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Springfield Family Law Blog

Do you have concerns about your artwork and your divorce?

Because each divorce case is different, you may have certain details to consider that many other Oregon residents may not. If you have a considerable amount of wealth, you could have specific assets that will likely complicate the asset division process. In particular, if you have an art collection or create works of art yourself, your case faces additional complexities.

Whether you want to hold on to as much of the artwork as possible or ensure that you receive a fair share of other assets, one of the most important factors in dividing artwork is valuation. Unfortunately, it can be difficult to determine the exact value of a piece, especially of original artwork.

Divorced parents need to update each other during the school year

Oregon students going back to school after their parents’ divorce may struggle with their academic performance. They are now dealing with the everyday hardships of attending classes without having both parents in the same house when they arrive home. Even if your divorce wasn’t high in conflict, your child still has a high chance of struggling in school.

If you want your child to succeed in the classroom, then both of their parents need to be able to help them whenever they can. This means that you both need to communicate to each other frequently during the school year so you can successfully co-parent your kid even if you two aren’t together anymore. Here are some parts of your child’s life you and your ex should inform each other about:

Mistakes to avoid in a high asset divorce

Getting a divorce where one or both parties have a lot of wealth can be especially complicated. Many assets can be involved. Understanding that the public will likely know about your divorce can be stressful. Having a divorce where you and your spouse are satisfied could involve a level of compromise.

Don’t forget to make a ‘divorce story’

Updates to make to your estate plan after your divorce

Divorce can often induce feelings of uncertainty, as one tries to figure out what life will look like post-separation.

While there are many important issues to contend with during a divorce—such as child custody and asset division—one task that can’t be overlooked is updating an estate plan.

How will divorce affect my retirement savings?

According to the American Psychological Association, 50% of marriages in the United States end in divorce. Though the process is not uncommon, it is still often a delicate and difficult situation. While there are certainly personal concerns, such as parenting and heartbreak, the financial implications of splitting up with your partner are of great concern as well. According to divorce attorney’s, retirement savings are one of the most contentious issues regarding divorce.

Because Oregon is an equitable distribution state, the courts will try to divide the communal nest egg as fairly as possible. However, this does not necessarily mean that your retirement plan will always remain untouched.

Do grandparents have visitation rights after a divorce?

During a divorce, the custody of children can often become a bargaining chip between the parents, leaving grandparents out of the loop. In cases such as these, so grandparents have custody or visitation rights?

There is no federal law about the rights of grandparents, so the decisions are made on a state-by-state basis.

Co-parenting tips for your college-age child’s estate plan

Before your child heads off to college, you will probably do everything you can to help them get ready. You’ll help them pack clothes, furniture, books and a wide array of other items to help them feel comfortable and do their best. But did you remember to pack their estate plan?

In the tumult of a move, you might forget about those essential documents. It might be extremely complicated to arrange for these documents with your co-parent.

How can you peacefully co-parent with a narcissist?

As is typical in divorce, perhaps you can no longer stand being around your former spouse. Maybe you have grown tired of your ex’s arrogance and disrespect. Or, possibly you recognize you made a mistake choosing him or her in the first place.

Marriages end for a wide variety of reasons. Many couples are not able to pinpoint exactly why their relationship did not last. However, if you were married to a narcissist, there might be some things you will still want to consider once your divorce is final. This may be especially true when there are kids involved.

Divorced parents have special considerations when estate planning

Immediately after your divorce is finalized, it is important to update all of your estate planning documents. For most people, the documents needing updates may include a will, power of attorney, living will and beneficiary designations. However, if you have minor children, you may want to also consider utilizing some other estate planning tools.

Guardianship

Is a forensic accountant necessary in a high-asset divorce?

As you and your spouse consider divorce, various concerns arise. You may wonder where things went wrong. You likely worry about who will get the house. And, you might question the full extent of your marital assets.

While many divorcing couples own real estate and vehicles, some must consider retirement accounts and investment portfolios. If your spouse has a pension, you may not know how much money it involves and what your rights to it are, related to your settlement. Maybe you do not know what your spouse’s business interest is worth. And, while Oregon courts generally aim for a “fair” division of property, you may question your rights to your spouse’s inheritance.