In Louisiana, community property is the term for shared marital property. Community property includes most of the assets and debts that spouses acquire during their marriage. Under Louisiana's community property system both spouses equally share the ownership of...
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The impact of adultery on divorce in Louisiana
Adultery can have a significant impact on married individuals affected by the adulterer's actions. In many cases, this can directly affect the outcomes of divorce proceedings in Louisiana. Since Louisiana is a community property state, the results of asset division...
The effect of child custody arrangements on child support
The main thing that determines child custody arrangements is the best interests of the child. Other factors include the child's age, health, emotional ties with each parent, and each parent's ability to provide for the child's needs. Aside from these, parents need to...
What are the tax implications of property settlements in divorce?
High-asset divorces in Louisiana can be complex, especially when it comes to the tax implications of property settlements. Understanding these tax consequences helps ensure a fair and equitable division of assets. Community property laws Louisiana is a community...
What factors do judges consider when determining child custody?
It is often difficult to navigate the emotional turmoil during child custody disputes. However, it is important to get these arrangements right for the benefit of the children. With that in mind, family court judges consider key factors before arriving at a decision....
How do Louisiana courts divide large assets in a divorce?
Divorce often brings concerns about dividing property. This is especially true for couples with substantial assets, including businesses, real property or retirement savings. The division of these assets can significantly impact each person’s financial future....
Understanding child support modification
Child support plays a key role in ensuring the well-being of children after a divorce or separation. However, circumstances can change over time, leading to the need for child support modifications. If you owe or receive child support, it is important to understand...
What steps should you take before filing for divorce?
Deciding to end your marriage is difficult, but the process becomes more challenging if you do not take steps to prepare first. The more preparation you do in advance, the easier it is to navigate the process with comprehensive documentation. There are several things...
Navigating the financial landscape of gray divorce
When divorce occurs later in life, the financial repercussions can be significant. Gray divorce is a unique situation that introduces a set of financial considerations that differ from those of younger couples. Division of assets When couples decide to part ways later...