For Phoenix couples who choose to end their marriage, one of the most difficult and contested aspects of the divorce is often dividing the property. In many instances, the couple is simply trying to keep what they believe is rightfully theirs. In others, it could be...
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Property Division
Understand your financial situation before you file for divorce
Most successful ventures in life begin with a plan. Whether it has to do with an Arizona resident accomplishing a personal goal or a Phoenix business meeting its corporate objectives, a plan can take a person from just thinking about making progress to actually...
Who gets the money in a pre-marriage account after divorce?
It is not uncommon for Arizonians to get married later in life. As such, some Arizonians find themselves tying the knot for the first time after accumulating significant property and wealth in their own names. Depending upon the marital property laws in a person's...
Arizona property divisions are based on community property laws
When a Phoenix resident buys something he may simply believe that the acquired asset is his and his alone. However, if that individual is married, his spouse is likely also an owner of the item he purchased. This is because Arizona is a community property state....
Asset valuation is a key component to a fair property settlement
Many assets can change value over time. People may know how much they paid for a specific item of real or personal property, but they may not know what that item's current price would be in terms of present-day valuation. In Arizona, property values, investment...
Celebrity divorce ends with property division, custody matters
Unlike many other celebrity couples, musical artists Gwen Stefani and Gavin Rossdale did not have a prenuptial agreement in place during their marriage. Now that the power couples is going through a divorce after the dissolution of their 13-year marriage, Stefani and...
How will I know if my property division is fair?
During a marriage a couple can acquire a lot of possessions. Those possessions can include small items of personal property, as well as large parcels of land or other types of real property. Additionally, Arizona couples may acquire or create banking accounts or other...
Divorce in Arizona requires asset valuation, property division
Where a person files for divorce can have a big impact on how the couple's property will be divided by the court. For example, Arizona is a community property state and with that designation come particular rules that govern the property division process. This post...
Divorce can be tricky for couples who are in business together
Many Arizona businesses family-owned. In some cases, the spouses started the business together before they got married and then continued as business partners during the marriage. This may add some extra stress in the event that the couple decides to get a divorce.A...
What is considered to be separate property in Arizona?
In the event of a divorce, Arizona is a community property state, which means that all marital property is equally divided between the two spouses. However, residents of Maricopa County, Arizona, should remember that not all property acquired by a couple during...