The 2023 economy has been marked by financial volatility, as fluctuations in the stock market, cooling home prices and the erosion of purchasing power have left many couples more uncertain than usual on how to divide assets.
How do Tennessee courts equitably divide life insurance proceeds when a spouse changes the beneficiary during a divorce and dies before the divorce?
When is one likely to see an unequal division of marital property in a long marriage? And what role does suffering economic detriment to benefit the marriage play in the alimony analysis?
When can a Tennessee court keep divorced parties jointly responsible for a debt?
When can separate property become marital property in Tennessee?
Facts: Wife was a 19-year-old college student when she met Husband, then 27 years old. Within a few weeks after meeting, Wife dropped out of college…
When is an unequal division of marital property reversible error?
The article by Charlie Wells in the Wall Street Journal may be of interest to readers of this blog. In Divorce, Who Gets Custody of…
Dividing Assets and Liabilities Most assets acquired by the parties during the marriage are considered joint or marital property. Likewise, most debts incurred during the…
Facts: The parties divorced after 13 years of marriage. Husband worked throughout the marriage until he became disabled approximately four years before the divorce. Wife did…
Facts: When the parties settled their divorce case, they executed a marital dissolution agreement (“MDA”) that provided in relevant part: As a division of marital…
Facts: After a 25-year marriage, the parties separated after Husband savagely assaulted Wife. Husband stabbed her multiple times, beat her head against a dresser, and set…
Dispute Over Property Classification and Equitable Division in Memphis Divorce: Luttrell v. Luttrell
Facts: Prior to the beginning of this 25 year marriage, Wife’s grandparents made her the beneficiary of a substantial trust fund. Throughout the marriage, Wife…
Facts: Husband and Wife were divorced after a seven-year marriage. Prior to the marriage, Wife purchased a lot that would later house the marital residence…