Business valuations are important in Connecticut divorces. For example, assessing the value of a business helps with asset distribution. The income approach, asset approach and market approach can play roles in valuations, as can hybrid variations. The income approach...
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Year: 2023
Should you keep the investment property in your divorce?
According to the CDC, there were roughly 2.5 divorces in Connecticut for every 1,000 people in 2021. Divorces are always challenging, both emotionally and financially. When you are dealing with high assets, the complexity can increase exponentially. Among the many...
Financial professionals you may want on your divorce team
A Connecticut divorce often involves significant financial considerations. Financial professionals can play important roles in helping you navigate the financial aspects of divorce. Here are a few types of financial professionals you may want to consider adding to...
Signs your spouse may be hiding assets
When a couple heads for separation and divorce, one spouse may try to hide assets from the courts or the other spouse in an attempt to avoid paying the other spouse their fair share of the assets. Here are a few signs that your spouse may be hiding marital assets if...
Things you should know when divorcing in Connecticut
Different states have different divorce and asset distribution laws. In the case of Connecticut, a few of its laws are a bit different than other states. Here are some of the things you should know about divorce in Connecticut. Connecticut is not a 50-50 state A 50-50...
Examining the impact of infidelity on Connecticut divorces
Infidelity can have significant emotional and personal consequences, but when it comes to divorce proceedings in Connecticut, it's essential to understand how infidelity may or may not affect the outcome. Connecticut is a no-fault divorce state, which means that...
How does your prenuptial agreement affect your divorce?
Prenuptial agreements are more common than ever with high-asset unions. Especially when each party in the marriage brings their own wealth to the relationship, it is important to protect those interests. If you are facing a divorce in your high-asset marriage, you...
Times to consider appealing your divorce ruling
The emotional nature of divorce cases often leads to one party’s disagreement with the final ruling. Disagreeing with a ruling is not sufficient reason to file an appeal. That does not mean you cannot appeal a family law ruling. There are three instances when you...
Balancing co-parenting duties with running a business
The months and years following a divorce can be a period for you to focus on your personal goals, including those relating to the success of your business. However, you have another very important area of your life to focus on as well if you share a co-parenting...
The cons of high-asset divorces
High-asset divorces involve a lot of high-value assets. In these types of divorces, the more property you have, the more complex this case is. Since these are highly complex, you should understand their cons before beginning your divorce. They are more expensive It...