit cards with a soon-to-be ex can have devastating results if one party does not take responsibility for unpaid balances. In Georgia and other states, a divorce decree does not excuse one from making payments on credit card accounts.

Lawmakers encourage shared parenting with new child custody bills

The every-other-weekend dad may be a thing of the past as lawmakers work to speed up a new trend toward co-parenting. Over 20 states are considering bills that would encourage shared parenting even when parents cannot agree. In Georgia and other states, new shared-parenting bills could be a game changer for child custody battles.

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