When couples in the District of Columbia (DC) decide to end their marriage, they must go through a divorce. In Washington DC divorcing couples split their marital property 50/50. This means each party is entitled to half of the total value of the marital property. How are assets divided in a divorce in DC? When […]
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Owning property in multiple states can be complex when planning an estate. With different state laws, tax rates, and regulations, careful consideration should be taken to ensure that your wishes are carried out in the event of your death. Here we will discuss how owning property in multiple states is handled in an estate plan. […]
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No one plans for the cost of divorce. Nobody stashes aside money specifically to cater for divorce. So if you’re struggling to get money to pay for your divorce, know that it is completely normal and acceptable. In this article, we’ve compiled creative and actionable ways you can use to fund for your divorce. Divorce […]
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If you have an estate plan, you’ve taken an important step toward protecting your assets and providing for your family in the event of your death. But where should you keep the documents for your estate plan? The answer depends on the type of documents you have. Some documents, such as a will, need to […]
Continue readingWashington, D.C. recognizes only no-fault divorces. That means that adultery, which is a form of marital misconduct, is not a ground for divorce in the District of Columbia. However, where it can have an impact is in regard to alimony payments. Alimony, also known as spousal support, is money paid by one spouse to the […]
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Whether or not your estate plan is valid if you move to another state depends on the type of estate plan you have and the laws in the state you are moving to. In general, if you are moving to another state, it is important to check the laws of the state you are moving […]
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Probate is the legal process of administering the estate of a deceased person and distributing assets to the designated beneficiaries. The process is supervised by a court, either through a local probate court or a superior court. During the probate process, the court reviews the validity of the deceased person’s will and resolves any disputes […]
Continue readingAlimony, also known as spousal support, is a legal obligation to financially support a former spouse after a divorce. Alimony is determined by the court and is based on several factors, such as the length of the marriage, the couple’s income, and the standard of living during the marriage. In the District of Columbia, alimony […]
Continue readingA no fault divorce is a type of divorce that does not require one spouse to blame the other for the marriage’s failure. This is the most common form of divorce in the United States. It is available in all 50 states, including the District of Columbia (DC). What is a no fault divorce? No […]
Continue readingDivorce is an expensive and emotionally difficult process. Divorce can also be financially draining, with the average cost of a divorce ranging from $15,000 to $30,000 nationwide. In Colorado, the average cost of a divorce is around $15,000, but the actual cost of a divorce in Colorado can vary widely depending on several factors. This […]
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