When a marriage ends, dividing a family business can be one of the most complex aspects of divorce. This shared enterprise represents both financial assets and a legacy of hard work that requires careful handling. Dividing a family-run company requires careful...
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Property Division
Valuing and dividing property fairly in a high-asset divorce
On Behalf of Hill Macdonald, LLC | Feb 28, 2025 | Property Division
Divorcing can feel like dismantling a life you carefully built, and dividing assets can be the physical manifestation of this emotional process. For affluent couples in Georgia, asset division becomes even more intricate due to the high value of property and the...
Holding a spouse accountable for dissipating marital assets
On Behalf of Hill Macdonald, LLC | May 1, 2024 | Property Division
Divorce has the potential to bring out the absolute worst behavior in some individuals. People become angry about the end of the marriage even if they want to divorce. They resent the idea of sharing resources or parenting time with their spouse. They want to secure...
Divorcing in Georgia? 3 potentially complex marital assets to consider
On Behalf of Hill Macdonald, LLC | Apr 20, 2024 | Property Division
Divorce is a complex process. Dividing marital assets fairly, for example, is rarely a walk in the park. Georgia adheres to an equitable division standard, meaning assets acquired during a marriage are split based on what's fair, not necessarily a 50/50 split, in the...
Who keeps a 401(k) in a Georgia divorce?
On Behalf of Hill Macdonald, LLC | Jan 23, 2024 | Property Division
Those contemplating divorce in Georgia often have reason to worry about their finances and future opportunities. Divorce not only costs money but also typically affects the assets that someone holds. Those who have saved for retirement during their marriages may worry...
Divorce: Asset transfers and capital gains taxes
On Behalf of Hill Macdonald, LLC | Nov 16, 2023 | Property Division
Dividing property and other assets during divorce can be a highly emotional process. However, it’s crucial to be smart about it. That means looking at the long-term financial and tax impacts of keeping an asset, letting your spouse have it or agreeing to sell it and...
How stock options can complicate a Georgia divorce
On Behalf of Hill Macdonald, LLC | Oct 25, 2023 | Property Division
Property division is frequently the most challenging aspect of divorce. Not every couple has children, but almost all married couples share some resources or debts. Negotiating an equitable or fair way to split property and resolve financial obligations is often a...
3 behaviors that may constitute the dissipation of marital assets
On Behalf of Hill Macdonald, LLC | Jun 21, 2023 | Property Division
Property division matters often inspire intense disputes between divorcing spouses. In fact, some people will break the law and engage in clearly unethical conduct in their desire to alter the outcome of property division proceedings in a Georgia divorce. Some people...
Holding your ex accountable for wasteful spending on an affair
On Behalf of Hill Macdonald, LLC | Jul 6, 2022 | Property Division
Cheating requires a lot of personal investment. If someone wants to conduct an extramarital affair, they will need to woo someone else and hide their actions from their spouse. Those in high-asset marriages often have the necessary time and resources to commit...
Who gets the family pet in a Georgia divorce?
On Behalf of Hill Macdonald, LLC | Dec 22, 2020 | Property Division
In many households, pets become family members. Yours is likely no exception, and it may include a dog, cat or other animal that you, your spouse and your children have developed strong bonds with. Yet, you and your spouse might have decided to get divorced. If you...
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