Runyon & Runyon
  • "This little note is to say thanks for all you have done for me. You worked so hard to prove that we told the truth. However it turns out, I know you did your best."
  • "Thank you and the Runyon team for everything that you all have done for my son. I truly appreciate it."
  • "Thank you Mrs. Browning for all of your help, and if you could pass my thanks on to Ray. Your team helped more than you know. If you ever need to reach me for anything further ill be here.Thank you again."
  • " I can’t put into words how grateful I am for all you have done for me. Thank you for listening and understanding what I was going through...”
  • " Thank you for taking care of everything for me in a professional manner. The staff is awesome also!”
  • " I wanted to thank you for your support. You are the best attorney in Clarksville. I could not have done it without you”
  • " Should I need legal service again you will be my only one to call. Thank you so much”
  • " Ray took time out of his busy schedule to fit us in at a time of crisis on several occasions”
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December 2013 Archives

What do do with the finances after a split?

Tennessee is not a community property state, so splitting up assets after a divorce may not be easy. Living together and sharing belongings can also be tricky if there's a separation without prearranged documents to specify how to divide things up. Some attorneys say it's good to get a pre-nuptual agreement, especially if assets such as property, cars, homes and pets are involved. It is recommended that unmarried individuals living together should keep separate accounts as well as a household operating account. If property is purchased between the couple, it should be treated like a business arrangement.

Violence against women costs Tennessee $886 million

According to a study conducted by the Tennessee Economic Council on Women, Tennessee is ranked number three in the country when it comes to domestic violence homicides. In addition to the human tragedies that are occurring, the violence also impacts the state economically to the tune of about $866 million per year. In 2012, Tennessee spent or lost that amount of money due to such things as health care payments and lost wages. Additionally, operational spending in the Department of Children's Services was impacted by crimes committed against women.

Sticky divorce questions in Tennessee

When a husband and wife divorce, an agreement that they enter into that provides for the division of their assets is called a property settlement agreement. Some states have different names for this agreement such as property settlement, separation agreement, or property agreement. The laws regarding property settlement differ in each state, no matter whether the divorce is in Clarksville, or Montgomery, Tennessee, or in another state, the property settlement decree is meant to be followed if possible. Property division is looked upon seriously by the courts. That said, there could be extenuating circumstances.

Tennessee divorce may result in high tax bill

Tennessee is one of the equitable distribution states, which means that a court has a great deal of leeway in deciding how marital assets are split. Most courts try to divide marital assets fairly, but judges can do nothing about the tax consequences of a divorce. In any such action, both federal and state tax rules apply to both spouses, meaning that couples may find themselves with certain tax consequences that they did not anticipate.

Divorce pro recommends retaining financial planner and mediator

Experts agree that in Tennessee and elsewhere, the process of divorce can be made smoother if spouses work together on financial matters instead of constantly arguing. Property division may never be easy, but drawing upon the expertise of a financial planner who's also trained in mediation may bring a more equitable outcome regarding shared assets and income. One expert says that financial issues make up a large portion of the emotional pain of a divorce, especially when it comes to one or both parties giving up the family home and moving into a smaller place.

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