Multi-State Fathers' Rights & Divorce Law Blog

On behalf of Stange Law Firm, PC posted in Divorce on Monday, March 14, 2016. The next issue is how to cover the expense of buying out your spouse’s interest. You may need to liquidate some assets to buy their interest or perhaps trade assets. For this, you want to make certain you have the assistance of the necessary legal, tax, and financial advisers to prevent mistakes and ensure you understand all of your costs for this transaction. In some situations, a clean break may be necessary, and you may have to simply sell the entire business and divide the resulting sale price. This

On behalf of Stange Law Firm, PC posted in Divorce on Friday, March 11, 2016. Divorce can bring many unexpected changes in your life. If you and your spouse have children, the change to your life while working through the parenting plan will likely be profound. The handoffs of your children every week, not having your kids on birthday’s or holidays, the cost of child support and the expense of a new home or apartment will all mean next year will feel very different from last year. It will work other significant changes, especially if you own and operate a business with your spouse. The

On behalf of Stange Law Firm, PC posted in Divorce on Friday, March 4, 2016. Sometimes, with a divorce, the timing may be unexpected. You may have been married 20 or 30 years, raised your children and be looking forward to your retirement when suddenly your spouse decides “it’s over.” Now, divorce is likely to be upsetting and an emotional rollercoaster at any age, but if you are 50 or older, it can cause additional problems with your retirement. All of that planning will now have to be redone and reset. Property division in a divorce is always complex. There are the two, often

On behalf of Stange Law Firm, PC posted in Divorce on Saturday, February 27, 2016. Understanding your expenses after a divorce allows you to look at the property division portion of your divorce settlement in a meaningful way. You may think that receiving the family home is a victory, but understanding the process that you will need to go through in order to pay off the mortgage and refinance while buying out your spouse’s share could change your mind. You also need to keep in mind the cost of property tax, insurance and maintenance for the future. Staying in the home may not be

On behalf of Stange Law Firm, PC posted in Divorce on Thursday, February 25, 2016. The world of your finances after your divorce may seem hidden. You may think that there are too many unknowns to deal with and that you will just have to wait until your divorce is final before you can get your arms around the actual numbers. But as tedious and difficult as it is, you need to work through the research and complete the work. Your settlement may be inaccurate if you do not know what your home is really worth or what share of your spouse’s retirement accounts or pensions