Divorce and Family Law Attorneys

50 Northcrest Drive, Council Bluffs, Iowa 51503

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Monthly Archives: September 2020

The Farm Divorce – Unlike Any Other

By Sep 30, 2020 Posted in Articles

Farmers, unlike regular business owners, are confronted with very complex issues involving  identification and valuation of assets merely by nature of the business they own and operate.  Many farm divorces consist of a farming operation that has been owned by a farm family for generations.  Now, one of the family members is faced with a divorce and the family may be confronted with a determination of how the “family farm” will be maintained.              Because […]

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What Happens to My Business During the Divorce Process? 

By Sep 22, 2020 Posted in Articles

  One of the main components of any divorce case is the equitable division of property, i.e., the assets and liabilities of the parties.  The property is classified as either separate or marital property, assigned a value, then allocated to one spouse or the other.  The value of the property is usually the fair market value as of the date of separation.  Some types of property, such as bank accounts or some retirement accounts, are […]

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Retirement Accounts in a Divorce Proceeding

By Sep 15, 2020 Posted in Articles

The State of Iowa requires each party in a divorce proceeding to disclose all of their assets and debts. Retirement accounts can be one of the largest, and most valuable, asset that a person owns. They may also be one of the more challenging assets to divide. If you or your spouse has a retirement plan, it may be subject to division in a divorce proceeding.  There are very specific guidelines when determining division of […]

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50 Northcrest Drive, Council Bluffs, Iowa 51503
Phone: 712.256.9899

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