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...
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Property Division
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...
The different methods of business valuation
On Behalf of Hill Macdonald, LLC | Oct 12, 2020 | Property Division
At the end of a long-term marriage, couples will likely have to work through the division of numerous complex assets and debts. From homes and vehicles to retirement plans and bank accounts, it is not uncommon for couples to amass several assets and liabilities. One...
What will happen if your spouse dissipates marital assets?
On Behalf of Hill Macdonald, LLC | Sep 17, 2020 | Property Division
If you and your spouse are divorcing on bad terms, you will likely worry they will make your life difficult during proceedings. You two may have significant marital property, and while you will leave it alone, they might have plans to dissipate it. Whether or not your...
Getting a divorce? Don’t get saddled with your spouse’s debt.
On Behalf of Hill Macdonald, LLC | Apr 23, 2020 | Divorce, Property Division
From the stress of weathering unemployment to disagreements about how money is to be spent, financial stress is one of the most common reasons for divorce. That stress may not end with your marriage, though. If your spouse has been racking up debts, you may end up...
Hiding assets may have serious consequences
On Behalf of Hill Macdonald, LLC | Jan 14, 2020 | Property Division
Divorce can be hard on anyone. After all, if you have decided to end your marriage, you are apt to face a variety of emotions. You also may have uncertainty about your financial future. Fortunately, if you and your spouse have marital property, you are likely to have...
4 reasons to hire a certified divorce financial analyst
On Behalf of Hill Macdonald, LLC | Mar 27, 2019 | Property Division
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...
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