Divorce has a way of shaking up your life. Even if you’re confident that it’s the right decision, it will cause you to question your past relationship and future. And when you begin to do that, it’s natural for an extreme amount of stress to take over.
Dividing retirement accounts can add complexity to your divorce. You may hold these in your name alone. But if you added funds – or if they increased in value – during your marriage, you must split any gains with your spouse.
Divorce can be all-consuming. You can become so focused on the immediate that you forget to consider the long-term picture. Much the same way that your wife became so concentrated on growing the business that she seems to have forgotten about you and the children.
Arizona is one of only nine community property states. As such, Arizona law holds that, generally, all assets you and your spouse acquire during your marriage become marital property that belongs equally to both of you, regardless of which of you actually acquired or paid for it.
