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Category: Divorce

Divorce Planning: Protecting Your Children's College Savings

Divorce may be about a fresh start for you. For your college-bound child, divorce could seem like a barrier, especially if well-laid plans years ago do not carry over. However, with a bit of planning for divorce and college savings, it may be possible to protect your child's college savings and minimize financial loss. Now […]

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Advantages of Filing for Divorce First in Georgia

The decision to file for divorce is always big, but does it matter if you file prior to your spouse's decision? In some situations, it may play a role in the outcome of your case. Filing for divorce first in Georgia could provide advantages in that it allows you to remain at the heart of […]

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What Is a Qualified Domestic Relations Order (QDRO) in Georgia?

One of the most significant and often overlooked aspects of property division in a Georgia divorce is the distribution of retirement benefits. Enter the Qualified Domestic Relations Order, or QDRO – a crucial legal document that plays a pivotal role in ensuring a fair division of retirement assets. Let's look at what QDROs mean in […]

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Understanding Divorce and Stock Options in Georgia: A Comprehensive Guide

If you’re preparing for a divorce in Georgia while you or your spouse has stock options, it’s crucial to understand how these assets may be divided. Company stocks are challenging to assess, and you don’t want to end up with an unfair share after the property division. This guide explains how Georgia courts handle stock […]

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Divorce and Professional Practice Division in Georgia: A Comprehensive Guide

In the complex landscape of divorce proceedings, the division of professional practices presents unique challenges, especially in Georgia. A spouse who is a doctor, accountant, engineer, or other private practitioner will want to protect their business, while their husband or wife may also be entitled to certain interests. This guide explores the intricacies of how […]

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Qualified Domestic Relations Orders in Georgia Divorce

In Georgia, when divorcing couples can't reach an agreement on dividing marital property, a superior court judge steps in to equitably distribute assets and liabilities between the parties. Retirement plans often represent a significant portion of marital assets and must be considered in contested divorce cases. Any retirement plan established or enhanced during the marriage […]

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Georgia High-Net-Worth Divorce: Safeguarding Your Privacy During the Process

With so much on the line in high net worth divorce cases, privacy is a paramount concern to limit public information about assets, debts, and details regarding the lifestyle of the parents and the children. There is also the risk of public scrutiny in many situations.  In addition to preventing the risk of public scrutiny, […]

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How is Debt Divided in a Divorce in Georgia?

In Georgia, debt incurred during the marriage is typically considered "marital debt" and divided equitably between spouses as part of the divorce settlement. However, there are exceptions and strategies that can impact how debt gets allocated. Here is a guide to understanding Georgia law regarding debt distribution. To protect your financial interests in your specific […]

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Can I Empty My 401(k) Before Divorce in Georgia?

It’s not a good idea to empty your 401(k) account before divorcing in Georgia, as this can result in tax penalties and even legal consequences. There are legal avenues, however, to withdraw from your retirement account if you need to access money for your divorce. Let’s take a look at important implications of 401(k) divorce […]

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High Asset Divorce in Georgia

A high asset divorce refers to the dissolution of a marriage involving assets of considerable monetary value. These assets may consist of cash, real properties, businesses, investment and retirement accounts, numismatic collectibles, and other valuable possessions. When substantial property is involved, each party in the divorce will want to protect their interests in property division, […]

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