Louisiana couples planning to marry rarely consider what will happen if the marriage ends in divorce. Thinking about this possibility is unromantic and may seem impractical, but in reality, it can be prudent to do so.
If you are preparing to walk down the aisle, it is smart to think about the benefits of a prenuptial agreement.
In Louisiana and throughout the nation, the court tries to keep the best interests of all parties involved in mind when making property division decisions during any divorce.
Every state's divorce laws are different, so it's a good idea to seek clarification of the laws in your state before entering litigation. If you're unsure about a particular issue, don't be afraid to ask someone who can lead you to the answers.
Are you the type of person who quickly rebounds from negative situations, keeps your eyes on the future and never looks back? Perhaps, you are among those whose emotions are a driving force, which sometimes causes lingering sadness when things go wrong, causing you to take a longer time than most to recover.
A key to avoiding long-lasting consequences to upsetting situations, such as divorce or custody proceedings, is to build a strong support network to help you address various issues as they arise.
When a Louisiana judge handed down a decree regarding your divorce, child custody and child support, the court undoubtedly told you that you are legally obligated to adhere to all terms contained therein. You had no problem with that since your main concern in your divorce was to make sure all new arrangements centered on your children's best interests. You were also glad to help financially support them as they move forward in life.
You were making payments on time until you unexpectedly received a decrease in pay at work. Your boss mentioned something about cutting costs and everyone taking a hit for the team so the company won't have to close its doors, but the only thing on your mind at the time was how your new, lower income may not be enough to cover your current child support payments.
Ending a marriage can be a trying and stressful time for both parties. If you are seeking a divorce, you may be wondering if there are ways to avoid a courtroom battle. Perhaps you want to get through the breakup faster or avoid some of the costs associated with a litigated divorce.
In order to end a marriage, a lawsuit must be filed. To avoid court fees and still resolve divorce disputes, people often look to other methods. Many times, an outside party can help individuals who aren't able to come to their own agreements for their divorce.
When couples are preparing to walk down the aisle, they are likely not thinking about the possibility that the marriage may someday end in divorce. However, there is great benefit in considering this possibility in the future and putting certain protections in place.
If you are getting married, you would be prudent to consider the benefit of having a prenuptial agreement. This is a legal agreement that could protect your financial interests and property in case of a divorce. The thought of drafting a prenuptial agreement may not seem romantic, but it can save you a significant amount of time, stress and money in case you divorce. It is a simple way to shield yourself in case of a contingency.
Like most good Louisiana parents, you want what is best for your children. That's why, when you told them you were getting divorced, you also assured them of your support and that you'd do whatever you could to help them adapt to their new lifestyle.
You knew from talking to friends who had trod similar paths before you that children need to know their parents don't blame them for their divorces, so you told your kids it wasn't their fault and reminded them that you love them.
If you think back over the past five years, you can probably list numerous changes that have taken place in your family.
Perhaps a son or daughter got married or divorced. Maybe you and your spouse moved to another state or decided to purchase a vacation home. Even if you and your loved ones carried on without a major alteration, you must agree that the national climate has changed, especially laws regarding taxes.
As your small business grows, you may be proud of the level of trust you have earned with your clients and customers. Not only does each interaction provide you with an opportunity to prove that trust, but it may allow you to build your reputation as a reliable business owner whose product or service is second to none.
Owning your own home provides you with several benefits and challenges throughout the time you own it. As you take care of your landscaping, maybe renovate the kitchen or otherwise make it your own, you may want to stop to think what will happen to it after your death.
The reality is that most people here in Louisiana are just like those around the rest of the country - they don't have estate plans in place to handle the distribution of all of their assets, including their homes. Dying without at least a will means that state law dictates where your assets go.
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