People in Tennessee generally marry for love, and are not worried about who has what property. However, when people marry they are also entering into an unwritten contract that everything that either one earns or acquires during the marriage becomes the property of both spouses regardless of which spouse actually earned or acquired the property. So, if the couple ends up divorcing each one would be entitled to an equitable portion of the marital property.
Everyone's marriage in Tennessee is unique, and just as every marriage is unique everyone's divorce is also unique. The major issues remain the same in most divorces, such as child custody, child support, property division and spousal support. However, these issues will be resolved based on the unique circumstances of the couple's marriage. Couples going through a divorce also have different options on the method they use to resolve their divorce.
Parents in Tennessee are required to provide for the financial needs of their children until they are at least 18 years old. These financial needs can be costly as well. Every child needs food, shelter and clothing as the basics, but they have other needs as well. Young children may require child care and parents may need to pay for the children's health insurance and other medical costs. Children also are involved in various activities that have fees and may require certain equipment.
If you think back to July 1, chances are good you'll remember grilling, spending time with family and friends, planning for fireworks or even just relaxing. In other words, you'll remember nothing particularly noteworthy about the first day of the long holiday weekend.
After making the monumental decision to pursue a divorce, most spouses want to move forward as quickly as possible, eager to start a new chapter in their lives. While this is certainly understandable, what about those spouses for whom the decision about divorce isn't quite so clear?
In a previous post, we discussed how an issue of paramount importance in most divorces is property division, something that makes perfect sense when you consider the time and energy most married couples invest into building a better life.
When divorce proves inevitable, the issue of paramount importance to the vast majority of people is understandably child custody and visitation. Coming in second -- or perhaps even first if the couple has no children -- is property division, something that makes sense when you consider the time and energy that most couples expend trying to build a better life.
There are many different parental situations in Knoxville. Sometimes the parents are married, sometimes they are divorced or separated and in other situations the parents were never married. While the parents are married, they are generally living together and raising the children together. However, if they divorce or were never married in the first place, this is not usually the case. The parents will live separately, but that does not mean that only one parent is responsible for raising the child.
Ask any divorced parent and they will tell you that one of the most stressful times of the year is the time leading up to Christmas and other end-of-the-year holidays, due in part to a time-sharing agreement that was established months or even years in advance.
Over the last month, our blog has been examining the agreed divorce process here in Tennessee, which allows spouses who concur on all points and who otherwise satisfy certain requirements (i.e., no kids under 18, no jointly-owned real estate, no retirement accounts) to secure an expedited split.