In this piece, we’ll continue examining common pitfalls you can fall into over the course of a divorce. We’ve mentioned before that overlooking assets, failing to fight to keep the house and having a budget can go a long way in saving yourself major headaches when a marriage termination occurs. What else can you do? Planning can make a big... Read More
Divorce is difficult, that much is obvious. Besides the heartbreak, a divorce can do major damage to your credit if you neglect to take proper precautions. Even if matters of finance may seem trivial during the process, it will save you major headaches down the road if you keep a few things in mind. Divorce doesn’t have to be draining.... Read More
Summer is officially over and for those wanting to wait until the kids are back in school to file for divorce, it may be a good time to start thinking about your strategy. No need to fret, as you are not alone. An estimated 40% of all marriages in the United States end in divorce and in 2011, there were... Read More
A divorce can be filled with tension and emotion, making the process very difficult. Both parties usually seek the best imaginable outcome and hope that the divorce is finalized as soon as possible. Barrera, Sanchez & Associates, P.C. understands these can be hard times, but what steps should you take to ensure a smooth and easy divorce process? Define Your... Read More
It isn’t unusual for individuals to seek asset protection in the form of a prenuptial agreement before saying, “I do.” However, prenups may not entirely be reliable if the marriage comes to an end as they are often contested, and the fees involved in a contested prenup can be costly. A Domestic Asset Protection Trust (DAPT) is a viable option... Read More
Tensions can run high during divorce proceedings. It isn’t uncommon for soon-to-be ex-spouses to dish out their grievances on each other, making the process more difficult than it needs to be. When estranged spouses are motivated by their desire to achieve a more favorable divorce outcome, they aren’t afraid to pull out all the stops. If divorce is on your... Read More
These days, many couples have obtained a secondary education and, as a result, have accumulated substantial debt from student loans. What these couples fail to realize is that educational debt makes marriage tougher for some, and it can lead to some surprises for those who decide to divorce. Young couples, in particular, are more likely to encounter these problems. Legal... Read More
The largest misconception most Americans have regarding divorce is it being entirely hostile and confrontational. It’s assumed that such a process involves anger and resentment between spouses when negotiating alimony, asset division and child custody. That image, however, is changing due to the fact that more and more couples wanting to end their marriage are turning to a collaborative divorce.... Read More
The recent economic downturn has had a major impact on the national divorce rate, but not in the way you might expect. Financial hardships have often been cited as one of the most common reasons that couples opt for divorce. However, a recent study released by the Population Research and Policy Review debunks that notion by showing a significant drop... Read More
Organizing your finances is a complicated task most divorcing couples often struggle with when trying to reach an amicable settlement. There are certain factors which are often overlooked and require heavy consideration, such as the cost of future living and taxation issues. Your attorney can help you through this difficult time by exploring methods which can ease your expenses and... Read More