Division of Property
Vehicles and Vehicle Loans in Your Divorce
Any vehicles that you obtain during your marriage, or that you use marital funds to pay for, can constitute marital property under Georgia law. All marital property, including vehicles, can be equitably divided by the court in a divorce. However, when vehicles are encumbered by vehicle loans, the couple also must deal with payment of…
Read MoreValuation of Businesses During a Divorce
One of the most difficult tasks in a divorce can be placing a value on a family-owned business, and then determining how to divide its value equitably between the spouses. This can be one of the most contentious and complex issues before the court in a Georgia divorce, simply because the process can involve so…
Read MoreStocks Options and Divorce
A stock option is the right of an employee to purchase a certain amount of shares of his or her employer’s company stock at a specific time and for a fixed price. The employee is not required to purchase the stock, but can do so whenever he or she chooses to do so. Many large…
Read MoreRepresenting clients in high asset divorces in the State of Georgia
Shaw Law Firm LLC does represent clients in high asset divorce. We have experience in cases from representing CEOs and Chairman of the Board from NASDAQ listed corporations, to professional athletes and professionals. Representing high asset divorces are perhaps the most challenging cases in a Georgia divorce. One of the biggest challenges is setting expectations. In…
Read MoreIn a Georgia divorce, what happens if an asset increases in value?
This question, of what happens in a Georgia divorce, if an asset increases in value since the parties’ marriage will often leave room for legal argument, but in general if an asset increases in value simply because of market forces (e.g. stock you owned prior to marriage and did nothing with, simply appreciates) that appreciation…
Read MoreGeorgia Divorce issues for professional athletes and their spouses
What are special concerns or strategies in cases of a professional athlete in a Georgia divorce, or more specifically, a Major League Baseball Player, or NFL Player and their retirement accounts? Representing professional athletes and their soon to be former wives, has its own unique issues. retirement benefits and accounts available to professional athletes. There…
Read MoreHow is the marital or family home dealt with in a Georgia divorce?
In Georgia divorces, often the parties’ marital or family home will be the largest estate in the entire marital estate. There are multiple ways to deal with the issue, and here are a few common ways to do so: Sell the home, and divide the equity. In doing so, however, unless you and your spouse…
Read MoreDoes it matter if my husband or wife or spouse in a Georgia divorce is not on title to our home, car, or bank or financial accounts?
In the State of Georgia the answer is both Yes, and No. It may matter a lot for tax purposes, but in most other instances, no, it does not matter. What matters is not whose name is on an asset, but rather whether the asset is marital or non-marital. Whose name is on the asset…
Read MoreWhat is marital property and what is non-marital or pre-marital property in a Georgia divorce and why is it so important?
In general, property is martial if it was paid for from money earned during the marriage; and assets are non-marital if the asset was paid for or acquired by money that was earned prior to marriage, or that was inherited, or that was gifted. Marital property is subject to equitable division in a Georgia divorce.…
Read MoreDo we represent executives, doctors, lawyers, accountants, psychologists, or business owners in Georgia divorces?
As experienced Georgia divorce and family law attorneys, Shaw Law Firm PC has successfully represented all of these types of clients. Issues with division of property are foremost in many of these divorce cases. Here are some of the concerns and strategies in divorce cases needed for each type of business person. Business Owners Not…
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