Posted By Hollingsworth & Zivitz Attorneys at Law
In just about every marriage in America, the two spouses decide to share one joint bank account that controls and holds the finances of their family. It is a convenient way to take some guesswork out of monthly budgeting, so it certainly has its advantages. But few married couples consider how disadvantageous and inconvenient a shared bank account becomes once the marriage comes to an end and ...
Posted By Hollingsworth & Zivitz, Attorneys at Law
Marital assets – property earned while you are married – will be divided during a divorce. This is generally considered common knowledge, and most people imagine dividing ownership over homes, automobiles, furnishings, and so on. What does not cross too many peoples’ minds is how a divorce can divide pension accounts between spouses. Your first reaction might be one of disbelief. ...