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Husband’s Concealment of Assets Results in New Division of Property

When a court divides the assets and debts of a couple as part of a divorce, the court must normally rely on values of the assets that are supplied by the parties. With some assets, such as bank accounts and credit cards, the balances should be easy to determine. However, sometimes people try ... read more...

Alimony Award Modified in Divorce Appeal

13 August, 2013 by Lawrence in alimony, Divorce, Marital debt
A Tennessee Court of Appeals modifies an alimony award because the husband had recently had a reduction in his income and the wife had the potential to support herself without additional education or training. read more...

Legal Separation or Just Live Separately?

If you and your spouse have decided to live separately, but you're not quite ready for a divorce, you might want to know if you need a legal separation or whether you can just simply live apart. read more...

Requiring one Spouse to Refinance the Debt on the Marital Home

Many divorces involve resolving what to do with the debt on real property owned by the couple. Should both parties stay liable on the debt after the divorce is final? read more...

5 Things To Do Before You Move Out of the Marital Home

If you are approaching divorce, you may be thinking about moving out of the marital home. There are a few steps you should take first. read more...

6 Reasons You Need a Prenuptial Agreement

Prenuptial agreements are no longer just for wealthy or famous people. Many modern marriages could benefit from planning ahead and if you are about to get married, you might be surprised what a well drafted agreement can do for you. read more...

What is a Marital Dissolution Agreement?

A marital dissolution agreement (sometimes called an “MDA”) is a document used in irreconcilable differences divorces.  It’s basically a contract between a husband and wife to end their marriage and divide all the marital property and marital debts.  In order to properly draft ... read more...

Division of Marital Debt in Tennessee

I’ve previously explained how Tennessee courts will divide marital assets during a divorce, and I clarified how the court will divide property that was purchased after the parties separate, but before their divorce was final.  That’s great, but what about debt?  With the economy the ... read more...

Lose the Spouse, Sell the House

The easy way out in a divorce is for the two parties to negotiate and agree that the husband will pay certain debts, and the wife will pay certain other debts. The problem is, unless you arrange to have your name removed from joint accounts, you might find yourself responsible for more debt ... read more...