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Tessmer Tips / 11.02.2016

Just like physicians, attorneys specialize in different areas of practice where it pertains to the law. An attorney who specializes in criminal matters may not be the best choice for a family law matter, and vice versa. An experienced divorce attorney will have knowledge about asset protection and the issues that are likely to be important in your situation, such as child and spousal support and division of marital property. Sometimes clients believe that the best lawyer is one that is “tough” or “ruthless”. The truth is, your lawyer is your advocate and is hired to represent you to the...

Tessmer Tips / 10.02.2016

Certain issues are more likely to present themselves in a divorce that is dealing with a large marital estate, such as: Business valuations; Determining the worth of assets such as stock options, art or antiques; Division of a business or professional practice; Division of investments and retirement plans; Tax implications and property settlements; Accurately accounting for and exposing any hidden income or diverted assets; and Evaluating standards of living to determine child and/or spousal support. ...

Tessmer Tips / 09.02.2016

Generally, a high asset or high net worth divorce means exactly that: one or both parties have a net worth over a certain threshold. The exact figure varies with opinion, but for us it is one million dollars ($1,000,000.00). This figure can consist of the total worth of several different things: cash, investments, property, businesses, or other assets....

Tessmer Tips / 08.02.2016

What is a high asset divorce? Isn’t it the same as a regular divorce?   A high asset divorce is just like any divorce in many ways. No divorce is pleasant, regardless of the terms or circumstances. No matter the amount of assets, in a divorce they still must be equitably split. If there are children, arrangements for custody, visitation and child support must still be made. In any divorce, couples find that they agree on some things, but not on others. Consulting an attorney is well worth the time. Good legal advice pays for itself many times over. In a high...

Tessmer Tips / 05.02.2016

The severity of a child’s disabilities can vary greatly. In some cases, the child’s disabilities are so extreme that there will be no debate, even if the child is still very young, about the continuing need for support after the child becomes an adult. In that event, child support is likely to be ordered to continue indefinitely. It will be up to the obligor to seek a court order terminating support in the event the child/adult becomes capable of self-support.   However, it is not always possible to determine whether the child will need support beyond the completion of high school. If...

Tessmer Tips / 04.02.2016

Medical treatments and therapies are often part of the daily routine for parents who have a child with a disability. For children with medical conditions such as cerebral palsy, orthopedic impairments, or serious health conditions, critical decisions include obtaining ongoing medical care, administering medication, making periodic appointments with health care professionals to monitor physical conditions, and granting consent to invasive procedures. Because needed medical services may be more frequent and involve additional expense, parents need to agree about who makes decisions involving invasive procedures, how each parent is included in the decision-making process, and how information is shared when needed...