Family law lawyer Dan Murphy advises divorcing parents to understand assets, debts, child support and alimony to ensure children’s needs are met fairly.
Orem, UT –News Direct– KISS PR Brand Story
Divorce can be a challenging and emotional journey, necessitating careful consideration of its financial implications. Renowed Edmonton Family and Divorce Lawyer, Dan Murphy, offers his invaluable insights on navigating the financial aspects of divorce and prioritizing the well-being of your children.
One of the primary concerns in divorce is the division of assets. “It’s crucial to have a comprehensive understanding of your assets and debts before commencing divorce proceedings,” advises Murphy. “This encompasses bank accounts, investments, real estate, and retirement accounts.” Collaborating with a financial advisor or lawyer ensures an equitable division of assets.
Child support and alimony are also critical considerations. “These are often contentious issues in divorce cases,” states Murphy. “Understanding your state’s laws and working
