Divorce,Attorney,The,Basics,an law Divorce Attorney - The Basics of Divorce and Community Prope
Bankruptcy is a situation, wherein an individual is termed as unable to discharge all the debts. When a person or a company is not able to pay off its creditors, it has an obligation to file a bankruptcy suit. In fact, a bankruptcy suit is a When you work with an attorney, you will have no problem reducing the risks associated with getting your case in front of a judge and jury, or other formal court, when you need to. However, every case is different. It is important to work wi
When filing as a divorce attorney in Louisiana, there are many things that you should know. Louisiana is a community property state. This means that everything earned during the marriage is presumed owned by each party. The community property regime ends when a judgment ending the marriage is entered. Spouses without children generally must live separate and apart for 180 days. Filing can occur in one of two ways - first, a spouse can live separate and apart for 180 days. Subsequently, he or she can file. Second, a spouse can file, and then live separate and apart for 180 days. A divorce attorney is often asked, What is the difference? Well, here is where the community property regime comes in. If you file immediately, the community property regime can end retroactively to the date of filing, as long as the rule is granted within two years. If one lives separate and apart for 180 days first, then the community property regime ends upon the judgment being granted. So if Joseph is concerned about Matilda racking up credit card debt during the 180-day period, then he should consult with a divorce attorney about filing immediately. Even though he still will probably have to live separate and apart for 180 days, the community property termination date is retroactive to the date of filing. Such protection is not afforded if you chose to wait 180 days. (If there is a child of the marriage, then the spouses must generally live separate and apart for 365 days.) In Louisiana, a fault-based judgment ending the marriage is granted immediately. There are several things that can constitute fault. If a person is convicted of a felony punishable by hard labor or life, then his or her spouse can seek this legal remedy. A spouse can also get this if the other spouse is committing adultery. Now lets go back to community property. In Louisiana, community property issues can be the subjects of highly contentious debates for a divorce attorney. If Joseph works and makes 500,000 during the marriage, then Matilda may be entitled to half. Sometimes spouses attempt to commingle their assets in an effort to disguise community property as their separate property. If a court cannot determine whether funds are community or separate property, they will simply presume it to be community. That is why it is important to keep proper documentation that shows what community is and what is separate property. For example, Joseph purchases a house during the marriage with community funds. When he sells it, he deposits the proceeds in his separate bank account. When commanded to produce the books, it may seem that he attempted to divert community funds into his separate account. Even though it may be in his separate account, a divorce attorney will likely request that the proceeds be considered community and that Matilda get ½ of the proceeds. This is why it is important to keep a record of such transactions.Please not that the above is provided as information; if you need legal advice when dealing with a community property fight in Louisiana, talk to Will Beaumont, who is lawyer in New Orleans. We will pinpoint your issues and come up with a unique plan tailored to your specific circumstances.
Divorce,Attorney,The,Basics,an