Board Certified Family Law Specialist Matt Arnold answers the question: ” Is there some property that the judge cannot divide?”
For most individuals facing a divorce, their concern is what will happen to the children (if any) from the marriage and how the assets of the couple will be divided and assigned. A divorce can have many consequences to the present situation of the parties involved, but there are future considerations and consequences that must be considered by the parties when entering into a divorce agreement, as well. One of these future considerations is what will happen to any retirement accounts that the couple has.
North Carolina State Bar Certified Family Law Specialist Matthew R. Arnold answers the question “How long does getting a divorce take?”
Divorce can be a trying time for a lot of reasons: the emotional pain, worries about your kids, financial stress, etc. Something that many people may not realize, but should pay attention to, is the way that divorce can impact your credit score. When assets are divided during a divorce, most people believe that’s the end of the fight, mistakenly assuming that if the other spouse was ordered to be responsible for a debt then they are free and clear. This is often not the case and can lead to an unsuspecting spouse having a once pristine credit score trashed. To find out more about how divorce can impact your credit score and what to do to prevent that, keep reading.
Matthew R. Arnold of Arnold & Smith, PLLC answers the question “How can an attorney help me with my Divorce or Separation in North Carolina?”
Since its inception, the online realm’s “open source” mantra has seen so-called techies from points all over the world collaborating for the betterment of online humanity. That seemed at least to be the idea of the internet in its early days.
Charlotte Divorce Attorney Matthew R. Arnold of Arnold & Smith, PLLC answers the question ” Is there some property that the judge cannot divide?
Any litigant looking for something less than the proverbial blood wants to spend as little as possible getting from here to there. Some litigants are out for the proverbial blood, however, and seem willing to spend as much as it takes to draw it.
Thankfully, our system of legal justice limits litigants to well-known causes of action and certain limited remedies. In the family-law context, these remedies include a decree of divorce, an award of money or property under various legal theories, an award of custody of a child or children and, in some cases, the imposition of one or more injunctions prescribing or prohibiting certain actions or omissions.
Parties to a divorce action can take some simple steps to spend as little as possible getting to the finish line. The first step, writes Geoff Williams in US News and World Report, is learning to compromise. This can be difficult, because even spouses who do compromise may feel regretful about their decisions.
Judy Crockett of Manistee, Michigan, for instance, regretted her decision to accept her husband’s offer of forty percent of retirement assets. She said she decided not to fight for a full half of the retirement assets because her husband was older and in ill health at the time of their divorce.