What does date of valuation mean? Because the value of assets can go up or down while a divorce is pending, it can be necessary to determine a set date for valuing the marital assets. This is referred to as the date of valuation. You and your spouse can agree on
What is meant by equity in my home? Equity is the difference between the value of the home and the amount owed in mortgages against the property. For example, if the first mortgage is $50,000 and the second mortgage from a home equity loan is $10,000, the total debt owed against the
Not necessarily. Talk to your health care professional and follow their recommendations. Taking care of your health is of the utmost importance during this difficult time, and will serve your best interests as well as the best interests of your children. Inform your attorney of any medications that you are
I Am Taking Prescription Medication To Treat My Depression; Will This Hurt My Chances Of Getting Custody?
No. Feelings of depression, anxiety, and trouble sleeping are common during a divorce. If you have any mental health concerns, seek help from a professional. Following through with the recommendations made by your health care provider will be looked favorably upon by the court, including the use of prescription medication.
What is a covenant marriage? A covenant marriage is one that requires a couple to receive marital counseling before filing for divorce. Similarly, the couple must also receive counseling prior to the marriage. These requirements are based on the belief that attempts to resolve marital conflicts will mean a couple will
What is the significance of my divorce being final? The finality of your divorce decree, sometimes referred to as the judgment of divorce, is important for many reasons. It can affect your right to remarry, your eligibility for health insurance from your former spouse, and your filing status for income taxes.
Can I get a legal separation? Unless you contracted a covenant marraige, the state of Louisiana does not recognize "legal separation." The legislature repealed the laws dealing with legal separation. Couples who have a covenant marriage can obtain a judicial separation; this means they have a legal contract drafted, saying that
Are expenses such as child care supposed to be taken out of my child support? Yes. Child care expenses are usually added into the basic child support obligation when support is calculated. If the child care expenses were included in the child support calculation, you would then pay your child care from
How does providing health insurance for my child affect my child support amount? If you pay the health insurance premium for your child, the amount you pay will be taken into account when calculating child support. You will receive a credit for the amount you pay per month for your child's