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Month: November 2024

November 2024

Valuing a Business in a Divorce

If you or your spouse have an ownership interest in a business, that ownership interest may be considered a marital asset subject to division in your divorce.  As with any asset, the first question issue that must be determined is whether (or what portion) of the business interest is martial.  If the business ownership interest is marital, then you must determine what the value of the interest is.  Determining the value of the ownership interest for divorce purposes can be complex. Some businesses have multiple owners with varying percentages of ownership interests. The type of business entity can also add
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Substitute Spouses

It was a startling statement.  “You need to go to the hospital right now for a CT scan to rule out stroke.”  I blinked without focusing and shook my head in disbelief.  I had arrived at my doctor’s office with the confidence that she would give me an antibiotic to alleviate my self-diagnosed sinus infection (despite no actual symptoms).  How else could I explain the pain in my head and the blind spots I was having in both eyes?  A Google search had indicated it could be a sinus infection… I arrived at the hospital gripping the referral sheet –
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10 Golden Rules to Protect Your Kids During a Divorce

Ideally, parents going through a divorce make it a priority to work together to lessen the negative impact the divorce may have on their children.  Although it may be difficult for you to set aside your own marital differences during this stressful time, you can make the transition easier for your children if you follow these 10 rules: Don’t blame each other.  When you explain the divorce to your children, do it together and avoid blaming each other.  It is important for your children to love each parent unconditionally; placing blame makes it more likely a child will build up
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The Divorce

I lay on my couch too listless to pick up the book I want to read or even to pick up the remote to watch a new murder docuseries I had saved.  Maybe I will turn on music – but my phone is on the dining room table.  I remember I need to take the garbage to the curb – eh, it can wait another week.  I am numb. I am scared, worried, and uncertain about my future.  I feel this now thinking about the country I love.  I felt this in 2011 when I was in the midst of
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5 Questions to Ask Your Divorce Attorney in the Initial Consultation

When meeting with an attorney for the first time in the divorce process, it is important that you receive candid advice to any questions or concerns that you may have. While your attorney may not be able to answer all of your questions during the initial consultation, your attorney should be able to provide you with guidance and insight. When preparing your list of initial consultation questions, here are five suggestions to add to your list: What information do you need from me? To complete a divorce, a number of documents have to be collected. Ask your attorney to provide
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The Truth About Timing

I sat with a mess of memories in front of me. Reflections from our fishing trips, vacations to the beach, our wedding, the births of our babies – all in shiny ornaments to be boxed away with the holidays now over. The tree ornaments were a reflection of our collective identity as a couple. We had been compiling this collection for nearly a decade spent together. The usual post-holiday sadness set upon me.  But this year there was so much more – I felt desolation.  I was aware my marriage was failing.  It was hard, empty, and lonely.  Our moments
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What Issues Can Be Addressed in a Nebraska Prenuptial Agreement?

A prenuptial agreement is essentially a legal contract between prospective spouses that becomes effective once they become married.  The reason pre-nups are so beneficial is that they can provide significant savings in time and money if the couple should divorce in the future, since the issues a court would normally resolve are already addressed in the prenuptial agreement. Some of the most common issues addressed in a Nebraska prenuptial agreement include: The rights and obligations of each spouse when it comes to joint and separate property, including the right to use, sell, lease, transfer, assign, exchange, or control and manage
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