Joe Cordell, a St. Louis divorce lawyer is, in his words, recommending a pragmatic approach if a breakup is eminent. He thinks that if you want to minimize the amount of property your soon-to-be-ex is going to get, you should divorce when stocks and property values are down.

While Mr. Cordell focuses his practice on representing men, another attorney states that women can take advantage of bad economic times during a divorce as well. If, for example, she has been laid off, she can argue she needs additional alimony or child support.

You can read more about divorce in a recession here.

If you’re going through a divorce, Tim Evans can help you acheive a fair and equitable division of property. Find out more about Hattiesburg Lawyer Tim Evans here, or call him at 601-255-5085.

Related posts:

1. Defending Contempt: A Little More “Good,” and a Little Less “Faith” I’ve previously written on the importance of acting immediately if...
2. The Tax Consequences of a Divorce: Alimony It’s said that there are only two things that are...
3. The Tax Consequences of a Divorce: Child Support & Child-Related Payments Overall, the code sections regarding child support are much more...

Related posts brought to you by Yet Another Related Posts Plugin.

A federal law, the Uniformed Services Former Spouses Protection Act, permits states to consider military retirement as marital property, and, indeed, Mississippi does so. The USFSPA allows a state court to have jurisdiction over the retirement benefits only if the servicemember is domiciled or resides there, or consents to the jurisdiction.

It is important to note that even if retirement benefits are awarded to a spouse, that spouse may not be directly paid by the military unless the couple was married for at least ten years of the member’s service. Even then, there is a cap on the benefit that can be received—50% for one spouse, and 65% for all former spouses.

On the other hand, if the couple was married for less than ten years of the member’s term of service, then payment of the benefit must come from the member spouse. While this can lead to more “uncertainty” regarding the payment, there is an upside to this. The 50% cap that is imposed through direct payment does not apply to payments received from the member spouse.

There are other benefits to consider as well, including disability benefits and survivor benefits. Those are topics for another day.

Related posts:

1. Military Divorce: The 20-20-20 Rule I have written before concerning the increase of divorces among...
2. Divorce in the Armed Forces The Associated Press reports today that the divorce rate has...
3. The Marriage Calculator Divorce360 has an interesting tool posted. It’s a “marriage calculator,”...

Related posts brought to you by Yet Another Related Posts Plugin.