Equitable Distribution
Celebrating New Years and the Start of Divorce Month
The month of January typically sees the most new divorce filings of the calendar year, earning it the nickname, ‘Divorce Month.’ This week, the Huffington Post featured several articles about the overabundance of divorce actions being commenced at the start of a new year. In his article, When Divorce is a New Year’s Resolution,…
Read MoreSurviving the Holidays After or During a Divorce
The holidays are undoubtedly one of the most difficult times of the year for divorced and broken families. This is especially true during the first few years after the divorce when families are still trying to re-build and transition to the new family unit. This week, the Huffington Post featured a number of articles about…
Read MoreWhy You Should Consider Entering into a Prenuptial Agreement
This week the Huffington Post featured an article entitled, “Prenuptial Agreements for Peace of Mind and Post-Coital Bliss.” The article, co-authored by a family lawyer and a financial planner, focused on the potential benefits of entering into a prenuptial agreement with a future spouse. A prenuptial agreement is a contract entered into before marriage. The…
Read MoreSuing For Maintenance Payments Based on Money Earned AFTER the Divorce
This week, the Daily Mail featured an article entitled, “Hippy Turned Wind Farm Tycoon Worth More than £100m is Sued by His Ex-Wife for £2m he Made AFTER Their Divorce.” The article highlights an important case in England, which could have consequence for those who become rich post-divorce. In 1981, Kathleen Wyatt and Dale Vince…
Read MoreCouple Spends Over One-Third of their Fortune on Divorce Litigation Costs
Last week, The Telegraph, a British Newspaper, featured an article entitled “Couple Racks Up Legal Bills of Nearly £1m Fighting Divorce Battle (Over Assets Worth Just £2.9m).” To be clear, that is over $1.25 million spent on assets worth a little over $3.5 million; the couple has spent over a third of everything they have…
Read MoreEx-Wife of CEO Oil Tycoon to Appeal $1 Billion Divorce Award
On Monday November 10, 2014, Sue Ann Hamm, the ex-wife of Oklahoma oil tycoon Harold Hamm, was awarded more than $1 billion dollars as part of a divorce award. As part of the judgment, Harold was ordered to pay his ex-wife $995 million, plus their California ranch and their Oklahoma home, worth tens of millions…
Read MoreNationwide Changes to Alimony Laws
The Chicago Tribune featured an article last week that detailed a bill signed into law by New Jersey Governor Chris Christie that will effectively end lifetime alimony payments to former spouses. In sum, the law will limit the required time of alimony payments to be equal to or shorter than the duration of the parties’…
Read MoreHusband tricks wife into fake nuptials, divorces her, then takes apartment
The New York Post recently posted an article entitled “Husband tricks wife into fake nuptials, divorces her, then takes apartment.” According to the Post, when a New York resident and boutique owner went to file for divorce, she was shocked to find out that her 2010 wedding had been a sham. Her and her spouse…
Read MoreWill Fertility Be Included In Equitable Distribution?
As the medical field advances, new legal questions are posed. It is becoming increasingly popular for couples to consider various fertility options. The NY Times, in its article “Alimony for Your Eggs” considered what happens when couples who participated in fertility treatments, like freezing eggs, get divorced. New legal questions are posed as to whether…
Read MoreHome Inspections: Not Just for Potential Buyers, But Now For Potential Divorcees
Preferences Preferences No one wants to enter a divorce negotiation without full knowledge of the value of their marital assets. Being fully informed of this is both beneficial to the spouses involved as well as their attorneys. New York Times published “BUCKS; Home Work in a Divorce” written by Jennifer Saranow Schultz, which encourages divorcing…
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