When an ex-partner, who previously received alimony, enters into a new cohabiting relationship, the financial situation often changes significantly. This change may result in the original alimony arrangement no longer being suitable for the current circumstances. In such cases, the law provides the possibility to adjust or even completely terminate…
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The division of joint assets—such as the home, business assets, and other financial holdings—represents one of the most complex aspects of a divorce procedure. This stage requires a thorough analysis and an objective valuation of all relevant assets. Determining the true value involves not only assessing the current market value…
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At the beginning of a marriage, most couples hardly consider the possibility of divorce. Nevertheless, many choose to create prenuptial agreements—arrangements designed to define the division of assets and income in advance. These agreements are made with the goal of protecting the less affluent partner, for example by excluding certain…
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When one or both partners are entrepreneurs, the calculation of alimony takes on an additional dimension beyond that of traditional wage earners. Entrepreneurs often deal with income that fluctuates significantly and consists of various components, such as management fees, business profits, dividend payouts, and other forms of profit distribution. As…
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After a divorce, ex-partners may face two types of maintenance obligations: child maintenance and spousal maintenance. Child maintenance is aimed at ensuring the financial care and upbringing of the children, while spousal maintenance is designed to support the economically weaker ex-partner in building an independent life. Both forms are essential…
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