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Posts tagged "Equitable Distribution"

Divorce? 30 - 45 with kids and unhappily married.

You may feel that you are not in a good place and believe that a Rhode Island Divorce is in your future. You and your spouse may be arguing and the love that brought you together may have left the relationship. Emotions run high and unhappiness creeps into the rest of your life.

R.I. Divorce and the need for Financial Documents

Rhode Island divorces have many similarities. They all concern the following major issues: children, assets/debts, support, health and life insurance.

Do You Have to Split Pre-Marital Asserts?

In a Rhode Island Divorce, marital assets are equitably divided. So are marital debts. Marital assets are those acquired during the marriage and it does not matter if the asset is in joint names or only the name of one of the parties.

The 411 on property division during a divorce

One of the most expensive and valuable pieces of jewelry an individual will have in his or her lifetime is a wedding ring. A married couple will accumulate many assets over the course of their marriage. However, in the event of a divorce, the division of property can be one of the most complicated and challenging tasks the couple will face.

Dealing with finances in divorce

Rhode Island residents, like the rest of society have probably been to a Best Buy at least once in their lives. Not many of those individuals would think they have much in common with the CEO of the company. Divorce is a family law issue that does not discriminate against individuals based on their race, socioeconomic status, gender or sexual orientation.

RI Divorce: 3 things to learn from a tax return

When getting a divorce, I often hear from one party that he/she does not know anything about household finances or what accounts the other person owns.  A joint federal income tax return can provide some information.

In Divorce, How Assets are Titled is a Minor Factor

More and more Rhode Island divorce and mediation clients arrive with the statements regarding their bank accounts, retirement accounts and believe that since the account is in his or her sole name, that it is not a "marital" asset. Unfortunately, unless there is a prenuptial agreement in place with appropriate provisions, I need to discuss with them the nature of divorce law in Rhode Island.

"Nip/Tuck" star will pay half his royalties in divorce settlement

Rhode Island residents who are divorcing are probably wondering how their split will affect their finances. Unfortunately, divorce had a negative impact on the financial situation of former "Nip/Tuck" star Dylan Walsh. His split is going to cost him approximately half of all of his assets, including money made from the show "Nip/Tuck." The divorce between Walsh and his actress ex-wife was finalized last week, and according to the divorce documents, Walsh has agreed to pay his ex-wife half of his royalties from the show along with royalties from a couple of his movies.

The Promise of Mediation

Mediation of a divorce or other dispute can achieve results that seemed impossible to the disputing parties. Great mediators, being impartial, bring open minds, experience and patience to the quarrels large and small. This story, taken from William Ury, an author of "Getting to Yes" wonderfully demonstrates the promise of mediation:

RI Division of Taxation to Same-Sex Couples

What is the status in Rhode Island for same-sex couples who have been lawfully married in another state or who are partners of a Rhode Island civil union? The R.I. Division of Taxation has clarified its position regrding same sex couples on September 21, 2012.

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