Watchful eyes are focused on all the relevant matters concerning your Arkansas divorce.
Posts tagged "property division"
Divorce in Arkansas and elsewhere is seldom cookie-cutter, meaning that marital dissolution in any given case will involve distinct -- even unique -- factors.
The sheer wealth of some people is, well, flatly staggering.
When a couple gets married, they likely take the traditional vows. Maybe they repeat to love each other until death parts them. They probably say that they will love each other in sickness and in health and for richer or for poorer. Anyone who has attended a wedding knows the classic vows.
Many of us in Maumelle know people who have served their country in the wars in Afghanistan and Iraq, and we are grateful for their service. While we may think that after they return home that their lives pick up right where they left off, there are increasing reports that serving in the military, even in noncombat roles, vastly changes a person's life. From post-traumatic stress disorder to time away from careers to changes in home life, being deployed can seriously disrupt a person's life. So, news about a recent study by the RAND corporation that longer deployments have increased the likelihood of divorce should come as no surprise to veterans and their families.
With so many people marrying later these days or remarrying after having already created a solid financial foundation, it is becoming increasingly important to think strategically before and during a marriage to protect yourself and your assets in the event of divorce. Not only has it become more common to look at how to safeguard your assets, but it has become less taboo to talk about with a future spouse, too.
Most everyone in Lonoke County who is getting a divorce knows that Arkansas is an equitable property division state, meaning that a court will divide marital property with equity in mind. While this does not necessarily mean that it will be divided equally, it often is. There are some things, however, that are a little more difficult to divide, which is why anyone going through a divorce should work closely with his or her property division lawyer to ensure an equitable settlement.
It may seem uncommon to many people in Little Rock, but Kobe and Vanessa Bryant have decided to stop their divorce proceedings and reconcile. While this may be the best decision for the pair, there are many more couples in Arkansas and across the country for whom there is no reconciliation. It is a difficult decision, certainly, to end a marriage, and it is not one that many people in Little Rock take lightly, so it is relatively rare for couples to later choose to reconcile.
When Arkansas couples with substantial assets are involved in a high asset divorce, the stakes for the division of the couple's marital property will naturally be high. Nevertheless, it is important to keep in mind that one must never let greed get the best of them. All assets, income, expenses and debt must be honestly and accurately disclosed in order to arrive at a fair, and legal, divorce settlement.
Anyone in the middle of a divorce in Little Rock knows how emotionally devastating a divorce can be. Whether it is a dispute over custody or the sorrow that comes with a relationship ending, in the moment divorce feels like it will never end. The good thing, however, is that it will. The process of divorce will eventually be over and each individual spouse will be able to heal and learn from the process. Thought it may sound too good to be true to most people in Arkansas, eventually everyone will be OK.