In most circumstances, you can’t keep your spouse’s health insurance after a divorce. You can, however, convert your spouse’s health insurance to your own plan under HIPAA, the Health Insurance Portability and Accountability Act. Most people know this as COBRA. It’s a wonderful thing to be able to keep your insurance for another (36) thirty-six months. Unfortunately, it’s also very expensive. For details, contact me, Greg Davis, at (602) 279-1900.
By: Greg Davis
In most circumstances, you can’t keep your spouse’s health insurance after a divorce. You can, however, convert your spouse’s health insurance to your own plan under HIPAA, the Health Insurance Portability and Accountability Act. Most people know this as COBRA. It’s a wonderful thing to be able to keep your insurance for another (36) thirty-six months. Unfortunately, it’s also very expensive. For details, contact me, Greg Davis, at (602) 279-1900.
By: Greg Davis
Hi. I’m Mitch Reichman. I’m a board certified family law specialist, and I practice at Jaburg & Wilk.
Community property in Arizona is- it creates a presumption that everything that’s acquired during the marriage by either spouse is owned by the community. It means it’s owned by them jointly. They each have an undivided 100% interest in all of the community property.
If you put money into a business and started the business before marriage, the character of your assets doesn’t change by virtue of you getting married. So if you come into the marriage with a business that’s a growing concern, that business is your separate property. The difficulty is if you are working in the business and the business increases in value during the marriage. How to apportion the increase in value between what the business was in terms of it’s value and earning potential at the time of the marriage, at which time it was your separate property, and how it’s changed during the course of the marriage. Those are very difficult questions to answer, and require typically experts to do that kind of evaluation.
There is a relatively easy way to protect your business or any other separate property before you get married. And that is to have a premarital agreement. Premarital agreements are presumptively enforceable in the state of Arizona. We have adopted something called the Uniform Premarital Agreement Act. And under the Act, as long as you follow certain guidelines, there is a very strong probability that the court will enforce that agreement.
They need to be prepared for a forensic evaluation of their business. Someone is going to be looking at all of the personal benefits they get from the business, and attempting to quantify them. They’re going to be looking for any unusual transactions, they’re going to be looking for any unusual activity in the business that suggest that somebody might be divorce planning. And so what you want to do, is you want to operate as you always have to the extent that you can, and if there is some event or occurrence that causes you to need to do something special, you want to document it as best you can.
Hi. I’m Mitch Reichman. I’m a board certified family law specialist, and I practice at Jaburg & Wilk.
Community property in Arizona is- it creates a presumption that everything that’s acquired during the marriage by either spouse is owned by the community. It means it’s owned by them jointly. They each have an undivided 100% interest in all of the community property.
If you put money into a business and started the business before marriage, the character of your assets doesn’t change by virtue of you getting married. So if you come into the marriage with a business that’s a growing concern, that business is your separate property. The difficulty is if you are working in the business and the business increases in value during the marriage. How to apportion the increase in value between what the business was in terms of it’s value and earning potential at the time of the marriage, at which time it was your separate property, and how it’s changed during the course of the marriage. Those are very difficult questions to answer, and require typically experts to do that kind of evaluation.
There is a relatively easy way to protect your business or any other separate property before you get married. And that is to have a premarital agreement. Premarital agreements are presumptively enforceable in the state of Arizona. We have adopted something called the Uniform Premarital Agreement Act. And under the Act, as long as you follow certain guidelines, there is a very strong probability that the court will enforce that agreement.
They need to be prepared for a forensic evaluation of their business. Someone is going to be looking at all of the personal benefits they get from the business, and attempting to quantify them. They’re going to be looking for any unusual transactions, they’re going to be looking for any unusual activity in the business that suggest that somebody might be divorce planning. And so what you want to do, is you want to operate as you always have to the extent that you can, and if there is some event or occurrence that causes you to need to do something special, you want to document it as best you can.
I’m Kathi Sandweiss. I’m the Chair of the appellate practice section at Jaburg and Wilk.
