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Divorce

How Retirement Benefits are Divided in a Divorce: Arizona Community Property Laws

What does “Community Property” mean? In the state of Arizona, all assets acquired during the marriage, by either spouse, are presumed to be community property.  “During the marriage” is defined as the period from the date of marriage to the date of service, or the date a spouse is served with a Petition for Dissolution …

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How to Ensure your QDRO is Drafted Properly, Will Be Accepted, and is Enforceable

During a Divorce or Legal Separation, one of the major tasks at hand is to divide the parties’ assets—those may include assets such as residential or commercial real estate, businesses, personal property, financial assets, and so on.  In the state of Arizona, all assets acquired during the marriage is presumed to be community property and …

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What is a Qualified Domestic Relations Order and why do I need one?

If you’re going through a divorce or legal separation, and you and/or your spouse have retirement accounts, you’ll likely hear something from the court or your attorney about a Qualified Domestic Relations Order, more commonly known as a QDRO. QDROs are the orders that direct the parties and the Plan Administrator(s) of their retirement account(s) …

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Divorce Mediation: Negotiating the Terms of Your Divorce Decree

Using divorce mediation, as opposed to litigating in court, will allow you and your soon-to-be ex-spouse more control over what is included in your final divorce decree. Your mediator will act as a neutral third party to assist you both in reaching agreements regarding matters such as the division of assets and debts, spousal maintenance …

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Everything You Should Know About High Net-Worth Divorce in Arizona

Each divorce case is unique depending on the couple, their situation, and more. High net-worth divorce, otherwise known as high asset divorce, are different from other standard cases. Such divorces involve more than 1 million USD in liquid assets. They involve much more substantial and usually much more complex property and assets that need to …

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