The Law Offices of Abbott & Abbott, P.C.
Get Answers. Call For A Free Consultation.
marietta 678-905-8781 canton 678-792-4908

Divorce Archives

Moore high-asset divorce finalized

Movie fans in Georgia and elsewhere in America may be familiar with filmmaker Michael Moore and his highly publicized divorce. Moore recently ended his marriage of over two decades with wife Kathy Glynn; the settlement was finalized on July 22.

Divorce, marital property and retirement benefits

Having the right strategy for property division at the end of a marriage could significantly improve an individual's financial security as a divorcee. People going through the divorce process, especially those 50 and older, may want to consider any retirement assets of a spouse during negotiations. In Georgia and most states, marital property is divided equitably in a divorce by a judge who presides over the settlement agreement according to the National Endowment for Financial Education.

Former Dodgers' owner wins divorce fees

In Georgia and elsewhere, a contested divorce can easily become a complex wrangle of financial disputes, and these cases get even more complicated when legal fees are at issue. This was the case in California, where the principle asset owned by a divorcing husband and wife happened to be a major league baseball team. The couple finally managed to reach a settlement but found themselves back in court when the ex-wife contested the agreement.

Couples ending a marriage have financial decisions to make

Divorcing couples in Georgia already have a lot to deal with emotionally, but remembering a few tips early on could reduce stress and eliminate headaches later. Ending a marriage can put both parties in a different tax bracket, and preparing for that as soon as possible can help avoid a shock at tax time. The preparation process can include making decisions on joint debts and assets, how employment income could affect alimony payments, and child custody issues.

Will adultery affect your divorce settlement?

Infidelity is a common cause of divorce. If you or your spouse has decided to end your marriage due to cheating, you might be wondering how adultery affects the divorce process in Georgia. You may have heard, for example, that Liberty Ross and Rupert Sanders recently settled their divorce and Ross walked away with "guilt money."

Coursework is available to aid divorcing parents in Georgia

Many people in Georgia put off divorce because they are worried about the effect it will have on their children. The truth is that divorce does affect children--whether they are young or whether they are all grown up. However, being sensitive to children's emotions and offering them the support they need is often the key to parenting well during divorce. Unfortunately, many parents are engulfed by the stress and trauma of divorce themselves, and their children's needs wind up on the back burner.

Do you need a prenuptial agreement? The answer may surprise you

Many people who marry in Cobb County never think about entering into a prenuptial agreement. It never even crosses their minds. This is because a lot of people mistakenly assume that prenups are only for the rich and famous. However, prenuptial agreements can be very helpful for people of more ordinary means as well.

More Georgia men might consider requesting alimony

People here in Georgia often associate alimony with an image of a wealthy man paying spousal support to his unemployed ex-wife. This traditional vision, however, is nothing but a stereotype. In fact, in many cases both the payer and payee of alimony work, but there is a substantial difference between their incomes or between their abilities to earn an income. Additionally, in this day and age, it is becoming more common for women to be the payers of alimony. According to the Pew Research Center, the woman is actually the higher income earner in about 37 percent of married couples with children.

How is pet custody determined in divorce?

Several years ago in this Cherokee County Divorce Law Blog we discussed the issue of pet custody. Pet custody disputes come up often in divorce and they are perhaps becoming more and more common. Many divorcing couples are still surprised, however, when they find out that there is no legal procedure to determine a pet's custody after divorce. Under Georgia law, pets are considered property and as such most family law judges will give no consideration to a pet custody dispute.

Divorce and your house: the question of valuation

The real estate crisis of a few years ago continues to influence divorce decisions, particularly regarding property division. Before the crisis hit, it was often not that difficult for one of the partners to move out of the family home and get another house almost right away. Or the house could be sold fairly easily and the proceeds divided among the spouses.

Email To Hear From UsEmail To Hear From Us