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Do I need to worry about hidden assets in my divorce?

People often have numerous fears and concerns when they are going through divorce. They may worry about everything from child custody to who will get the house or vacation property. And this uncertainty can only grow if you are going through a complex, high-asset divorce.

In these cases, many anxieties stem from financial matters. For instance, you might be fearful that your soon-to-be ex could be hiding assets.

Tips for surviving the holidays as a newly-divorced parent

The holidays are here. This can be a stressful time of year for anyone, but it can be particularly challenging for newly-divorced parents. Not only is it tricky to adjust to new schedules and traditions, it is also difficult to figure out the financial details and obligations that come with celebrating the holidays with children after a divorce.

Below are some tips that can help parents in this situation:

Staying close after divorce: is it wise?

Figuring out how to raise children together with an ex is a complicated process. There is no one right way to do it, which means parents must figure out for themselves what type of arrangement will work best for their family.

One particularly difficult element to navigate is deciding how close parents should be after a split or divorce. To decide what might be best for your family, consider the following two scenarios:

3 ways to preserve privacy in a high-asset divorce

If you are getting ready to file for divorce in Atlanta, you may want to work on preserving your privacy. You see and hear about nasty divorce battles where one or both parties say cruel things about each other and air their private business in the process. The things you say and the way you act during a divorce can compromise your negotiating power, outcome and privacy.

It is not impossible to keep your personal and financial information private during a divorce. With the following suggestions and the big picture in mind, you can better maintain your privacy in a high-value divorce.

Avoid these missteps if you want an amicable divorce

People often worry that a divorce will be a lengthy, bitter legal battle that brings out the worst in all parties. However, this is not how divorce has to go. In fact, divorcing spouses can and do navigate divorces peacefully and in such a way that makes it easier to focus on a better future.

If you are hoping for this type of amicable approach in your own divorce, you should know that it is possible for many people. However, you will want to avoid certain missteps that can easily and quickly derail a peaceful divorce.

What can I expect from the child custody process in Georgia?

Some of the difficult emotions with which parents struggle during child custody disputes stem from (or are exacerbated by) an unfamiliarity with the legal process. Parents may be guided by mistaken beliefs or anecdotal recounts from friends and family that are not relevant to their case.

To alleviate some of the anxiety you might be feeling if you are a parent about to go through a divorce, and to help you better prepare for the process, we will explain some basic information about child custody in Georgia.

High-asset divorce: 3 things you do not want to forget

There are numerous aspects of a divorce that can substantially complicate the process. While many states aim to give parents an equal amount of custody with their children, Georgia has fallen well behind the pack. In fact, research shows that Georgia ranks 46th on a list of dad's custody time, with fathers having an average of 23.5 percent of custody time with their kids. 

Child custody is merely one aspect to consider, but property division is very important as well, especially for wealthier couples with more assets. Here are a few factors for both parties to consider if they share considerable assets with one another: 

What happens to all our personal property in a divorce?

Property division in a divorce doesn't just refer to expensive, large properties like homes, cars and retirement accounts. Divorcing spouses must also divide personal property. Personal property includes everything inside a home, from electronics and jewelry to wedding china and furniture.

During a divorce, parties must decide what to do with all this property. Generally speaking, this will mean putting them into one of three categories: keep, sell or donate/throw away.

What should we include in our parenting plan?

If you and your former spouse or partner agree to raise your children together after you end your relationship, then you will need to have a parenting plan in place. This plan establishes the rights and expectations for each parent in terms of legal and physical custody.

Because these documents are so important, you should know what people typically include in them so that you can prepare for an upcoming custody discussion or legal proceeding.

4 signs you need a prenuptial agreement

The idea of creating a prenuptial agreement can be a little uncomfortable for people who are planning to spend the rest of their lives together. They might feel it is unnecessary or may not know how to broach the subject with their partners.

As a result, people often shy away from talking about a prenuptial agreement. However, there are some indications that having a prenup could be in your best interests such as the following scenarios:

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Reese-Beisbier & Associates, P.C.
407 East Maple Street
Suite 204
Cumming, GA 30040

Phone: 678-947-2988
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