Divorce can be a stressful, emotionally draining process. This is especially true in cases where one spouse is the breadwinner – or earns the vast majority of the household income – while the other spouse is left in the dark about couple’s true financial situation. In...
Full disclosure, honesty crucial when dividing property
When faced with the potential of losing half your assets and money, some people get scared or angry and do things they should not do. They want to protect themselves or punish their ex. But in attempting to do so, they could wind up creating more problems. One mistake...
Tips for talking about a prenup with your partner
If you are planning to spend the rest of your life with your partner, there may be nothing you can't talk about with them. However, some conversations can still be uncomfortable. One such conversation can be about drafting a prenuptial agreement. If you are getting...
What to know about the financial affidavit
A financial affidavit will be one of the most crucial documents you complete during your divorce. It will affect your property division settlement and your support agreements, so it is important that you know what it involves and the common mistakes to avoid when...
5 surprisingly valuable assets that can derail your divorce
People often focus on their most valuable, sizable assets when they are dividing property during a divorce. They think about their home, cars, boats and their businesses. However, other properties can be surprisingly valuable, triggering contentious disputes. Do you...
What happens to retirement savings in a Nebraska divorce?
For many people, comfort in their later years depends on their retirement savings and benefits. However, the divorce process can be cause for concern. What will happen to your retirement savings in divorce? Will you still have enough to retire in the way you intended?...
How are marital assets divided in divorce if their values fluctuate?
An important — and often controversial — part of any divorce is the division of marital property. In our state, the division of the marital estate between the parties must be equitable, meaning based on fairness under the circumstances. Of course, no fair division is...
Divorce is even more complicated for Nebraska business owners
Divorce is always a complicated affair, but when there is a family business involved, even more complex issues can arise. Both parties to such a divorce have significant property and other interests related to the value and operation of the business that must be...
Hiring a divorce lawyer is crucial if your spouse handled your finances
During marriage, assigning different roles and responsibilities to each spouse makes sense. Sometimes there is an obvious reason for deciding which spouse handles certain matters, but other times spouses naturally fall into a rhythm for managing household...
What happens to debt in a Nebraska divorce proceeding?
In Nebraska divorce, the judge divides debt between divorcing spouses as part of the overall division of the marital estate using a standard of equity and fairness. Nebraska law says that property division must be reasonable and equitable, considering five factors....