Comingled Property in Divorce for Business Owners

Comingled Property in Divorce for Business Owners

In Thorup v. Thorup, 554 P.3d 329 (Utah Ct. App. 2024) the Utah Court of Appeals: (1) set forth a framework to help determine whether a separate asset had become commingled with the marital estate when the marital estate pays back a loan drawn from that asset; and (2)...
Divorce Modification

Divorce Modification

“The Only Thing That Is Constant Is Change” The ancient Greek philosopher, Heraclitus, could not have been more right, particularly when it comes to the financial circumstances and custody issues of divorced parents.  Change is inevitable. And because future changes...
Changes to Utah’s Alimony Laws

Changes to Utah’s Alimony Laws

As of May 1, 2024, there are some significant changes to Utah’s alimony law. The goal of alimony is to (1) get both parties as close as possible to the same standard of living that existed during the marriage; (2) equalize the standards of living of each party; and...
Need vs. Standard of Living

Need vs. Standard of Living

Because of the tight financial circumstances present in a divorce, some courts have become accustomed to using alimony to satisfy a recipient’s basic needs rather than attempting to help them reach the actual marital standard of living. Recently, the Court of Appeals...