On behalf of Terri Herron Law | Jun 25, 2020 | Divorce, Property Division Issues
In Georgia, courts divide property and assets on an equitable basis. In other words, they attempt to distribute your property fairly. That includes all property classified as marital property. Separate property—like gifts or inheritances—does not go through the...
On behalf of Terri Herron Law | Jun 5, 2020 | Property Division Issues
You may have settled on a decision with your spouse to buy the marital home as part of your upcoming divorce settlement. This allows you to hold on to the home you have lived in during the marriage and enables your spouse to start over elsewhere. To come up with an...
On behalf of Terri Herron Law | Jan 24, 2020 | Property Division Issues
You and your spouse have become different people from the ones you were at your wedding. Your circumstances are different, too, and now that you are facing divorce, perhaps that premarital agreement the two of you signed does not seem like a fair contract. Although we...
On behalf of Terri Herron Law | Jun 20, 2019 | Property Division Issues
High levels of student loan debt are causing financial difficulties for college graduates in Georgia and throughout the country, and going through a divorce makes this kind of debt even more challenging. Any debt acquired before marriage remains the sole...
On behalf of Terri Herron Law | Apr 1, 2019 | Property Division Issues
Georgia residents who follow country music may be aware that Natalia Maines, who is best known for being a member of the Grammy Award-winning Dixie Chicks, and her actor husband Adrian Pasdar have decided to divorce after 17 years of marriage. Maines filed the papers...
On behalf of Terri Herron Law | Nov 14, 2018 | Property Division Issues
The family home is usually the most valuable asset that a divorcing couple owns. Therefore, deciding whether or not it should be sold is often a contentious issue during property division negotiations. Spouses in Georgia may choose to give up their rights to ownership...
On behalf of Terri Herron Law | Sep 26, 2018 | Property Division Issues
The divorce rate in Georgia is among the highest in the United States; according to statistics compiled by the Census Bureau, the divorce demographics of the Peach State can be as high as 18.9 percent in cities such as Atlanta. The main reasons for legal separations...
On behalf of Terri Herron Law | Jul 25, 2018 | Property Division Issues
Getting a prenuptial agreement is becoming increasingly popular among millennials in Georgia and across the U.S. A survey of attorneys that was completed by the American Academy of Matrimonial Lawyers found that more than half of the respondents reported that they had...
On behalf of Terri Herron Law | Jun 1, 2018 | Property Division Issues
Georgia residents who are planning on getting married might consider adding a prenup to their list of things to do before the wedding. While the common misconception is that prenups are for rich people only, the reality is that these documents can work for all types...
On behalf of Terri Herron Law | May 16, 2018 | Property Division Issues
Parents in some wealthy Georgia families might want their children to draw up prenuptial agreements when they marry. However, children may not always agree with this action. Therefore, it is best if people have this conversation with their children when they are young...
