Dividing property during a divorce can be one of the most challenging aspects of the process. Mediation offers a cooperative and cost-effective way to resolve these concerns without the stress of litigation. By preparing in advance, both spouses can approach mediation...
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Division Of Assets
3 solutions for debts in an Arizona divorce
Thanks to the community property statute on the books, asset division in an Arizona divorce can be relatively simple. Spouses typically have to divide their property evenly. Any income earned during the marriage and any assets acquired with that income are subject to...
What happens to retirement savings in an Arizona divorce?
Individuals preparing to file for divorce in Arizona or who were served by their spouses are often quite anxious about the future. Many people don't know what to expect during the property division process. Plenty of misinformation circulates about community property...
Why do many divorcing Arizona couples agree to mediation?
There are two well-known approaches to divorce in Arizona: traditional litigation and mediation. A traditional or "contested" divorce process may be appropriate in situations when spouses have disagreements about their children, their property division or child...
How debt affects property division in Arizona divorces
The process of separating finances can be one of the biggest hurdles for couples preparing for divorce in Arizona. The longer the marriage has lasted, the more intertwined the finances of the spouses will have become. Not only will they share property with each other,...
What if your spouse is giving assets away?
When you ask for a divorce, you can tell that your spouse is not pleased. But they also know that they can’t stop you from getting a divorce if that’s what you want, so they agree to go through the process with you. The problem comes when you notice that your spouse...
Community property laws create incentives to hide marital assets
Divorce laws can be vastly different depending on where you live when you file. Arizona is one of only nine states to adopt community property law as the manner of determining equitable distribution of marital assets and obligations. Under community property rules,...
Dealing with property division in divorce
On the surface, property division in divorce may not seem that difficult. However, complications inevitably surface, especially in contentious divorce situations. During your marriage, you and your spouse built an estate that probably included a comfortable home and...