Child custody arrangements in Georgia have to address two specific areas that form the basis of a parenting situation post-split. These are legal and physical custody, both of which govern specific decisions related to a child’s life. Legal custody pertains to the...
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3 things to pay keen attention to during a high-asset divorce
On Behalf of Hill Macdonald, LLC | Feb 11, 2024 | Divorce
When it comes to divorce, if substantial wealth and assets are involved, the stakes are generally higher for both spouses than they are during “average” divorces. Unlike typical divorces, where assets may be limited to a family home, vehicles and savings, high-asset...
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 reasons people may choose to change lawyers during a divorce
On Behalf of Hill Macdonald, LLC | Sep 18, 2023 | Divorce
Most divorces, particularly those involving contested custody matters or sizable assets, necessitate legal representation. Those preparing for divorce seek legal assistance to better ensure a favorable outcome. Their attorney can handle paperwork, negotiations and...
Weaponized domestic allegations and divorce: What to know
On Behalf of Hill Macdonald, LLC | Aug 14, 2023 | Divorce
There’s no question that domestic violence is a very real issue in many marriages. However, it’s also true that allegations of domestic violence are sometimes used as a weapon in divorces. Weaponized domestic violence allegations refer to the manipulation of the court...
Why art collections can be problematic during divorce
On Behalf of Hill Macdonald, LLC | Aug 4, 2023 | Divorce
One of the most complicated parts of a divorce case involves dividing the assets that the couple owns. The things that they have accumulated during their marriage are generally going to count as marital assets, while items from before the marriage began will generally...
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...
The 2 most pressing challenges couples face during gray divorce
On Behalf of Hill Macdonald, LLC | May 15, 2023 | Divorce
When couples who have remained married for years and who are over the age of 50 decide to divorce, the situation may be referred to as a gray divorce. In a legal sense, a gray divorce is essentially the same as any other marital dissolution. The same laws apply...
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