With rising legal fees and court costs, the uncertainty of trial calendars and outcomes, and the overall toll that litigation can take on a divorcing couple, Collaborative Divorce may be a better option for Nebraskans going through divorce. Generally speaking, those who choose to proceed collaboratively agree that they will not resort to the court…
Deciding to proceed with a divorce is one of the biggest decisions you’ll make. Moreover, filing for divorce might feel like a daunting task, even if both spouses want a divorce. So, does it matter which spouse files for divorce? The short answer is No. In the eyes of the court, both spouses are entitled to…
One of the biggest decisions to be made during the divorce process is what will happen to the family home? This decision is more than just a legal one. It impacts both emotions and finances. Although there are many factors to consider, generally there are two options for the home – either one spouse will…
In Nebraska, divorce is a multi-step process that includes filing for divorce. What the term “file for divorce” means may depend on who is using it. When an attorney uses the term “filing for divorce,” they are generally referring to the legal process of filing a legal document, like a Complaint for Dissolution, with the clerk…
In almost every Nebraska divorce, spouses must address the issue of determining premarital and nonmarital property. This is especially true in high-wealth divorces, which frequently entail assets acquired from a variety of sources, and second-marriage divorces, which often involve spouses who have acquired a sizable portion of their wealth prior to marriage. Dividing Property in…
Internationally owned assets present unique challenges during a divorce. As global holdings and investments have become more common for Nebraskans, so too have the complexities in equitably dividing international property. While each international asset presents its own unique challenge to divide in a divorce, some assets are more challenging to divide than others. And when…
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…
Generally, tax returns, paystubs, and traditional wages are the easiest way to determine one’s income for purposes of child support and/or alimony. However, not all spouses earn income this traditional way. Non-traditional earnings, including dividends from income investments, passive income, retained earnings in a closely-held corporation (if excessive or inappropriate), Social Security benefits, as well…
Alternative forms of compensation, such as employee stock options are complex and present challenges in a divorce. An employee stock option is the right of an employee to buy a specific number of shares of stock in the employer-corporation at a specific price (strike price, grant price, or exercise price) at a specified time in…
Undoubtedly, a big life change, such as a divorce can cause emotional distress. Unfortunately, a stigma regarding mental health support still exists. Many parents worry that seeking professional help may make them appear unstable or be used against them in a custody proceeding. However, if you are seeing a therapist, acknowledge yourself for getting the…
