How do deferred compensation accounts, 401k, and retirement benefits get divided during a divorce?
The court will split these 50/50 if it was all acquired during the marriage. There is no penalty to divide and the money is not removed from the accounts. After the division, each party is subject to IRS rules for prematurely withdrawing the money. One spouse cannot create a tax liability for the other spouse….
What is an Affidavit of Financial Information?
Every case with children must have a document filed called an Affidavit of Financial Information, to be filled out by both parents and notarized. Read all the fine print on this document. It requires you to attach the last three (3) years of taxes and at least six (6) months of pay stubs. (Please remember…
What Would Happen to Mr. Zuckerberg in Arizona Without A Pre-nup?
What if he had no pre-nup? Does his wife now own part of Facebook? For starters, Arizona is a community property state and that means that all property acquired during marriage is presumed to be “community” property which means it is owned equally. But there is also the concept of sole and separate property which…
Demi Moore and Divorce Health
If you are going through a divorce, it is important to take good care of yourself. If you allow yourself to get sick and depressed, you are not going to be able to think clearly and make good decisions for yourself. So, think about the basics that you already know…get plenty of sleep, exercise, eat…
Who Gets the Dog in a Divorce in Arizona?
This is a question that many people ask when getting a divorce in Arizona. Pets are a part of many people’s families.? And society as a whole has become more accepting of the pet’s position in the family?over the past several years.? More and more public places have become “pet friendly” to accomodate America’s love…
Dangers of Facebook and Divorce – Don’t Air Your Dirty Laundry Online!
For most, Facebook is an innocent fun way to connect with friends and family, or a way to try to connect with old childhood friends.? But for an individual going through a divorce, social media such as Facebook can be a dangerous, and costly tool.? For divorce attorneys, sites such as Facebook have provided a…
Do You Have To Move Out Of Your House During Divorce?
Your husband wants a divorce and tells you to get out of the house. You wife is angry and tells you to move out, she is getting a divorce. What do you do? This is often the way divorces begin and it is unfortunate. In Arizona, a house that was purchased during the marriage is…
Hollywood Marriages vs. Long Term Marriage and the Effect on Spousal Maintenance
In a time when most Hollywood couples are getting married and divorced within the same year, and most everyday couples find it difficult to stay together as well, the term “long-term” marriage is becoming more and more obsolete.? The length or term of a couple’s marriage is one of several factors a Judge will look…
Lawyers Cost Too Much!
Yes, attorneys are very expensive and oftentimes very necessary. But you may not need to retain counsel in your particular situation but you have a few legal questions and need some help. At the Best Law Firm, we offer services just for you. We can provide an in office consultation, we can help you draft…
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Scottsdale, Arizona 85253