You can appeal basically any final judgement, and that means you can appeal a dissolution, but it’s not as if you’re no longer divorced. You’re not appealing the fact of the divorce. What you’re appealing typically is about money. It can be about something else, but typically somebody will appeal a distribution of property, for example. And a lot of times that will go back to what the lower court determined was the value, for example, of a business. And the value of that business will then impact how your property is distributed.
One of the basic errors that someone alleges in the divorce decree, in the dissolution decree is that a business was not valued properly. So, that goes back to a dueling expert standard. My expert witness, say, valued my art practice at $300,000. Your expert witness valued my business at $500,000, and that’ll determine a lot of how much money is distributed to each party. The problem with it is you’re looking at credibility of witnesses, and you don’t want to be in the position of asking the higher court to determine that there was a factual error because that’s a much tougher standard on appeal.
By: Kathi Sandweiss
I’m Kathi Sandweiss. I’m the Chair of the appellate practice section at Jaburg and Wilk.
You can appeal basically any final judgement, and that means you can appeal a dissolution, but it’s not as if you’re no longer divorced. You’re not appealing the fact of the divorce. What you’re appealing typically is about money. It can be about something else, but typically somebody will appeal a distribution of property, for example. And a lot of times that will go back to what the lower court determined was the value, for example, of a business. And the value of that business will then impact how your property is distributed.
One of the basic errors that someone alleges in the divorce decree, in the dissolution decree is that a business was not valued properly. So, that goes back to a dueling expert standard. My expert witness, say, valued my art practice at $300,000. Your expert witness valued my business at $500,000, and that’ll determine a lot of how much money is distributed to each party. The problem with it is you’re looking at credibility of witnesses, and you don’t want to be in the position of asking the higher court to determine that there was a factual error because that’s a much tougher standard on appeal.
By: Kathi Sandweiss
Like other assets, business interests can be treated as community property or separate property and sometimes, a combination of both. If your business was started during the marriage, then it is community property. If your business was started before the date of your marriage, it is your separate property.
However, the marital community may still have a claim to some of the profits and increase in value that occurred during the marriage, and these values must be apportioned between separate property and community property interests. Whether the business is community property or separate property, it will have to be valued.
To do so, it will be necessary to retain a business valuation expert. Whether valuing a community property business or apportioning an increase in value in a sole and separate business it is important that your attorney understand business valuations. Your attorney needs to understand the valuation approaches, methods and procedures and the law that applies to valuing and apportioning business interests. If you are facing a divorce and you or your spouse own a business, feel free to contact me for more information.
Like other assets, business interests can be treated as community property or separate property and sometimes, a combination of both. If your business was started during the marriage, then it is community property. If your business was started before the date of your marriage, it is your separate property.
However, the marital community may still have a claim to some of the profits and increase in value that occurred during the marriage, and these values must be apportioned between separate property and community property interests. Whether the business is community property or separate property, it will have to be valued.
To do so, it will be necessary to retain a business valuation expert. Whether valuing a community property business or apportioning an increase in value in a sole and separate business it is important that your attorney understand business valuations. Your attorney needs to understand the valuation approaches, methods and procedures and the law that applies to valuing and apportioning business interests. If you are facing a divorce and you or your spouse own a business, feel free to contact me for more information.
A very common question we receive is, how long will it take to finalize my divorce case. In Arizona, the short answer is that it has to take at least (61) days. By statute, the court cannot grant a divorce until 60 days after the case has been filed, and the other person has been served, or notified of the case, and so especially in simple cases where the parties can reach an agreement, we can often finalize those cases in (60) to (90) days.
With more complicated cases, especially those cases where we have to gather documents, and we have to gather evidence, and we have to prepare witnesses, and we have to prepare for trial, those cases can take (4) to (6) months and even in certain cases, up to a year. Now, if you’d like more information about your divorce case, please contact us (480) 733-6800, or you can visit us online.
If you are looking to finalize a divorce case in Arizona, please visit a profile and complete a contact form.
