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August 2012 Archives

How should Nevada grandparents handle their child's divorce? (2)

Last week, we wrote about the unique challenges facing grandparents when their adult children decide to divorce. The situation can be very delicate, and grandparents must find a balance between supporting their children and remaining on good terms with their child's soon-to-be ex-spouse, who could very well stand in the way of the grandparents having any significant contact with their grandkids after the divorce.

How should Nevada grandparents handle their child's divorce? (1)

If your adult child has just informed you that he or she is getting a divorce, you may be unsure of how to react. Of course, you will want to sympathize with and protect your child, and rightly so. A divorce is often difficult on many different levels, and any parent would want to offer assistance and support to their child as they work through that process.

Community property division likely to be an issue in Wonder's divorce

California, like Nevada, is one of nine states which recognize the division of community property. This includes most types of property acquired during the marriage by either spouse. For prolific musician Stevie Wonder, this is likely to be a sizable gain, earned from appearances and royalties, for example. Community property division means the gains that qualify are split down the middle. Wonder's wife stands to make a good financial gain from this law, unless they had a prenuptial agreement protecting Wonder's fortune.

How do Las Vegas judges calculate child support?

In the United States, the family laws of each state are created, enacted and upheld by the legislature and courts of that state with little input from the federal government. This means that many key areas of family law, such as child custody and child support, can differ significantly from state to state.

Protecting your credit score during and after divorce

When you are negotiating your divorce, especially during the current economic state, it is likely that you and your spouse will have not only property but also debt to divide. It is not uncommon for one spouse to be 'awarded' a full debt, such as a credit card or a car loan, which means that that spouse will be solely responsible for making payments on that debt from that point on.

Holidays for her, playoffs for him in unusual custody agreement

Recently, two divorcing parents reached an agreement regarding the custody and parenting time of their two children, ages 7 and 5. In exchange for the mother receiving parenting time with the kids on four Jewish holidays and half of the children's winter break from school, the father will have the kids on one very specific occasion: if the dad's favorite college basketball hill team makes the NCAA finals.