Cryptocurrency emerged as a new form of asset in 2009 with the development of Bitcoin. This digital currency often creates difficulties during divorces. Cryptocurrency by its design can be hard to trace, which forms an opportunity for a spouse in Arizona to hide the...
High-Asset Divorce
Some spouses are not forthcoming about marital assets
Individuals going through a divorce in Arizona may be missing out on information that could impact the financial outcome of their divorce. It has long been the stereotype that it is the man who is interested in hiding financial assets away from his wife in a divorce....
Hiding assets in divorce is illegal. Do you suspect your spouse?
The decision to divorce is a personal issue that typically doesn't come lightly. If you have decided to sever marital ties in court, you likely understood ahead of time that you would have to resolve certain matters pertaining to property division and, perhaps, child...
Separate bank accounts offer little protection in a divorce
Opening a joint bank account was once something couples did as a matter of course shortly after getting married, but almost one in three married millennial couples in Arizona and around the country prefer to keep their money in separate accounts. Young people often do...
How divorce can affect small business owners
Small business owners in Arizona who get a divorce may face a number of complex financial issues. The business may be the biggest asset the couple has. In some small businesses, it can be difficult to separate business and personal expenses, but this is necessary in...
Life and health insurance in a divorce
Arizona couples who are getting a divorce should make sure they do not neglect insurance issues. First, if one person is covered under the other person's employer-sponsored health insurance, it might be necessary to seek a new plan. While it is possible to extend...
Make financially beneficial decisions during divorce
Arizona residents going through divorce know that negotiating financial issues can be challenging. Because of the emotions that are involved in separating from a spouse, determining what to do with the family home, dealing with pressure from family members and...
Dixie Chicks lead singer in prenuptial agreement fight
Arizona fans of the Dixie Chicks may not be aware of the personal drama going on behind the scenes involving the band's lead singer, Natalie Maines. The singer is in a contentious divorce with actor Adrian Pasdar. The singer wants the prenuptial agreement that was...
High-asset divorce and expert witnesses
Depending on the details, different divorces in Arizona require different strategies. Some high-asset separations may require going to court and seeking witnesses. These individuals are often deemed "experts" who can provide important testimony on a contested issue....
Addressing unique challenges involving cryptocurrency and divorce
Dividing assets during the divorce process is something that most Arizona family law attorneys deal with on a regular basis. However, they are facing a new issue. Cryptocurrency assets are presenting two specific challenges that throw a wrinkle into the equation...