Undergoing a divorce is quite painful emotionally, but there are practical aspects too that you have to manage, such as division of your or your spouse’s assets. Asset division laws are not straightforward and there can be cases where particular assets are given to one party, whereas in others they might be shared equally or in some other proportion between the two. [Read more…]
Is Your Inheritance Threatened If Your Spouse Files for Bankruptcy?
Asset protection can be a complicated financial and legal process whether you are married, separated or seeking divorce. It is important to be aware of the possible legal implications in case of a spouse filing for bankruptcy, while the other is due to receive an inheritance. [Read more…]