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Posts tagged "Property Division"

Dividing college savings accounts in divorce

You and your spouse have been saving for your children's college education since they were in diapers. You've managed to put away a little something on a regular basis, and the college savings accounts are reaching a respectable level. Then your marriage ended. What happens to the college savings?

Be careful when dividing retirement accounts in divorce

Many divorce attorneys see their clients' eyes glaze over when they start talking about dividing up the couple's 401(k) and other retirement accounts. However, these assets represent years of hard-earned savings that you're counting on to help you be able to retire and live in comfort during your senior years. They may be the bulk of your assets, so you want to ensure that you receive your fair share in the divorce.

Don't assume that you don't need a prenup

Although prenuptial agreements are becoming more common, many people still think that unless they have significant assets going into a marriage, they don't need one. That's why we want to discuss a few scenarios where those who don't have a lot of money when they wed should get a prenup to protect themselves and others when the marriage ends in death or divorce (and, face it, those are the only two options).

How do judges divide up assets during a divorce in Rhode Island?

When a couple divorces in Rhode Island, all marital property is divided according to equitable division rules. This means that a judge will largely base their decision about how to divide up property between you and your ex by taking into consideration what they deem is fair.

What divorcing couples should know about selling their home

When couples divorce, they often are faced with the task of selling the family home. In fact, that's the choice made by over 60 percent of divorcing couples. It's often not financially feasible for one spouse to buy out the other's share and maintain the house alone. Further, it may be simply more space that either of them needs.

Understand what to consider for property division negotiations

Property division is a very serious matter that takes a lot of planning. This is especially true if you are going through a high-asset divorce. There are a lot of things that you have to think about when you are trying to work through what you want to walk away with.

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Rioles Law Offices
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