For many divorcing couples, the house is their most valuable asset. Under Utah law, all assets must be divided between the spouses equitably. Therefore, determining the family home's value – especially in marriages of lengthy duration – is vital to ensure a fair...
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High Asset Divorce
It is important to consider tax consequences in divorce
In the process of dividing up property, a couple needs to consider the tax consequences of their decisions. Just about every couple will face some tax-related fallout from a divorce. For example, after a divorce, the couple can no longer take advantage of the...
Dividing a business in a divorce
Under Utah law, when married couples divorce, they must divide their marital property in a way that meets state guidelines of fairness. For the most part, marital property includes just about every asset and debt the couple acquired while married. While dividing some...
Using an appraiser in a high-asset divorce
When couples face the end of their marriage, one great concern may be the division of their assets. Utah is an equitable distribution state. That is, the court is not bound to divide joint assets equally. Instead, the court can divide the couple’s assets based on what...
There are child support issues specific to high-earners
As with other family law matters, child support calculations can work a bit differently if one or both parents have a high income. In many respects, child support works the same across the board. High-earners will still have child support calculated under Utah’s Child...
What to do with the family home in a divorce can be tricky
When an Ogden area couple gets married, the furthest thing from their mind is divorce. But not every marriage lasts forever, and many couples do wind up divorcing. For high-asset Utah couples, the asset division portion of a divorce settlement is complicated. One of...
Analyzing the details in a high-asset divorce
While most divorce cases address similar issues – property, retirement, alimony, child custody, and child support – in each individual divorce case, one or two of these issues usually takes prominence. For example, in a high-asset divorce case, the property issue may...
What happens to the family business when owners divorce?
You and your spouse may have spent years together as business partners cultivating a lucrative and rewarding enterprise. However, your marriage may not have been as successful as your business, and you may find yourself seeking a divorce. When a married couple in Utah...
What factors determine how much alimony you will get?
If you are going through a divorce, you probably have serious concerns about what your financial future will look like. The end of a marriage will probably mean less income, new expenses and other financial adjustments. If you stayed home with your children or earned...
Protect yourself when facing a high asset divorce
High asset divorces are often contentious and complex, and both sides are concerned about what will happen to marital assets and money. If you are facing a high asset divorce, there can be great benefit in preparing for the process ahead. These types of Utah divorces...