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June 2019 Archives

Anyone can start an offshore account

In the lead-up to your divorce, a family friend warns you that one of the more common ways that people try to hide assets is by putting them into offshore bank accounts. They then "forget" to disclose those assets, which don't show up on their traditional bank statements. The friend advises you to carefully look into all potential places where assets could be held so that you get your fair share.

Pre-marriage student loan debt is separate property

Since many people get married in their mid-to-late 20s, they often bring student loan debt to the marriage. They may have just graduated in the last few years, and they each have loans to pay back. As a married couple, they work together on making those payments.

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