Art

Art or art collections can be another common, unique asset that comes up during a divorce or separation but can be very difficult to value or divide appropriately.  In most instance, an expert will need to be engaged to determine the value of the piece or collection.  A particular artwork could be something that has

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“DOUBLE DIPPING” IN DIVISION OF A BUSINESS AND IN SPOUSAL MAINTENANCE CALCULATIONS

If you are divorcing and you or your spouse own a business, it is important to be aware of the concept of “double-dipping” as it applies to asset division and spousal maintenance awards. Because Arizona is a community property state, if a business was started – or if the value increased – during a marriage

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IF YOU HAVE RE-FINANCED YOUR HOME AND YOU HAVE A TRUST YOU MUST READ THIS BLOG

While interest rates have risen they are low and many people have re-financed their homes. If you are one of the many that have taken advantage of these great rates and you have a trust included in your estate plan, there is a little extra homework that you should do. I’ve had numerous clients come

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THE QUICK AND SIMPLE WAY TO TRANSFER YOUR VEHICLE UPON DEATH

Many people are unaware that the State of Arizona allows individuals to transfer their motor vehicle outside of probate through a Beneficiary Designation Form. You can only use the form on a vehicle that is owned by one person. A transfer through a Beneficiary Designation allows the beneficiary to inherit the vehicle, subject to any

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CASH FLOW TIGHT? HOW YOU CAN PAY YOUR SPOUSE FOR AN INTEREST IN A BUSINESS

Once a value for the business is established – usually through a business valuation done by a certified business evaluator or expert which we will discuss in more detail in a later blog in this two month series – we can find creative ways to pay your spouse for that interest without you necessarily having

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OMG I’M GETTING A DIVORCE – WHAT’S GOING TO HAPPEN TO MY BUSINESS?

So, you’re getting divorced and you are self-employed in your own professional practice, company, or perhaps a family business. At some point, a panic will set in… What is going to happen to my business? Will I have to sell it? Will I have my Ex as a partner even after the divorce? Will I

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