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February 2015 Archives

Arkansas high net-worth couples could benefit from legal advice

Divorcing residents of Pulaski County, Arkansas, might agree that besides child custody or monetary spousal support, property division is among the most contentious divorce issues. Matters can result in even more conflict if one spouse has considerably higher assets because the financial stakes become much higher for the other spouse. High assets could be in the form of cash, stocks and bonds, businesses and properties. Often when so much is at risk, many spouses try to hide assets from each other.

Retirement funds biggest overlooked asset in property division

Dividing property can be the most complicated part of any divorce. Arkansas law requires that all marital property be equitably distributed before a divorce is finalized. Marital property includes all assets and debts that a couple has accumulated during the marriage, all business assets and even individual retirement accounts. Too often, though, individual retirement accounts are overlooked by separating spouses.

Hamm alimony case disposition could be months away

Any Arkansas resident who has gone through divorce knows how painful it can be, even if the couple's assets were nothing out of the ordinary -- perhaps a house, cars, bank accounts and retirement plans. Now imagine the anger that might come with dividing millions of dollars in assets. Now, further imagine the deep resentments if that amount were multiplied again by thousands. This is the magnitude of the dispute between oil billionaire Harold Hamm and his ex-wife Sue Ann Arnall over his net worth and how much he might owe her, if she wins an alimony appeal.

Helping parents make informed decisions about child custody

In divorces involving minor children that take place anywhere in the country, including Arkansas, children often lose the most. If their parents are fighting before, during and even after the divorce has been finalized, children can feel insecure and anxious and dread the new changes in their lives. Divorcing couples might move from love to anger and resentment, but their children often are heartbroken and sometimes resentful that they will no longer live with both parents under the same roof.

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Worsham Law Firm, P.A.

Worsham Law Firm, P.A.
320 Executive Court Suite 306
Little Rock, AR 72205

Toll Free: 888-851-4282
Phone: 501-588-8120
Fax: 501-228-5399
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