Legally, divorce is divorce no matter how much money is involved. In practice, though, high-net-worth divorces tend to be much more complicated than ordinary breakups. Rules surrounding divorce are highly state-specific. This article will discuss issues that apply in general, but … Continue reading → The post High-Net-Worth Divorce: Dos and Don'ts appeared first on SmartAsset Blog.
I received a call recently from a colleague looking to refer a client for a divorce. Our firm had done estate planning for the client and spouse, thus we were not eligible to represent.
One of the tenets of this blog is that in a no-fault world divorce is a financial transaction heavily imbued with human emotion. The effective divorce lawyer tries to guide clients.
An important change to the Divorce Code will have a significant impact on contractual beneficiary designations effective May 2, 2023. Section 3323 has been amended to add subparagraph.