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Author Archives: Walter M. Sanchez
Understanding the importance of the lost wage claim element
Personal injury claims after an auto accident in Louisiana are typically composed of several elements pertaining to financial recovery. The first damages claimed are the medical bills generated by treatment for the injuries along with physical property damage when the injured party is an owner…
Grandparents and obtaining custody of their grandchildren
A Louisiana judge may grant a grandparent’s request to obtain visitation rights to a grandchild. However, this is only true if it would be in the child’s best interest to maintain a relationship with that extended family member. Is the child in danger? A grandparent…
Same-sex child custody in Louisiana
During a divorce, parents should strive to create a custody plan that fits the family’s needs and supports the child’s optimal well-being. State laws also guide decisions about child custody, including cases involving same-sex couples who have children together. Review the factors that influence custody…
What is the different between joint and shared custody?
In Louisiana divorces involving children, the courts sometimes must decide on custody arrangements based upon the best interest of the children. Some of the factors that impact “best interest” include the mental and physical health of each parent, the ability of each parent to provide…
3 reasons to consider an uncontested divorce
If you and your spouse have chosen divorce, figuring out how to move on with your separate lives may be just as stressful as the decision to separate in the first place. In addition to anxiety about your own financial future, you may worry about…
What happens to home equity when you divorce?
When you and your one-time partner own a Louisiana home together and make the decision to split, part of the process involves figuring out what to do with any home equity you have. For many couples splitting up, the shared home is among their most…
Financial issues to consider when ending a marriage
Generally speaking, a divorce will have a profound impact on your finances both now and in the future. As Louisiana is a community property state, you could lose roughly half of your net worth in a final settlement. Furthermore, you might also be responsible for…
Divorce, property division and the fate of your business
Your family business is probably your major asset and it will become the focus when you reach the property division phase of your divorce. While you cannot split the business in literal terms, you and your spouse do have choices when deciding its fate. Here…
Importance of QDROs when dividing retirement accounts
Many divorcing individuals in Louisiana have 401(k) plans, IRAs or pensions that they have built during their marriages. Like other types of marital assets, the amounts contained in retirement plans are the community property of the couples and subject to division. Dividing a retirement plan…
Child custody and support issues for same-sex couples
aWhile the Supreme Court’s decision in Obergefell v. Hodges meant that same-sex couples are free to marry in Louisiana and throughout the U.S., many states have not caught up with the establishment of equal rights in other related areas. Same-sex couples who share children may…
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