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Steps to protect your professional practice in a Utah divorce

Skilled and educated professionals who finish their education and secure all necessary licensing often have the choice of either working for someone else as an employee or developing their own business or professional practice. There's more risk but also far greater potential income and freedom involved in starting your own professional practice.

Doing so successfully can be a point of personal pride, especially if you have so far been able to support your family with the business you've built. Whether you are an accountant or a physician, your professional practice likely represents not only your professional aspirations but also your future financial stability.

Keep communication running smoothly during divorce

You want to get divorced, but you're also interested in mediation. You think that you and your spouse can sit down together, with a mediator, and work things out.

Moreover, that's what you want to do. You dread having a judge make decisions for you. You know that mediation allows you to make those decisions yourself, settling on the things that are best for the family, as long as you can work together and get along.

Advantages of mediation in divorce

In many cases, mediation is preferable to going to court, especially for child custody issues. Do not assume that you have only one option -- letting a judge decide -- when you opt to get divorced. Mediation may be a wise decision.

The idea behind mediation is that you get to stay out of the courtroom. You, your spouse -- who will shortly be your ex -- and your mediator sit down together and talk your way to a solution. When you go to court to officially complete the divorce, you just have them sign off on what you decided to do in mediation.

4 signs your spouse may be hiding assets

Given the uncertainty divorce often causes, leaving a spouse can be stressful. If you are thinking about ending your marriage, you may also worry about your financial future. Fortunately, Utah law allows you to receive an equitable share of marital wealth. 

If you and your partner are on good terms, reaching a settlement through divorce mediation may be simple. Nevertheless, if your spouse hides assets from you, you may not receive what is rightfully yours. Here are four signs that your spouse may be concealing assets in the leadup to your divorce: 

Your financial declaration is part of the mediation prep

If your marriage is coming to an end, you may dread the idea of a lengthy court battle and are strongly considering divorce mediation as another option.

If you prepare well, the process will go smoothly. Part of that preparation includes putting together your financial declaration.

Paternal rights in a Utah divorce

The divorce process can be difficult for families. However, when both parents work to remain in the child's life, it can be beneficial for the child's well-being.

Unfortunately, in regards to the father's parental rights, undergoing a divorce can have negative effects if the father does not take proper action. To that point, there are a few things to know about a father's paternal rights. 

When is divorce mediation not the right approach?

As you consider your options for divorce, you have probably thought about pursuing mediation, and for good reason. Mediation comes with multiple benefits, such as a lower cost, faster proceedings, more cooperation between you and your ex and less of an impact on your children.

While this approach is always easier the less complex and hostile the situation, mediation is not just for simple, amicable cases. It can work for high-asset couples, those with minor children and even people who do not get along if they are willing to try. In fact, it is mandatory in Utah to at least go to one mediation session if you have any dispute in your divorce. However, there are some instances in which mediation may not be the appropriate final choice.

Preparing for your divorce proceedings

Separating two parties that have been operating as one is not an easy process. However, that is what happens during a divorce.

If you are currently dissolving your marriage or considering it for the near future, it may be beneficial to begin preparing for it. There are a few key aspects you must consider.

How alimony works in Utah

Divorce brings many concerns, especially financial ones. How much will the divorce cost? How will you pay for it? Will you be able to support yourself on one income? A primary source of help or obligation may be alimony, or spousal support.

While the judge will order child support if children are involved, alimony is not a guarantee for every couple. Here is what you need to know about how Utah courts determine and manage alimony.

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