Dividing a business owned by one or both spouses undergoing a divorce can be complex and contentious. Nebraska is an equitable distribution state, meaning the court divides marital debts and assets fairly but not necessarily equally. If your business is marital...
Divorcing later in life: Protecting your retirement nest egg
Divorce is a complex process, oftentimes even more so when navigating it later in life. A significant concern for retired professionals in Nebraska often centers around protecting their carefully built retirement accounts. Nebraska is an equitable distribution state....
2 ways to address pensions when negotiating an Iowa divorce
Having adequate resources for retirement is a top concern among adults of all ages. Even very successful professionals may worry that they do not have enough set aside for their comfort in their golden years. A pension offered by an employer may not be as common of a...
Will a Nebraska judge approve your marital property agreement?
It was challenging, but you and your spouse finally agreed on how to divide your marital property. Congratulations, you have accomplished what many cannot in divorce proceedings. Let’s hope the judge in your case approves of your hard-won agreement. Courts strongly...
When you suspect your ex is hiding income in the divorce
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?...