Blog
Jan. 22, 2020
In some divorces in Tennessee, one or both spouses own or have ownership interests in small businesses or closely-held companies. These ownership interests are often classified as a marital asset that must be divided between the spouses as part of equitable distribution.
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In any divorce, the couple, often with the intervention of the courts, must divide between themselves the assets they own. However, Tennessee divorce law also requires that debts held by a married couple must also be divided in a divorce.
Read MoreJan. 22, 2020
When professionals like doctors, lawyers, and accountants who are shareholders and/or partners of a professional practice are involved in divorce proceedings, the practice they are part of must be evaluated to determine its value as part of the marital estate.
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No matter what the reasons are, going through a divorce is never easy. It’s difficult to admit that a relationship you thought would last forever is coming to an end.
Read MoreJan. 22, 2020
A child support award is not set in stone. A court may modify child support if a change is warranted.
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