PLEASE NOTE: To protect your safety in response to the threats of COVID-19, we are offering our clients the ability to meet with us via telephone or through video conferencing. Please call our office to discuss your options.
PLEASE NOTE: To protect your safety in response to the threats of COVID-19, we are offering our clients the ability to meet with us via telephone or through video conferencing. Please call our office to discuss your options.
Navigating the division of debts during a divorce is a critical concern that can result in long-term financial implications. Debts accumulated during the marriage are a key component of financial division matters. Clarity in this area is crucial for both parties to...
When the marriage is over and divorce is on the horizon, one of the most contentious matters that the couple must resolve is how they will share the assets they acquired while married. Of course, money matters can be quite challenging to maneuver because a lot of...
Most people understand that divorce has implications for each spouse’s finances. After all, the process is somewhat expensive on its own. Additionally, marital assets need to be divided and one spouse may even be subject to support orders that force them to make...
In Rhode Island, people who get divorced will undergo a process of equitable property distribution. This means that the couple's marital assets and liabilities will be divided fairly but not necessarily equally. All of a couple's assets and liabilities acquired during...
Divorce in Rhode Island can have potential long-term tax consequences if improperly handled. It's important to note, however, that every circumstance is unique, but some legal maneuvers make the process much easier for you and your soon-to-be ex. The divorce...
In Rhode Island, one of the ways to define property ownership is called tenancy by the entirety. This is a special legal arrangement for married couples so that they can jointly own property in a way that allows them to maintain control of it if one of them passes...
Divorcing when you are over 50 in Rhode Island comes with unique challenges you wouldn't normally expect for younger couples. The emotional and financial toll it takes can be challenging to deal with, but one must find a way to tackle through so that they can come out...
A divorce takes a toll on your emotions but also brings about major changes in your finances. The more assets you and your former spouse accumulated together, the more difficult it will be to divide these assets at the end of your marriage. It can be challenging to...
Property division has always been a critical issue in Rhode Island divorce cases. Who keeps the family home? What happens to retirement savings? How are debts divided up? To determine who gets what, courts consider whether the property is marital or separate. Marital...
Rhode Island is an equitable distribution state, which means that in a divorce, assets are divided by the court based on a number of factors. It also means that debts may be divided pursuant to the same principles. When was the debt acquired? Typically, you aren't...
