Judicial discretion plays a major role in many Connecticut divorces. It refers to the authority granted to judges to make decisions based on their own judgment and interpretation of the law. In these cases, strict legal guidelines do not bound judges. In this way,...
Divorce
6 ways business owners can show a court they prioritize their kids
Business owners are often busy juggling their responsibilities. If you are one of them, divorce and child custody talks can add more complications to your life. However, it is important to show the court that you prioritize your children. 1. Set work boundaries...
Factors when valuing a doctor’s professional practice in divorce
In 2020, Connecticut had 3,864 active primary care physicians, according to the Association of American Medical Colleges. Divorces involving professionals such as physicians bring about unique challenges. This is particularly true for evaluating the value of their...
Why marriage length can matter for high-asset property division
Marriages can take unexpected turns. In the end, some couples decide to part ways. In the realm of high-asset divorces in Connecticut, the duration of the marriage can play an important role in determining the equitable distribution of property. Longevity and...
How to protect your retirement in a high-asset divorce
Divorce is never easy, especially when you have significant assets. One area that requires careful consideration is your retirement savings. Protecting your financial future is important during this challenging time. Understand your retirement accounts Did you know...
Income, asset and market approaches for business valuation in divorce
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...
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...