Precedent- Setting Asset Division
Financial testimony has just begun in the divorce of oil tycoon Harold Hamm from wife, Sue Ann Hamm. Harold Hamm established Continental Resources, a leading drilling company primarily based in North Dakota. Presently, Hamm owns a sizeable 68% of the company and many regard him as owning the most oil in the United States. While…
Read MoreThe Future Of American Divorce
While the practice of divorce is nothing new to the American family, people nationwide may soon be reshaping their idea of how divorce proceedings should occur. A recent New York Times article detailed a new project based in Sacramento, California that offered a “Do- It- Yourself” spin on simple divorce filings. While this concept may…
Read MoreEconomic Impact of Divorce
Various news publications have dedicated time and coverage to researching the affects of the recovering economy on divorce rates. The Washington Post recently reported on a study which concluded that contrary to popular belief, divorce rates have not in fact sharply declined since the mid- 1980s, but rather, have “flattened” among certain age groups. The…
Read MoreNew Study on Education and Divorce Rates
U.S New and World Report recently published an article that detailed a new report in the August issue of the American Sociological Review which admonishes the previously accepted notion that women who achieve a higher level of education than their spouse are more likely to file for divorce. The sample size surveyed for the study…
Read MoreHow To Tell Your Children You Are Getting A Divorce
The Huffington Post recently posted an article entitled “9 Tips for Breaking Bad News to Kids.” The authors offer advice to parents on how to tell their children that they are getting divorced. The first recommendation they give is to “write it out.” This is a very serious and emotional conversation that you will partake…
Read MoreParental Relocation
A recent New York case permitted the mother to relocate to Georgia with the parties’ child. The reason behind this decision is the court found that the mother established by a preponderance of evidence that the move was in the child’s best interest. The mother wanted to move to Georgia with the child because her…
Read MoreDivorce Rate Skyrockets for Long-Term Marriages
The divorce and separation rate for long-time married couples is at an all time high. AARP recently posted an article entitled, “Why Long Married Couples End In Separation Or Divorce?” AARP recently conducted a study on the sexuality of people aged 45 and older. One of the results of that study was that an extramarital…
Read MoreNY Courts Can Impute Parental Income
A recent New York Supreme Court case held that the court does not need to rely upon a “party’s own account of finances for child support purposes, but rather may impute income based upon the party’s past income or demonstrated earning potential” In Belkhir v. Amrane-Belkhir, the lower court did not impute income to…
Read MoreWho is responsible for children’s private school tuition?
A recent New York Supreme Court case, held that the court may direct a party “to pay educational expenses where appropriate and as justice requires given child’s best interests and circumstances of the case.” In this case, Kristina P. v. Joseph Q., the parties’ agreements and judgment of divorce were silent regarding the responsibility for…
Read MoreChange In Divorce Culture In America
The Huffington Post recently published a piece regarding the change in culture and mindset surrounding divorces in the United States in an article entitled “Divorce American Style is Changing.” As recent as 20 years ago, divorce used to be looked at as shameful and immoral. Any feelings of happiness surrounding a divorce had to be…
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