The McCarthy Law Firm News
The McCarthy Law Firm is pleased to announce that Edina Strum has been appointed to the State Bar of Arizona’s Family Practice and Procedure Committee. Her three-year term will commence on July 1, 2019. The mission of the State Bar of Arizona is to “study and make recommendations on legislation, proposals and/or issues raised by the Arizona
Why is divorce so expensive? Because it is worth it. Henny Youngman Mr. Youngman’s joke may be old, but it raises a serious issue. Divorcing clients frequently ask, “How much will my divorce cost?” This is a fair question. After all, the price of a car or house is not a secret. It is simple to quote
Did you know that, under Arizona law, unless you have a prenuptial agreement, all retirement benefits acquired after marriage are community property? That means they must be divided equally when the marriage is dissolved. Sounds straightforward enough, right? Avoid wasting your precious retirement dollars. Here’s the high level-view of how Arizona family law applies to retirement benefits.
In an Arizona divorce settlement, you can expect to see retirement benefits considered as community property, unless you had the foresight to sign a prenuptial agreement. As mentioned in our previous post on the division of retirement benefits in divorce, those benefits will need to be divided equally when the marriage is dissolved. We left off at
When you suspect that your spouse has hidden assets, or used assets for a non-community purpose, that’s waste. It’s a common term for abnormal or excessive spending. Examples of waste are: Spending on a non-marital or extra-marital relationship Excessive gifts to third parties Excessive gambling Waste may also include: Destruction of community assets, like intentionally running down