On Behalf of The Law Offices of Abbott & Abbott, P.C. | Aug 10, 2017 | Firm News, Property Division
Georgia has a relatively high divorce rate, compared to other states in the country. According to recent data, there are approximately 11 divorces for every 1,000 residents. There is much for a divorcing couple to determine throughout the divorcing process. One of the...
On Behalf of The Law Offices of Abbott & Abbott, P.C. | May 13, 2017 | Firm News, Property Division
If you are going through a divorce and splitting everything from your bank account to time with your children down the middle, it is important that you are aware of all the joint marital property and who has access to it. On top of all the emotional stress associated...
On Behalf of The Law Offices of Abbott & Abbott, P.C. | Mar 17, 2017 | Firm News, Property Division
When it comes to divorce, couples face two major property division issues. The first is deciding which property belongs to the couple and therefore must get divided. The second is the actual division of the marital property. Marital vs. separate property Most couples...
On Behalf of The Law Offices of Abbott & Abbott, P.C. | Apr 22, 2016 | Firm News, Property Division
Most people say the worst part of getting a divorce is dividing assets and debts. Because of heightened emotions and hurt feelings, most people are typically worried about how much their spouse will get and whether they are getting a fair deal or not. But for people...
On Behalf of The Law Offices of Abbott & Abbott, P.C. | Sep 17, 2015 | Firm News, Property Division
In Georgia and other states, divorcing spouses are generally expected to refrain from selling property or other assets until the divorce proceedings are over. However, a divorcing husband sold a Brooklyn property, and on Sept. 10, he urged the New York Court of...
On Behalf of The Law Offices of Abbott & Abbott, P.C. | May 1, 2015 | Firm News, Property Division
When two people in Georgia are married, their financial lives are inevitably intertwined. If they subsequently divorce, all of the marital assets that belong to both spouses must be divided in a way that the court deems equitable. Although a court will do its best to...
On Behalf of The Law Offices of Abbott & Abbott, P.C. | Mar 10, 2015 | Firm News, Property Division
Georgia residents who are artists may be surprised to learn that any pieces they have, whether in storage, hanging on a wall or on consignment in a gallery, are considered marital property and are eligible for property division during a divorce. Additionally, any...
On Behalf of The Law Offices of Abbott & Abbott, P.C. | Feb 6, 2015 | Firm News, Property Division
Couples in Georgia who are divorcing often need to work out issues regarding the division of their assets and debts, and they may also need to consider how this will affect their credit reports. Individuals should make certain that they close any joint accounts shared...
On Behalf of The Law Offices of Abbott & Abbott, P.C. | Jan 21, 2015 | Firm News, Property Division
Georgia families may recognize that custody can be a serious issue during a divorce, and pet custody is becoming a common issue for those facing divorce across the country. As battles reach the court room, many are recognizing that a pet is an important part of a...
On Behalf of The Law Offices of Abbott & Abbott, P.C. | Dec 22, 2014 | Firm News, Property Division
Georgia property owners who are going through a divorce may wonder how the property will be divided between the two former partners. Even if one spouse is award a house that was owned jointly in the divorce decree, both names will still be on the loan unless the owner...