James H. Snyder Attorney at Law
Call today (865) 981-4966

Alcoa Tennessee Family Law Blog

Understanding the types of child custody

Reaching a child custody agreement can be a confusing and difficult time for a parent. Everyone wants what is best for their child, but the process may be fraught with emotion. Factor in the complex nature of the court system and any parent may feel overwhelmed.

The custody process will seem much more manageable once you know the various types of child custody. It can also help you determine the custody arrangement that is best for your family. These are the four different types of child custody:

What is “Divorce Day,” and is it real?

The Christmas tree has been taken down, the New Year’s party hats are packed away and things are settling back into a normal routine. Does the post-holiday season tend to give you the blues? If yes, then you are not alone. In fact, the first weeks of January tend to make a lot of people feel down—but not necessarily for the same reasons.

The first Monday of January often sees a spike in the number of couples who head to their lawyer’s office for a divorce. In fact, this occurrence has become so prevalent that many people refer to it as “Divorce Day.” So, is Divorce Day really a thing, or just a popular myth?

When divorce mediation just won’t work

Let’s face it, the word “divorce” has some pretty negative connotations. Of course, this isn’t true for every couple. Some couples are able to divorce amicably by using a relatively painless mediation process. For other couples, though, the d-word’s negative connotations are more than justified.

Some divorces are bound to be acrimonious. Perhaps you and your spouse are getting a divorce, and the process has already gotten contentious. No matter how much you would love to mediate your divorce privately, it might not work that way for you. If you and your spouse are armoring up for a divorce, you should be forewarned that there are a few situations in which mediation just won’t cut it.

How should I value my house in a divorce?

The marital home is unlike any other asset in a divorce. For one thing, it is probably one of the largest assets that you own. For another, you and your spouse may both have your names on the deed. When you are dividing property in a divorce, you will need to put extra consideration into how to deal with your home.

The first step in deciding what to do with the marital home is to have it accurately valued. There are a few different methods that you can follow, each with benefits and drawbacks. If you are divorcing, you should know these common ways to value a house in a divorce.

Divorcing? Ask yourself these important questions

Divorce is full of uncertainty. After building a live with your spouse, you may be wondering what lies in the future. No doubt, you have a lot of questions on your mind. There are some questions that are more important to ask than others-- questions about legalities, finances and the divorce process. We have compiled a list of some important questions that you should ask yourself if you are getting a divorce.

 

How a will can keep your wealth in the family

Financial planning is an excellent tool for managing your wealth and mapping your future. It is also a tool that you can use to care for your entire family. By incorporating smart financial planning into your will, you can ensure that the wealth you have accumulated goes to your family members.

If you are wondering how you can use your will to keep your wealth within your family, we have compiled a list of simple suggestions that you can follow.

The division of financial assets: What comes into play?

If there comes a point when divorce is on your mind, it's only natural to turn your attention to the division of property (both assets and debts).

While most people find that there is a lot to divide, some assets garner more attention than others. For instance, the division of financial assets is always at the top of the list.

If you have children, you should have a will

Most people think of wills as documents that are meant to distribute property after someone dies. That is indeed one important aspect of a will, but there is another that many people have never thought about: The ability of a will to determine how your child will be cared for after you are gone.

Life is unpredictable, and if you should die unexpectedly, your will is going to be a major factor that influences the future of your family. In this post, we’ll go over some of the things that a will can do for your children, and how you can make a will of your own.

Don't make these 10 mistakes in your divorce!

1. Agreeing to anything just to get the divorce over

Rationally analyze the terms of the divorce agreement, and do not hastily agree to anything just to speed up the process.

2. Giving up more than you should because you feel guilty

Perhaps you feel guilt about the end of the marriage, but this does not mean that you should cede territory just because of your emotions.

3. Letting anger control you

Anger is another common emotion in a divorce. It is perfectly natural, but do not let it cloud your better judgment.

4. Hiding assets

Trying to hide property can be considered fraudulent, and it will only end up hurting your case in the long run.

5. Failing to keep accurate records

You will need to make a detailed inventory of your assets--if it is not accurate, you could end up losing major assets.  This is particularly true if you are not in the primary marital residence or if assets are distributed geographically.

6. Ignoring tax consequence

Nobody likes to think about taxes, but your divorce could have significant implications for your taxes.

7. Not investigating fully

It is often wise to invest in a skilled attorney, financial adviser or even private investigator to aid you and prevent any oversights that will cost you down the road.  Proper preparation is essential.

8. Taking friends' advice

Friends are great support during a divorce, but you should not rely on their advice in place of legal counsel.

9. Picking a fight

Divorce can be contentious, but being overly aggressive can ultimately cost you bargaining power.

10. Hiring the wrong lawyer

When selecting an attorney, go with someone who has experience in divorce law and is familiar with your local and state laws.

Why compromise is key between parents during the holidays

These days, it appears that retailers completely ignore the Thanksgiving holiday and simply jump to Christmas. Not only will you see holiday decorations at malls, and "pre-holiday" deals peppering advertisements. While the holiday season is supposed to be "the most wonderful time of the year," it may be difficult to buy into that statement when you have to co-parent with someone with the sensitivity of the "Grinch Who Stole Christmas." but even the evil Grinch showed that he had a heart...eventually.

This is why we want to focus this post on the importance of compromise.  It is critical for divorced and separated parents to understand that the holiday season is not necessarily about them. Rather, it is about the children and creating memories for them that will last a lifetime. As such, parents should be mindful of scheduling time with the kids around events where they (they kids) are the center of attention.  

James H. Snyder Jr | 345 South Hall Road | Alcoa, TN 37701 | Phone: (865) 268-9907   | Map & Directions