Financial Considerations
A divorce settlement or a judgment is a permanent,
life-changing event. Decisions you make today can have great implications on
your life ten years from now or even when you are getting ready for retirement.
Just as a supposedly even 50/50 split is not always equal when considering time
with children, a 50/50 split is not always equal when considering dividing
assets. If all of your assets are in
cash, then a split down the middle would be easy, but that is almost never the
case. A $300,000 home is not equal to
$300,000 in cash. On one hand, the house usually comes with other expenses such
as utilities and maintenance, not to mention the mortgage payment. And a house
in ten years could be worth more or less than the same original amount of cash.
The Gathings Law Divorce Attorneys will work with you to find the right mix of
assets that works best for you today and into the future.
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