Following the breakdown of your Louisiana marriage, you may question your ability to maintain the same lifestyle you enjoy now during retirement. In truth, a divorce may have a serious impact on your financial stability and retirement savings in your later years, but...
Office Building of Weems, Schimpf, Haines & Moore (APLC)
Divorce
The potential drawbacks of a default divorce
If you are in the middle of ending your marriage, want to approach the divorce process or your spouse recently filed for a divorce, it is pivotal to understand the options in front of you. The steps you take could have a significant impact on your future, whether you...
How can dividing an IRA result in unequal property division?
The state of Louisiana is a community property state. This means any property you have acquired during your marriage that is not separate property is subject to a 50-50 split with your spouse in divorce. This includes money you have placed in a retirement account such...
Are there any consequences for hiding assets during divorce?
Even if your marriage has not been entirely bad, you can no longer live with your spouse's financial infidelity. Financial infidelity happens when one spouse is untruthful with the other about money-related matters. Sadly, according to the National Endowment for...
Will your wealth make divorce even harder?
When going through divorce, you likely want things to be as easy as possible. The idea of assets adding more issues to the process is certainly not a pleasant one. But how much do you actually have to worry about? Will your assets get in the way of an easier divorce?...
Detecting hidden assets during your divorce
The financial repercussions of divorce may disrupt your goals for the future. If you were the spouse who had less involvement in the financial portion of the relationship, things might be even more complicated. At the onset of your split, proactively gain access to...
Getting the property division process right in Louisiana
If you and your spouse are facing divorce, you are probably dreading the upcoming property division process. Knowing what to expect under Louisiana law will save you stress and frustration and help you manage property division smoothly and effectively. Understanding...
Property division in Louisiana divorce
Dividing marital property can be a challenging part of the divorce process. If you live in Louisiana, you and your spouse must split assets and debts equally according to the state's community property laws. Review these Louisiana property division considerations...
What factors really go into a lasting parenting time agreement?
Getting a divorce can be a complicated situation filled with high emotions. To help you and your children cope with the transition, it’s important that you enter co-parenting with a solid plan. Creating a robust parenting plan agreement can benefit both parents and...
The Pros And Cons Of Taking A Custody Case To Court
Issues involving your child and their well-being are always serious. When you get a divorce, custody of your children is usually an issue and these issues can become complicated. Sometimes it’s necessary to take these cases to court and involve attorneys. But how do...
