Timothy W Durkin’s Guides

Timothy W Durkin

Phoenix Family Law Attorney.

Contributor Level 13
  1. The Stay-at-Home Divorce Paradox

    Written by attorney Timothy Durkin, 12 months ago.

    According to AARP and other organizations, the majority of divorces an estimated two-thirds or more are initiated by the wife. The reasons for this are many, but they typically come down to emotional neglect or abuse, or a combination of the two. For stay-at-home wives, this ca...

    1 person found this Legal Guide helpful

  2. Divorce Might Affect Your Finances More than You Would Think

    Written by attorney Timothy Durkin, about 2 years ago.

    Most people are already aware that the fees that come with a divorce settlement can be costly; attorney fees and other basic legal expenses are enough to stress someone with an average income. But its when unexpected things occur to escalate those fees, can divorce ruin someones ...

    2 people found this Legal Guide helpful

  3. Doctors Facing Divorce in Arizona

    Written by attorney Timothy Durkin, over 2 years ago.

    When doctors with substantial assets and reputations file for divorce, they can put their financial well-being at risk. Under Arizona divorce law, a working doctors medical practice can be seen as community property in a divorce. Any investments, earnings or property that was obt...

    1 person found this Legal Guide helpful

  4. When Separate Property Becomes Commingled in AZ Divorce

    Written by attorney Timothy Durkin, over 2 years ago.

    Separate property can turn into community property when assets become commingled during the course of a marriage. The process of commingling can occur when: - community funds and separate funds are deposited into a joint bank account;- community funds and separate funds are combi...

    1 person found this Legal Guide helpful

  5. Arizona Business Ownership and Buyouts for Divorcing Spouses

    Written by attorney Timothy Durkin, over 2 years ago.

    When divorcing spouses have equal ownership in a business, yet do not want to stay in business together once their dissolution is finalized, what happens to the business? In a state like Arizona, which recognizes community property law, parties to a divorce have a couple of diffe...

    1 person found this Legal Guide helpful

  6. Arizona Divorce Property Division

    Written by attorney Timothy Durkin, over 2 years ago.

    Arizona divorce law was founded on the principal of community property. This means that anything and everything acquired during a marriage, including antiques, paintings and jewelry can be split right down the middle in a divorce. Family businesses, as well as stock options, reti...

    1 person found this Legal Guide helpful

  7. High-net Worth Phoenix Divorce

    Written by attorney Timothy Durkin, over 2 years ago.

    For spouses with a high-net worth, divorce in the Phoenix metro area can spell disaster for their financial status if they fail to take an objective approach to the dissolution process. In order to avoid complications, and make the dissolution process a whole lot easier on everyo...

    1 person found this Legal Guide helpful

  8. Arizona Child Support Agreements

    Written by attorney Timothy Durkin, over 2 years ago.

    Its not easy to find the magic dollar amount of child support that makes both divorcing spouses happy. In most Arizona divorce cases, the parent with primary child custody feels short-changed on child support payments. At the other end of the spectrum, it is common for the noncus...

    1 person found this Legal Guide helpful

  9. AZ Divorce Can Hurt Company Ownership

    Written by attorney Timothy Durkin, over 2 years ago.

    The average age of alter bound women in the U.S. is 30, and for men its 31. Since many successful people in their 20s and 30s are staying single longer and marrying later in life, wealth and money management is critical. And while no one enters into a marriage with thoughts of di...

    1 person found this Legal Guide helpful

  10. Arizona Divorce and Business Ownership: Important Factors to Consider

    Written by attorney Timothy Durkin, over 2 years ago.

    Dealing with these rough economic times can be tough on business owners. But throw a divorce into the mix, and things can get even more overwhelming. Oftentimes, parties to a divorce will make misinformed decisions based on their emotions. These mistakes can be detrimental to the...

    1 person found this Legal Guide helpful