Cobb County Divorce Law Blog

4 reasons to hire a certified divorce financial analyst

On behalf of Vic Hill of Hill Macdonald, LLC on Wednesday, March 27, 2019.

Marriage is often an effective way to achieve financial freedom. If you are going through a divorce, you may worry about providing for your basic needs. You may also fear losing things for which you worked hard. Either way, you want to divide your marital assets in a way that makes sense.

As you probably know, financial matters are some of the stickiest parts of many divorces. To keep your sanity, you must have a strategy for dealing with money during and after your divorce. Fortunately, you do not have to figure everything out on your own. Here are four reasons you may want to hire a certified divorce financial analyst to help you dissolve your marriage:

Equitable distribution does not guarantee 50/50 split

On behalf of Vic Hill of Hill Macdonald, LLC on Thursday, February 28, 2019.

Divorce can cause tempers to flare and anxiety to set in. After years of working and saving for retirement, you worry that the split will leave you with little foundation.

Georgia is an equitable distribution divorce state, but it does not guarantee that everything from the marriage splits evenly. When considering divorce, especially with more substantial assets, it is a good idea to understand what equitable distribution may mean for your situation.

3 tips on breaking the divorce news to the children

On behalf of Vic Hill of Hill Macdonald, LLC on Wednesday, January 23, 2019.

One of the hardest aspects of divorce is informing the kids. You and your partner might no longer be romantically involved and have been trying to keep up appearances. You may face more challenges when it is time to establish custody, child support, alimony and other issues involving children and their well-being if you wait too long tell them or they find out from someone else.

There is no right or wrong way to bring up the topic of divorce to kids. Here are a few pointers to help you break the divorce news to children.

How to discover hidden assets in a divorce

On behalf of Vic Hill of Hill Macdonald, LLC on Saturday, December 22, 2018.

Georgia is one of the most expensive states to divorce in. In one recent study, Georgia ranked eighth in terms of the most expensive places to divorce.

While it can cost a lot of money to divorce, you hope you will end up with a fair settlement, especially if your spouse makes substantially more money than you do. However, people have ways to hide money and assets so you do not get them in a divorce. Here are a few ways you can be proactive in uncovering hidden assets.

How does divorce mediation work in Georgia

On behalf of Vic Hill of Hill Macdonald, LLC on Monday, December 3, 2018.

Courts and litigants today are increasingly exploring alternatives to traditional litigation in the form of various types of collaborative law. As a reflection of this movement, Georgia courts typically require divorcing couples to attempt mediation before proceeding to litigate.

Knowing what mediation entails can help you get the most out of your sessions. Even if you are ultimately not able to resolve all issues via mediation, the process can help you define your goals and improve communication.

2 reasons to have an iron-clad prenuptial agreement

On behalf of Vic Hill of Hill Macdonald, LLC on Friday, October 26, 2018.

Many people in Georgia who are contemplating marriage do not give much thought to what would happen if their relationships were to end in divorce. Thoughts of dissolution may be unwelcome when you and your future spouse are planning to spend the rest of your lives together. However, when separation becomes the outcome, it can be hard to navigate all of the complex issues that may arise.

Prenuptial agreements mitigate many of the problems couples face in divorce. You do not have to be wealthy or a celebrity to benefit from having a prenuptial agreement. If you have special interests/assets you would like to protect from divorce, consider the following pointers about prenuptial agreements.

Uncovering hidden marital assets in a high-net-worth divorce

On behalf of Vic Hill of Hill Macdonald, LLC on Tuesday, October 2, 2018.

Couples with a high net worth face specific challenges when they go through a divorce. A significant asset portfolio means that oftentimes, assets become the central focus of the divorce proceedings or settlement, which can become heated and acrimonious.

One challenge that can be difficult in a high-asset divorce is if a spouse tries to hide marital assets intended for distribution in the divorce process. However, there are ways to combat this problem and to uncover hidden marital assets in a high-net-worth divorce.

A guide to emotionally preparing for divorce

On behalf of Vic Hill of Hill Macdonald, LLC on Monday, August 27, 2018.

Divorce is an emotionally excruciating process. Perhaps the most difficult aspect about ending your marriage is the painful emotions that come with it. Your emotions may become so overwhelming that you make bad decisions.

While your divorce will be stressful by nature, there are some things you can do to reduce the emotional turmoil. Here are some tips for emotionally preparing yourself for leaving your spouse.

Preparing your finances for divorce

On behalf of Vic Hill of Hill Macdonald, LLC on Friday, July 27, 2018.

Sadly, not all marriages work out. Even if you try counseling, sometimes the only answer is getting a divorce. Not only is splitting up hard on your emotions, but it is messy to untangle your assets and wealth.

Fortunately, you can minimize the impact divorce has on your wallet by getting prepared. Here are some guidelines for getting your finances ready for ending your marriage.

The effect of infidelity on the award of alimony in Georgia

On behalf of Vic Hill of Hill Macdonald, LLC on Monday, July 2, 2018.

If your spouse was engaged in an affair, that may well be the reason that you decided to end your marriage. Will his infidelity affect what you are awarded in alimony?

The court takes many factors into consideration when making a decision on spousal support, and marital misbehavior is one of them.