Going through a divorce is stressful enough, but the coronavirus pandemic spreading throughout the United States presents additional complications for spouses who have decided to split. In addition to changes that might need to be made regarding custody and visitation arrangements while travel is restricted, negotiations over property division need to address any new economic circumstances. For example, the value of investments or business shares should be reviewed and possibly downgraded. Moreover, the stimulus checks that many Americans will receive under the Coronavirus Aid, Relief, and Economic Security (CARES) Act are assets that will become part of a couple’s marital estate and be subject to distribution among the spouses when the marriage ends.
If you’re ending your marriage or are legally separated and are unsure about how you will receive your disbursement from the government, here’s what you should know:
An experienced divorce lawyer can advise you about the distribution of federal stimulus payments and any other assets during the course of a marriage.
Tucker Griffin Barnes P.C. represents clients in all types of divorce proceedings. For a consultation, please contact the firm online.
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