Agreements in Fulton County

by admin on November 6, 2010

Divorce settlement agreements in Atlanta Georgia

A divorce settlement is the best way to go, if the husband and wife can reach an agreement—either on their own or with the help of a mediator. With this, the parties are sure to get what they want as far as custody, visitation and assets are concerned. If an issue such as visitation is determined by the judge, the parties may not like the schedule the court orders—but the court is going to do what is in the best interest of the minor children. In a divorce settlement, the parties can keep the properties and liabilities each one wants, and offset the inequitable distribution with another asset or a property that can be easily distributed between the two spouses such as a savings account, which is much easier to divide than a retirement account. Also, tax consequences should be considered while working up a settlement. It is possible that one party is in a better position to pay taxes on a certain asset, and would therefore take that property. If the case should go to litigation instead, the court can award the other party that particular property, and that party may end up losing the property due of tax ramifications. In a divorce settlement, as the parties created the agreement, they are more likely to abide by the agreement, instead of a court order awarding issues to the spouse that did not want certain issues. This in turn keeps the parties out of court to litigate a noncompliance after the entry of the final order.

For assistance help with a Atlanta divorce contact a family law attorney Atlanta GA

Serving clients throughout the Atlanta metro area, including Atlanta, Roswell, Cobb County, Gwinnett County, Fulton County, DeKalb County, Johns Creek, Dunwoody, Redan, Duluth, Lawrenceville, Snellville, Alpharetta, and Mableton, Georgia.

Previous post:

Next post: