Lessening the Financial Burden of Divorce
Many people put off the divorce process for years, even if they are completely miserable because they are so afraid of the legal process and the potential financial ramifications. Here at Egan Law Center, we understand the anxieties and financial pressures that are put onto our clients during a divorce, which is why we work as hard as we can to lessen that financial burden.
Evaluating Business Goodwill in Divorce Negotiations
There are a number of factors that can complicate and slow down a divorce. One of these factors is when one or both spouses own a business. Do you or your soon-to-be-ex own a business? Then you will want to keep on reading!
Christmas Traditions Can Make Your Parenting Agreement Easier!
Every family has its own special Christmas traditions. My family is a family of procrastinators, so our Christmas eve is spent tucked in our rooms, furiously wrapping all of our gifts. I have fond memories of rotating bedrooms, helping each family member wrap presents for my siblings, and strategically hiding all the presents of the sibling that was in my room when they came to help me out.
How College Affects Custody Agreements
When your child goes off to college, it is a huge milestone for them and brings about a lot of changes in their daily lives. However, when you have divorced or have a custody agreement with the co-parent, your child going to college can bring about some big changes for you and your co-parent as well. It’s important to be prepared for what your child leaving for college can mean for your custody agreement.
Keeping the Family Home in a Divorce
One of the most frequently asked questions we get from prospective and current divorce clients is, “How do I keep my family home in the divorce?” Understandably, most people have intense emotional attachments to the family home and the idea of selling your home can be devastating. Sometimes, people want to keep the family home, not for themselves, but because they believe it will be easier on the children if they can stay in the home they are used to.
Negotiating a High-Asset Divorce
In some cases, usually in short-time marriages when couples divorce young, there can be few assets that need to be split up. For example, a couple who rents an apartment, has already separated their bank accounts, has no children, and has little retirement or investment accounts can usually get a divorce quickly and inexpensively. However, for high-asset divorces, which are defined as divorces with assets totaling one million dollars or more, it can be difficult to negotiate a separation agreement between the parties. At Egan Law Center, we have extensive experience negotiating high-asset divorces, and some tips to share with those about to embark on this process.
Planning for Your Digital Legacy
An estate plan often focuses on tangible property such as jewelry, artwork, money, and vehicles. However, in this age of technology, it is important to remember to include your digital assets. Digital assets consist of everything we own online. Because we spend more time on computers and smartphones than we ever did before, you may not realize how much digital stuff you own, from photos and videos to online accounts, cryptocurrency, and nonfungible tokens (NFTs).
Gratitude During Hard Times
When life gets hard, the last thing on our minds is gratitude. Sometimes, it can feel like everything is conspiring to come together to make your life as miserable as possible. When you’re feeling down on your luck, it can be easy to focus only on the negatives.
What is SoberLink?
When a co-parent has an alcohol addiction or is in the stages of recovery, you may want to consider incorporating SoberLInk into your co-parenting agreement.
How Are Parenting Plans Decided?
Parenting plans are decided in matters such as divorce, modifications, and complaints for child custody-support-parenting time. Parenting plans are always decided with the child’s best interests in mind. What does this mean in practice?
How Cryptocurrency and NFTs Fit into Your Estate Plan
Five years ago, cryptocurrency was probably not on your radar. Today, it may be an important investment in your portfolio. You could even own some nonfungible tokens (NFTs), which are powered by the same blockchain-based technology. Despite the dizzying fluctuations in the value of these assets, you should ensure that they are included in your estate plan so you can preserve them for your heirs.
Divorce Doesn’t Have to be Scary With the Right Financial Plan
Have you ever heard of the saying, “It’s cheaper to keep her”? This saying is often said by men who are afraid to leave their wives because of the financial burden that accompanies divorce. While I certainly don’t think it’s smart to stay in a loveless marriage, I understand that there is this conception that divorce will leave you financially devastated.
Is your child struggling moving between houses during the school year?
Transitions can be tough for children, and even young adults. The change from one home to two can be emotionally difficult, but it can also cause some academic difficulties for children.
Filling Out the Financial Statement With Ease
For any legal matter in which there is any financial aspect involved (i.e. divorces, custody proceedings, etc.), each party is required by the court to fill out a financial statement, to be exchanged with the other party and filed with the court.
Is Alimony an Option For Me?
To start off, you may be wondering: What is alimony? Am I entitled to it? Alimony is payment from one spouse to another for financial support following a separation or divorce. It may be paid in one “lump buyout” or through smaller, continual payments.
How do you choose which school your children go to when divorced?
Once couples get divorced, many times one or both parents may move out of the school district where the children currently reside. So, which school district should the children be attending now?
5 Reasons Why We Love Family Law
There’s no better feeling than a major court victory for a very deserving client. Many of our clients come to us after being pro se and bullied by either opposing counsel or were not able to articulate their argument to the judge. The feeling of righting the wrongs that have been done for our clients makes all of the hard work worth it!
All About Postnuptial Agreements
Prenups are the agreements that get all the attention these days, but postnups can be the unsung heroes in marriages. While postnups are held to a higher standard than prenups when tested in the courthouse, postnups are often used to save a marriage that is headed to divorce.
What is the right divorce process for me?
Typically, there are two paths to divorce. The first way is called a “1a divorce”. A 1a divorce is the more amicable route to divorce. For a 1a divorce, the parties work together behind-the-scenes to negotiate a settlement agreement with the help from their attorneys.
Avoiding Burnout
“Burnout” is one of those buzzwords it seems the public can’t get enough of these days. While I still value productivity and hard work, I can get on board with some of the advice circulating in business groups on how to be mindful and efficient with the breaks you take in order to be the best lawyer, doctor, businesswoman, etc. that you can be.