Finances

Five Money Issues That Can Destroy Your Marriage

by Norris Law Group on April 24, 2014

Arguments about money can be a harbinger of upcoming divorce, especially if these arguments occur early in a marriage. Ben Luthi cautions married couples about five separate financial issues which can negatively impact marriages in an April 18, 2014 article in the Deseret News. Debt. Many people enter marriage with some sort of “financial baggage.” Debt […]

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Personal Finances During or After Divorce

by Norris Law Group on December 24, 2013

If divorce has become part of your life, you may find yourself in a period of emotional upheaval. It may be easy to forget about more practical, day-to-day matters, such as personal finance. It is important, however, to “take care of business,” no matter what situation your relationship may be in at the moment, especially […]

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When Business Becomes Personal

by Norris Law Group on December 23, 2013

All businesses face challenges—and family business are no different. One major difference in family businesses may be that very close, personal relationships are likely involved, and this can impact the business significantly—especially when things go awry, as examined in a 2013 article in The Guardian. Jeremy Shulman, founder and senior partner at Shulmans LLP, a […]

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How to Protect Your Business in a Utah Divorce: Part 2 of 2

by Norris Law Group on December 19, 2013

In our previous blog, we discussed the differences in how the state of Utah views marital and non-marital property, such as real property (homes, rental properties) and other items such as gifts to one spouse or the other.   Then, there may be “the family business.” If you own a business and you and your […]

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Controlling Holiday Spending (and Arguments about Money!)

by Norris Law Group on December 17, 2013

You and your spouse may spend more money during the holidays than during any other time of year—and this can lead to conflict. Michelle Bender, a NYC mother of two and contributor to Parenting Magazine, provides some suggestions as to “How to Argue Less About Money in Marriage,” citing the oft-used statistic that arguments about […]

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The Most “Wonderful” Time of the Year?

by Norris Law Group on December 16, 2013

As the season marches on, you may be attending parties full of couples, and seeing happy families enjoying holiday activities together. But if you are considering a divorce, or are even in the divorce process, you may be thinking that this “time of the year” feels anything but “wonderful.” In a blog reprinted in the […]

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Fights Over Money Often Lead to Divorce

by Norris Law Group on December 12, 2013

A July 2013 article in the Deseret News examines research by Jeffrey Dew, a professor in the Department of Family, Consumer and Human Development at Utah State University which found that money really is a driving factor of arguments in marriages. Dew collected data for a study entitled “Examining the Relationship Between Financial Issues and […]

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What is a QDRO? Do I Need One?

by Norris Law Group on December 11, 2013

According to the US Department of Labor, a Qualified Domestic Relation Order, or QDRO (pronounced quadro), is a “judgment, decree, or order…” that is made pursuant to state domestic relations law [and] to the provision of child support, alimony payments, or marital property rights for the benefit of a spouse, former spouse, child, or other […]

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