There are several new laws coming into effect in Tennessee that may be of interest to people involved in divorce, custody, or child support cases. SB101 / HB90 Forgiving accrued principal and interest on child support. Previously, child support was a requirement and any unpaid support ...
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This case is about how a prenuptial agreement can come back to haunt you if you don’t carefully abide by all of its provisions. Husband and Wife were married in 2006. At the time the parties were married, Wife had a large trust fund, which she wanted to keep as separate property. ...
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Several important new laws concerning divorce and custody were just put into effect on July 1st. Some are more important than others, but family law attorneys in Tennessee need to be aware of the changes and possibly working additional language into new parenting plans. Parenting plans ...
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Wife is to receive $115,000 from husband's retirement fund in exchange for some of the marital property. Should she have to pay the taxes on that money, or should the husband pay the taxes?
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A Qualified Domestic Relations Order, which is usually shortened to "QDRO", is an order of a court that instructs the manager of a retirement plan to set aside and pay a portion of the funds to an alternate payee.
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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 ...
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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?
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I previously gave some reasons why engaged couples should consider a prenuptial agreement. Here, I'm going to share the most common reasons why people may choose not to have such an agreement.
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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.
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Alimony is a legal obligation of one spouse to provide support to the other spouse after a divorce or legal separation. Most often, this support is in the form of monthly payments of a set amount.
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