• Hidden Assets in Divorce
    Family Law

    Finding Hidden Assets in Divorce

    The beginning of finding assets in a divorce are the documents you collect from your client.  It is not the only way to find hidden assets, but a thorough and complete list of documents is an excellent starting point because the “paper trail” can often reveal volumes of information.  Some of the most important documents to obtain are: Credit card statements, loan applications trust documents and schedules of assets, financial records of businesses, accountant’s working papers, bank statements including checks and deposit slips, pay stubs and information about compensation packages, and tax returns.

    Tax returns are an important place to start.  When a person signs their return they are attesting that the information on the return is true and accurate.  Certain sections of the tax return are more important than others.

    • It’s important to review all sources of income in this section of the return and verify you understand them.
    • Pay close attention to business income and income that might come from bank or investment accounts.
    • Examine multiple years of tax returns to see if a spouse has dissipated assets in anticipation of divorce.
    • Withholding: carefully examine whether the spouse is currently over-withholding expecting a large tax return after the divorce is finalized.
  • Gray Divorce
    Family Law

    Tips For Handling a Gray Divorce

    Studies show that the overall rate of divorce has stayed somewhat constant for the last twenty years, however the rate of divorce among people over fifty years old has more than doubled in the same time period.  These are often called “Gray Divorces”.  Nearly 25% of all divorces measured recently occurred in this population.  This represents a 250% increase from similar rates twenty years earlier.  The simple fact is that you may be, in some way, involved in a gray divorce.

    The simple fact is that in increasing numbers older couples are deciding that they do not want to spend their retirement years with their current spouse.  A host of issues come up in divorce when it occurs at this stage of life:

    • While a divorce can help a person’s emotional well-being, it can be very difficult financially and problematic unwinding a couple’s financial life.
    • Many retirements decisions, such as when to retire, and levels of spending, were possibly made assuming an intact marriage. But following a divorce and liquidation of certain assets, individual may no longer have sufficient funds to retire.  Divorced individuals may end up working many more years than expected as a result.
  • Surrogacy Contracts
    Family Law

    Surrogacy Contracts – Tips and Tricks

    The world is changing and options for couple who want kids are rapidly expanding outside of adoption.  In fact, the number of adoptions are falling while alternatives are on the rise.  Some of the options now available are:  Donor eggs (anonymous or from a known donor), Donor Sperm (unknown or known), Donated embryo, Gestational Carrier (a variety of combinations include: client’s sperm and egg; client’s sperms and donor egg; client’s egg and donor sperm or donor embryo), and Traditional Surrogate

    Just because these are now scientific possibilities, it doesn’t mean that all jurisdictions are friendly to contacts that govern them.  Check your local laws to make sure and consult with the appropriate professionals.

    A few terms will be useful to know:

    • Assisted Reproductive Technology:  treatments where the egg and sperm are joined outside the body.
    • In Vitro Fertilization:  this is where a woman’s ovaries are stimulated to produce eggs, eggs are removed and fertilized outside the body, and the embryos created are then implanted in the uterus.
    • Surrogacy:  this is the process whereby a woman carries a pregnancy with the intention of placing the child with someone else for rearing and parenting.
      • TS Surrogacy (aka “traditional” or “true”):  here a woman becomes pregnant with her own egg and sperm from another (either the donated sperm of the intended father, or donated sperm).  In many jurisdictions this type of birth will result in the surrogate being the birth mother, requiring formal adoption of the child after the birth
      • Gestational Carrier:  here the woman becomes pregnant but with an embryo that has no genetic connection to her.
    • Cryopreservation:  the process whereby sperm, eggs, or embryos are frozen in liquid nitrogen and used in the future.
    • ICSI:  this acronym stands for Intracytoplasmic Sperm Injection which is the process of inserting a sperm into the nucleus of an egg.
  • Child Welfare Law
    Family Law

    Child Welfare Law & Technology Hackathon August 13 & 14, 2016 Phildelphia, PA

    As part of the 39th National Child Welfare, Juvenile and Family Law Conference, the National Association of Counsel for Children (NACC) will host a child welfare hackathon spanning 24 hours from August 13 to 14, 2016 at the Loews Hotel in Philadelphia, PA. Collaborative teams of subject matter experts and technology developers will join together to examine acute problems that face practitioners in the child welfare legal field to foster effective, realistic solutions which improve the overall quality of legal representation for children.

    At the conference, hackathon teams will be surrounded by the most respected leaders and critical stakeholders in the child welfare legal community. If teams have questions or need supplementary support, over 600 child welfare practitioners and thought leaders are steps away. The hackathon will conclude with a presentation from each team where the solutions developed are shared and discussed at the conference closing plenary.

    INTERESTED IN PARTICIPATING?
    Contact Amanda Butler by 7/25/16: [email protected]