Monthly Archives: August 2018
Back-to-School and Co-Parenting
Back-to-School and Co-Parenting
It might seem as though the time has flown by, but the summer holidays have ended, and autumn is right around the corner. And from the shelves overflowing with notebooks and pens to the demand for new clothes and backpacks, it is abundantly clear that it’s time for many children to head back to school. This is either fantastic or sad depending upon your perspective, however one thing is certain: it’s time to re-evaluate your boundaries, rules, and parenting arrangements with your co-parent.
Get Ready for the School Year
The new school year is a time of adjustment for many reasons. This can include your co-parenting approach, which might change according to your child’s new schedule and the new responsibilities they hold. It is important to make sure you have a good handle upon their school hours and what to expect regarding extracurricular activities. If you already have this information, make sure to share it with your co-parent so that everyone is on the same page and can work together to ensure your child’s success. You’ll also want to work out transportation details for school, extracurriculars, and parenting time in advance.
Revisit House Rules
Something else to keep in mind as the new school year dawns is that your child’s rules might change accordingly. Perhaps you have a new house rule regarding a bedtime, for example, that wasn’t in effect over the summer. It is a good idea to communicate with your co-parent to keep the rules consistent between both houses. Children benefit from structure and keeping the guidelines surrounding their personal and school lives clear from parent to parent can help them thrive.
Communicate with the School
Finally, it might be a good idea to reach out to your child’s school. Being able to speak clearly and honestly with your child’s instructor is always a good idea, and it can help them better understand your child’s needs. Keep in mind that teachers who understand the potential struggles your child might face can serve as your child’s allies by keeping an eye on them and reacting to their actions and needs proactively. This might mean calling you to discuss problem behavior or simply re-directing your child during the school day. Either way, building a positive relationship with your child’s instructors is a good idea to pursue, and one that you could embark upon with your co-parent.
For more information regarding co-parenting and the new school year, as well as how to obtain an official parenting plan, contact the professionals at Abear Law Office today!
How to Create a Parenting Plan that WORKS!
Divorce is never easy, but it can get even more difficult when there are children involved. Even if you and your ex-spouse are as amicable as can be, it is essential you both agree on a parenting plan in case of any emergencies, changes in either one of your lives, or altered schedules. At the Abear Law Office, we understand you want the best for your child—and the best includes creating a parenting plan that covers all the important issues which may arise in the future. The best prevention is preparation, and our experienced divorce lawyers are experts in drafting parenting plans that include all the necessary precautions you should take.
The following are things to consider when creating a parenting plan, including but not limited to:
- Schedules, including weekends
- Summer, winter, and spring break schedules
- Your children’s birthdays
- Overnight stays
- Child care
- Rules for meeting new dating partners
- Car seat requirements
- Neutral drop-off locations
- Discipline methods
- Sleeping arrangements
- Parent-child communication
- Internet use
- Cell phone access
- Expectations regarding school activities, sports, religion, etc.
- Sleeping arrangements
- Third-party visitation
- Legal and physical custody decisions
- Post-judgment modifications
Contact the Divorce Lawyers Who Have Seen It All
Through years of experience and knowledge, our skilled divorce lawyers are equipped to handle the most complex of situations. We handle all aspects of divorce and family law with a strong desire to succeed and our client’s needs always come first.
To speak to a representative today, contact our office by calling 630-904-3033
Business Valuation and Divorce
Divorce is an overwhelming time even when the process is as simple and straightforward as possible. When one of the spouses in question owns a business, divorce can become an incredibly complicated affair. Remember that marital property is split during divorce proceedings, and your business might be considered an asset that belongs to the marriage – and, as a result, divided along with everything else. Business valuation, then, is often an important part of the separation process.
The real question, of course, is how exactly a business’s worth is determined. There a few different things to keep in mind when it comes to this particular process.
What structure is your business? There are a variety of different options, and each operates in a slightly different way:
• LLC: Also known as a Limited Liability Company, this kind of business is owned by members that can include corporations, individuals, foreign entities, and even other LLCs.
• Sole Proprietorship: This kind of business is owned by a single individual and is not incorporated.
• Partnership: A partnership refers to a business owned by multiple individuals who all dedicate their labor, skill, property, or money to the business and expect a portion of its losses and profits as a result.
• Corporation: This kind of business is owned by shareholders and its profit is distributed to these shareholders.
Determining the type of business you own is the first step in estimating its value. An experienced attorney can be incredibly helpful when it comes to this process, and might be able to help you ensure a fair and painless valuation.
Selling the Business
Once you understand the type of business in question, you can begin to figure out its value. One of the easiest ways to do this is by selling the business and then dividing the profits. This is a good option for individuals who are hoping to completely sever financial ties with their ex. It is most likely not a good option for individuals who want the divorce process to be a quick one, however, as selling a business can take quite a bit of time.
If you are hoping to avoid selling the business, as an aside, you can also opt to dissolve the business or buy out your spouse. The first option is another way to cut financial ties like credit or debt that is attached to the business. The second is, of course, the option to go for if you are hoping to keep the business.
Track Down Assets
Another important step in valuing your business is ensuring that you have located all of the relevant assets. This is a particularly difficult step, especially if you believe that some of those assets might be hidden. It is important that you reach out to an experienced attorney who has the skills necessary to carefully analyze your business holdings and determine likely “hiding” spots.
If you are contemplating a divorce and need help valuing your business, reach out to the professional team at Abear Law Offices! Our passionate team is ready to assess your case and start building a winning legal strategy today.