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...
Divorce
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...
5 property division steps you can take before a divorce
Divorce is rarely stress-free. However, people in Louisiana can take proactive steps to navigate the complexities of property division before divorce. By being strategic and well-prepared, you can potentially ease the strain of separating marital assets. 1. Document...
4 ways to preserve your parental relationship
Maintaining a strong and healthy bond with your child during a contested divorce is important. The turbulent times of divorce can strain the parent-child relationship, but with mindful strategies, you can protect and nurture this connection. 1. Open and honest...
Louisiana marital property and its division in divorce
In Louisiana, marital property generally includes assets and debts the spouses acquire during the course of the marriage. A key principle to grasp is the concept of "community property." Louisiana is one of only nine states that adheres to this system when it comes to...
What Happens When Your Spouse Is Hiding Assets In Your Divorce?
Divorce is a complicated and potentially contentious affair, but most individuals undergoing a marital split simply wish to walk away with their fair share of assets. If your spouse maliciously tries to hide assets during your divorce, though, the result may be...
4 Main Factors Used In Child Custody Determinations In Louisiana
Child custody cases represent some of the most sensitive legal issues. In Louisiana, as in other states, the courts prioritize the best interests of the child when making custody decisions. Understanding the four main factors a judge considers can help parents...