A very common question we receive is, how long will it take to finalize my divorce case. In Arizona, the short answer is that it has to take at least (61) days. By statute, the court cannot grant a divorce until 60 days after the case has been filed, and the other person has been served, or notified of the case, and so especially in simple cases where the parties can reach an agreement, we can often finalize those cases in (60) to (90) days.
With more complicated cases, especially those cases where we have to gather documents, and we have to gather evidence, and we have to prepare witnesses, and we have to prepare for trial, those cases can take (4) to (6) months and even in certain cases, up to a year. Now, if you’d like more information about your divorce case, please contact us (480) 733-6800, or you can visit us online.
If you are looking to finalize a divorce case in Arizona, please visit a profile and complete a contact form.
A divorce, an annulment, and a legal separation are all very similar in many respects, so there are a couple of important key differences that you should understand. When asked to enter a divorce, annulment, or a legal separation, the court is required to enter specific orders. If there are children involved, the court is required to make orders as to child support. The court is also required to enter orders explaining which parent is going to have the parenting time with the children and which parent, or both parents are going to have the legal decision-making for the child. Even if there are no children involved, the court is required to enter orders as to spousal support. Also, the court is required to enter orders dividing up the assets and debt of the parties. In those respects, a divorce, an annulment, and a legal separation are all very similar.
Now, the differences are also important to understand. In a divorce, the judge is essentially saying, “I now pronounce the parties no longer man and wife”. With an annulment, the judge is saying, “We’re going to pretend that you guys were never really married”. With a legal separation, the parties actually remain married, but the court has divided up all the assets and debts. In a legal separation case, if the parties are able to reconcile the marriage, the court can remove the legal separation, and they are back to being married. If you would like more information, please contact me at (480) 733-6800, or you can visit us online.
For additional information on divorce, annulment and legal separation in Arizona, please visit a profile and complete a contact form.
A divorce, an annulment, and a legal separation are all very similar in many respects, so there are a couple of important key differences that you should understand. When asked to enter a divorce, annulment, or a legal separation, the court is required to enter specific orders. If there are children involved, the court is required to make orders as to child support. The court is also required to enter orders explaining which parent is going to have the parenting time with the children and which parent, or both parents are going to have the legal decision-making for the child. Even if there are no children involved, the court is required to enter orders as to spousal support. Also, the court is required to enter orders dividing up the assets and debt of the parties. In those respects, a divorce, an annulment, and a legal separation are all very similar.
Now, the differences are also important to understand. In a divorce, the judge is essentially saying, “I now pronounce the parties no longer man and wife”. With an annulment, the judge is saying, “We’re going to pretend that you guys were never really married”. With a legal separation, the parties actually remain married, but the court has divided up all the assets and debts. In a legal separation case, if the parties are able to reconcile the marriage, the court can remove the legal separation, and they are back to being married. If you would like more information, please contact me at (480) 733-6800, or you can visit us online.
For additional information on divorce, annulment and legal separation in Arizona, please visit a profile and complete a contact form.
Prenuptial agreements are generally enforceable in Arizona courts. There are some pre-requisites though that are required before a prenuptial agreement can be enforced by a court. Number one, the court has to find that it was in writing and made in contemplation of marriage. Secondly, it can’t be unconscionable. If it’s unconscionable, that means it’s not fair, certain requirements weren’t made for financial disclosure or the waiver of financial disclosures, or that the provisions of the agreement were repugnant to the sense of justice. Each case is uniquely different and we’d be happy to look at your case individually. If you’d like to talk to us more about that, feel free to email me.
Prenuptial agreements are generally enforceable in Arizona courts. There are some pre-requisites though that are required before a prenuptial agreement can be enforced by a court. Number one, the court has to find that it was in writing and made in contemplation of marriage. Secondly, it can’t be unconscionable. If it’s unconscionable, that means it’s not fair, certain requirements weren’t made for financial disclosure or the waiver of financial disclosures, or that the provisions of the agreement were repugnant to the sense of justice. Each case is uniquely different and we’d be happy to look at your case individually. If you’d like to talk to us more about that, feel free to email me.
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