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Johnine Clark, P.A. Law Blog

Monday, August 16, 2021

Prenup Considerations Before You Say I Do

Most people think of marriage as a declaration of love and commitment, not as a legal contract that defines the financial and familial obligations of each party. That is, until they start negotiating a divorce settlement and discover their state’s policy on the division of marital property and spousal support. Although not every couple establishes a prenuptial agreement, there are several good reasons for having a smart prenup in place before saying those magical words, “I do.”

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Monday, August 16, 2021

How Much of Your Estate Will Be Left Out of Your Will?

You’ve hired an attorney to draft your will, inventoried all of your assets, and have given copies of important documents to your loved ones. But your estate planning shouldn’t stop there. Regardless of how well your will is drafted, if you do not take certain steps regarding your non-probate assets, you run the risk of unintentionally disinheriting your chosen beneficiaries from a significant portion of your estate.



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Thursday, July 15, 2021

Dealing with a High-Conflict Divorce

A divorce is one of the most stressful things a person can experience. In some cases, spouses can amicably work out and settle their differences. But in far too many others, one spouse is determined to make the process as painful as possible. These are some tips for making it through a high-conflict divorce.



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Thursday, July 15, 2021

Common Estate Planning Myths

Estate planning is a powerful tool that among other things, enables you to direct exactly how your assets will be handled upon your death or disability. A well-crafted estate plan will ensure you and your family avoid the hassles of guardianship, conservatorship, probate or unpleasant estate tax surprises. Unfortunately, many individuals have fallen victim to several persistent myths and misconceptions about estate planning and what happens if you die or become incapacitated.



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Friday, June 18, 2021

Family Business: Preserving Your Legacy for Generations to Come

Your family-owned business is not just one of your most significant assets, it is also your legacy. Both must be protected by implementing a transition plan to arrange for transfer to your children or other loved ones upon your retirement or death.

 



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Friday, June 18, 2021

Using a Separation Agreement to Resolve Your Family Law Case

For most people, the idea of divorce conjures up worries over stress, money, and time. But divorce does not have to be the knock-down, drag-out fight often depicted in the movies. Most issues can be resolved using something known as a separation agreement.



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Wednesday, May 12, 2021

The wedding was called off - so who gets the engagement ring?

You've proposed to the woman of your dreams, and she said yes. You've set a date, prepared the invitations – and, of course, you gave her an engagement ring. But if the wedding plans fall through and you and your fiance split, who keeps the ring? Considering that engagement rings can cost thousands of dollars, it's no small property dispute. What happens next depends largely on where you live.

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Wednesday, May 12, 2021

The ‘Sandwich Generation’ – Taking Care of Your Kids While Taking Care of Your Parents

“The sandwich generation” is the term given to adults who are raising children and simultaneously caring for elderly or infirm parents.  Your children are one piece of “bread,” your parents are the other piece of “bread,” and you are “sandwiched” into the middle.



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Wednesday, April 14, 2021

Uncovering Hidden Assets in a Divorce

Going through a divorce can be a difficult process, especially when the proceedings become contentious. In fact disputes about spousal support and child support often arise, and it is not uncommon for one or both spouses to attempt to conceal their assets from each other and the court. While this is illegal, it happens more than many realize.


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Wednesday, April 14, 2021

Moving to Another State and How it Affects Estate Planning

In general, wills or living trusts that are valid in one state should be valid in all states. However, if you’ve recently moved, it’s highly recommended that you consult an estate planning attorney in your new state. This is because states can have very different laws regarding all aspects of estate planning. For example, some states may allow you to disinherit a spouse if certain language is used, while other states may not allow it.

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Tuesday, March 16, 2021

Top 5 Overlooked Issues in Estate Planning

In planning your estate, you most likely have concerned yourself with “big picture” issues. Who inherits what? Do I need a living trust? However, there are numerous details that are often overlooked, and which can drastically impact the distribution of your estate to your intended beneficiaries. Listed below are some of the most common overlooked estate planning issues.

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