Jump to Navigation

Williamson County Divorce Law Blog

Controlling emotions after a divorce helps avoid a financial mess

Divorce is admittedly a very difficult time for all involved. Tennessee spouses typically feel a range of emotions, such as anger, depression, hurt, desperation, pain and relief when it's over. However, it is important to keep these emotions under control to keep financial decisions rational and to the point. People who typically emerge unscathed by divorce are those who do not make decisions regarding money matters in a rush. They judiciously consider all property division matters.

The first way to avoid emotional spending is to stay away from vanity purchases. While divorce is a difficult time, the urge to splurge and pamper oneself to feel good after a divorce only leads to a pile of debt, which always feels bad. So an important point is to consider if you really need what you're buying.

Handling property matters in high asset divorce cases

In a divorce, one spouse may be better prepared to handle the situation than the other. And if that individual is the one who is the richer of the two, that person may try to shield assets and bring down the person's estimated value of the family fortune. This is done to avoid equitable property division. This is true everywhere in the U.S., including Tennessee.

Just as divorce is impending, this spouse will typically stash away assets and cash. The other spouse may feel the need for a treasure map to locate these buried assets. Sometimes professionals and experts are brought in to catalogue and locate family wealth and to put a value on assets. These professionals will hunt out anomalies, such as unlikely cases of title transfers and seemingly extraordinary transactions between entities.

Discrepancy in alimony reported and tax deduction

Tennessee residents would agree that divorce is not just about two people moving apart but has financial implications as well, including payments of child support, spousal support and property division among others.

Spousal support or alimony is the payment that one spouse makes to another. The spouse who is paying alimony can claim tax deductions. In 2010, 567,887 individuals claimed tax deductions from alimony, with the amount exceeding $10 billion dollars. On the other hand, individuals who receive alimony must show it in tax return as income received. The Treasury Inspector General for Tax Administration, has begun audits to find and rectify any inconsistencies between incomes, and tax returns reported and alimony deductions claimed.

Experienced lawyer can help couples agree on child custody plans

As in some other states, before a divorce in Tennessee can be finalized, spouses are required to come up with a parenting plan. The plan should specify which parent will take custody of any minor children the couple have as well as a visitation plan for the noncustodial parent so that he or she can maintain regular contact with the children. If a couple is unable to come up with effective parenting and visitation plans, a court will make and implement a child custody plan that it determines to be in the best interests of the children.

Unfortunately, when a court makes this decision, the results are not always well received by at least one parent, and arguments over what constitutes a fair custody arrangement often follow. These disputes can be traumatizing to children, especially when kids are asked by their parents to choose sides. To avoid these disputes and their long-term effects, the parents would be better off consulting an experienced attorney who can help them work out an effective child custody plan. Experienced attorneys work to meet their client's goals and ensure that the children's best interests are met.

Western Tennessee event spotlights domestic violence

In recent years, the issue of violence against wives and domestic partners has become a major cause of concern for authorities all across the country, including Tennessee. Women in particular have been subjected to various degrees of abuse and violence - psychological, physical and sexual - from intimate partners and spouses they are supposed to love and trust. Awareness to end this violence has slowly been increasing on the part of women who have been victimized, say advocates and federal, state and local law enforcement authorities.

Recently in western Tennessee, a flash mob sought to highlight the problem for the general public. Volunteers in several counties took to local streets to dance and sing along to the popular song "Break the Chain." Sponsored by the Wo/Men's Resource and Rape Assistance Program, the program saw an excellent turnout with people from many backgrounds participating in the drive to end domestic violence.

When Tennessee parents want to relocate with their children

Child custodial issues may sometimes seem to be one of the most contentious and tenuous legal proceedings in the state of Tennessee. Issues relating to child custody may be exacerbated in cases where one of the biological parents, especially the one with visitation rights, decides to relocate to a different state.

Tennessee law dictates that any biological parent who plans on relocating from the state or even 100 miles from the other biological parent needs to send a notice to the other parent informing of the relocation plans. The notice must be sent by certified or registered mail with advanced notice of no less than 60 days from the intended relocation.

How separate property can be beneficial in the event of divorce

Residents of Williamson County, Tennessee, would agree that property division between a couple in the event of a divorce can financially impact a person. It is important to know how to keep your separate property separate from marital property, so that it does not become part of property division in the event of a divorce. There are various options a person can choose from.

One option is to sign a prenuptial or post-nuptial agreement. If you have not married yet, a prenuptial agreement can be one of the best options to keep your separate property separate from marital property. The agreement should have all the details of the assets and it should be clearly mentioned how a property will be divided in the event of a divorce or death. If you failed to sign a pre-nuptial agreement, you can still go for post-nuptial. Both the options are used to keep non-marital property separate from marital property, however, in many states, post-nuptial agreements may have to pass through higher level of scrutiny and may not be accepted.

Helping clients through high asset divorces in Tennessee

The increasing rate of divorce across the United States, including in Tennessee, is enough to suggest that divorce is one of the realities of life and that many people have to go through the process, willingly or unwillingly. A divorce can alter the lives of everyone involved, emotionally and financially.

It is important for a person to think about the person's financial future after the divorce. Using the services of a qualified attorney can make a difference in what people think they deserve and what they actually get. It becomes more important when high assets are involved. A skilled lawyer can help people achieve their financial and personal goals in the best possible way.

Types of alimony provided by Tennessee law

Today, more and more marriages have spouses who are equal in every sense. In most marriages, both spouses are equally educated, qualified and capable of earning an independent wage. Although Tennessee law addressing alimony has not been modified legally, its interpretation has changed in light of present-day society.

Four types of alimony are available under Tennessee law and enforced by the Tennessee Supreme Court. These types are alimony in futuro, alimony in solido, rehabilitative alimony and transitional alimony. A court can approve one of these or any combination, as suitable to a specific case.

What are the various kinds of domestic abuse?

There may be Tennessee residents who are facing constant domestic violence but are not aware of it. Abuse can be defined as certain pattern of behavior repeated to maintain power and control over an intimate partner. These actions arouse fear in the mind of the partner preventing the person from doing what the abuser wants. It can also include forcing people to do something they do not want to do. Most common forms of domestic violence include physical, emotional, sexual, reproductive and financial abuse.

Physical abuse can range from physically harming a person by punching, kicking, to even using weapons to harm or threaten to harm. Even preventing someone from eating, sleeping or going out of the house can also amount to physical abuse. Physical abuse also results from damaging someone's property or harming or threatening to harm someone's children.

Contact Judy A. Oxford

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

Subscribe To This Blog's Feed Visit Our Divorce Law Website

Office Location

Judy A. Oxford, Attorney at Law
400 Sugartree Lane, Suite 520
Franklin, TN 37064
Phone: (615) 791-8511
Fax: (615) 791-1346
Map & Directions