Divorce Lawyers Can Help You Get the Best Terms For Your Divorce
June 2, 2023•633 words
Divorce lawyers can help you get the best terms for your divorce. They can also protect your rights and help you avoid mistakes that could delay or worsen your case.
They often deal with issues such as dividing assets, child custody and child support. They also work with clients on related matters such as wills and trusts.
Assets
Divorce attorneys often have access to a wide range of assets, such as real estate, stocks, bonds, and businesses. These assets may be worth thousands of dollars or millions of dollars.
During a divorce, it is important to have an experienced Family lawyer near me with a thorough understanding of the types and values of your assets. This can help ensure that your interests are protected throughout the process and that your assets are divided fairly.
Many high-asset divorces also involve pension and retirement accounts, which must be split in a manner that avoids taxes. Specialized QDRO orders are required for distributions of these funds, and an experienced attorney can provide legal advice on how to best divide them.
One common mistake in high asset divorces is attempting to hide assets from the other spouse during the proceedings. This is a costly mistake that can have long-term consequences.
Child custody
Custody is the right of a parent to make decisions on behalf of his or her children. This can be shared by both parents in a joint custody arrangement or granted to one parent solely.
Child custody lawyers will help you negotiate a child custody agreement that is fair to both parties. This includes handling any issues that might arise later, such as modification of your custody and visitation rights.
Divorce lawyers can also handle issues related to child support. They can ensure the amount of money you pay is a fair figure.
Custody disputes are common during divorces, but there are ways to resolve them without resorting to court. For example, a forensic psychologist may be appointed to do home studies and drug tests to determine how parenting time should be split. This is a very effective tool and can be used in many cases.
Family debt
Many couples accumulate a significant amount of debt during their marriages, including mortgages, car payments, tax debts, and credit card bills. This can cause financial stress in the household, and it is important to seek legal help from a divorce lawyer who specializes in family law.
In most states, marital debt is split "equitably." This means that a judge will determine what it would be fair to divide assets and debts based on all relevant factors. However, in some cases, a court may be allowed to divide debt disproportionately if it is considered significantly unfair for one spouse to pay half of it.
This is especially true for joint debts incurred during the marriage, such as home mortgages and car loans. It also applies to individual debts incurred by either spouse, like student loans.
Spousal support
When you divorce, the judge may order spousal support (also known as alimony) to help the dependent spouse reestablish their standard of living. The court considers a number of factors to determine whether or not a spouse should receive spousal support.
A sydney lawyer can help you understand the spousal support rights that you have under family law. If you have questions about your rights in this area, contact an attorney today to schedule a free consultation.
The type of spousal support you receive is based on the state’s guidelines. The judge will also consider your income, need, and the length of your marriage.
A spousal support order may be modified or terminated if there is a substantial change in the recipient’s circumstances. This change can include remarriage, cohabitation with a new partner, or earning over a certain income threshold.