Posts tagged "High-Asset Divorce"
When an Omaha, Nebraska, couple gets divorced, they are both going to have to navigate through some financial obstacles. After all, assuming they will live in separate homes, they each will have to handle all household expenses on their own, without the income or help of their former spouse. There are other ways in which divorce is costly as well.
In the event of a divorce or a separation, a father who does not care for his child at least half of the time will likely be ordered to pay child support to the child's mother. Many dads are more than happy to do so with the expectation that their money will go to help their child.
For many in the Omaha area, their retirement plan is one of their most important financial assets. With some consistency, it can become a source of great wealth. Moreover, there is an emotional component to a retirement plan as well, as many feel they worked very hard for that money and do not want to part with it.
Several previous posts on this blog talked about mistakes men commonly make during the course of a divorce or legal separation, and, to some extent, other family law matters.
Many fathers and soon-to-be fathers have jobs that, less face it, they do because it brings in a paycheck. Many men in Omaha and the other communities of Eastern Nebraska probably would like at some point to change professions and do something they truly find fulfilling, even if it means taking a significant pay cut.
Like other marital property, the home where an Omaha couple lived during their marriage will have to be divided as part of a Nebraska divorce or legal separation.
To follow up on this blog's previous overview of how alimony works in Nebraska, dads in the Omaha area may want to think about whether it is to their advantage to come to an agreement about alimony quickly.
Like other states, Nebraska allows its courts to award what are called alimony payments to either spouse following a divorce.
In cases involving divorce or, for that matter, other types of separation, especially when the couple splitting has a lot of assets, there is always a concern that one of them will try to conceal wealth outside the reach of the other party. The plan in this case would be to wait until a more convenient time when they can access the money for themselves without having to share it.
A previous post on this blog talked about how a careless social media post on Facebook or Twitter, or one written hurriedly or in anger, can came back to haunt a man who is trying to forge a relationship with his child through custody or parenting time.