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Baby boomers’ finances during divorce

Wisconsin individuals who are going through divorce may have concerns regarding their finances after the split. However, this concern is even more acute for older couples. These individuals might worry about their ability to retire after their funds are divided during the divorce process. Another valid concern is how a person will be able to […]

Financial steps to take when going through a divorce

Wisconsin residents who are about to embark on a divorce may not realize how many financial considerations need to be taken into account in the family law proceedings. Wisconsin is a community property state, meaning that assets acquired during marriage must be equally divided between divorcing spouses. These assets may include income that is not […]

Dealing with the financial details of divorce

Wisconsin residents may be interested in a recent article that discusses how an individual’s finances are impacted during a divorce. There are many important issues to discuss with an attorney or finance professional when filing for a divorce, and many couples do not consider all of the variables without guidance. One of the most important […]

Director deals with major divorce

Wisconsin movie fans may be familiar with director Michael Moore and his current divorce, which one source has characterized as “vicious.” Moore and his wife of 23 years, Kathleen Glynn, are undergoing a split. Sources did not name a specific reason for the divorce, but a major point of contention will be Glynn’s use of […]

Pets as property in divorce proceedings

Wisconsin residents who are going through a divorce with pets involved may be wondering what rights they might have regarding the ownership and custody of those pets. According to the law, a pet is a piece of property just like any other possession. However, the way pets are handled in a divorce varies among judges. […]

Legal fees owed by ex-spouse of former Dodgers owner

Wisconsin residents dealing with concerns over property division in their divorce cases may be interested in reading about a June 24 judgment handed down in a case involving former Dodgers owner Frank McCourt and his ex-wife, Jamie McCourt. At the time of the couple’s divorce in 2012, Mrs. McCourt was awarded luxury residences that were […]

Divorce and division of property

Wisconsin residents may be familiar with a major aspect of divorce, the division of real estate. Numerous scenarios can present themselves when a divorce occurs. If a spouse wants to stay in the house and the vacating spouse wants the initial down payment returned, the property can be refinanced to come up with the money. […]

How does community property work during divorce?

Wisconsin is one of a handful of states that observes “community property” law, which is a way for splitting spouses to deal with the tough task of dividing assets during a divorce. So what does community property mean, and how does it work? Community property means that when a married couple splits their marital assets […]

A few things to consider about prenuptial agreements

There was a time — and it wasn’t even that long ago — when prenuptial agreements were considered a taboo subject that few married couples should consider. The contract was seen as a couple thinking about divorce before they even said their vows, and even if it was something they wanted to consider, the general […]

The pet custody problem, and how to solve it

When it comes to divorce, there are many major issues that come into play that the spouses are prepared for. There are also numerous major issues that spouses aren’t prepared for when they deal with a divorce. Somewhere in the middle of these two realms is pet custody, an increasingly prominent divorce issue that can […]