Your approaching divorce may be inevitable, but that doesn’t mean you just want to move forward without a plan. The more you can learn about the process, the better you'll be prepared for the future. You also have to consider how you, personally, want to approach your...
High-asset Divorce
How do high-asset divorces work differently from others?
The end of Amazon founder Jeff Bezos' 25-year marriage in Jan. 2019 caught many people off-guard. The fact that his long-term marriage was irretrievably broken may not have surprised many people, but the staggering $137 million fortunate that he found himself needing...
Are there any alternatives to monthly alimony?
Reaching an agreement about monthly alimony payments can be a challenge in any divorce. If you expect to receive spousal support following your divorce it's smart to understand everything you can about the possibilities, problems and potential alternatives to monthly...
It’s very normal for couples to drift apart
Do you ever feel like you don’t really click with your partner the way that you used to? Do you feel like that spark is gone or like you’re drifting apart over time? It can be surprising. When you got married, you’d never felt closer. There hasn’t been any major...
What happens in the case of an irretrievable breakdown?
There is a lot at stake in a divorce, especially if you and your spouse share high assets. If there is no reasonable prospect of reconciliation, you or your spouse may file for divorce on the grounds of irretrievable breakdown. The court determines whether an...
How does a less than amicable divorce hurt your case?
Divorce can bring out the worst in people. It is not uncommon to face divorce and find yourself unable to think of one positive thing to say about your spouse. Your instincts may not be to fight every step of the way, but you may still want to dish out rude comments...
How do you know if your spouse is hiding assets?
Whether or not your marriage has hit troubled waters and divorce may be on your horizon, you should always be aware of your financial situation. Even if your marriage is not in trouble now, it might be someday, and your spouse may try to hide assets to muddy the...
How are alimony payments affected by the changes in the tax law?
As a result of the tax-law changes made in 2017, alimony and child support payments are no longer taxable for divorcing couples. Prior to the tax overhaul, some individuals had to claim their support payments as taxable income. For divorces finalized on January 1,...
Red flags on income tax returns may signal that a divorce is near
During tax season, a married individual may uncover signs that indicate a spouse plans on filing for a divorce. Accountants generally take notice when couples who usually file income tax returns jointly as a married couple suddenly change their status to separate...
What happens to the horse after a divorce?
The 2013 film “Penny and Red: The Life of Secretariat’s Owner” revealed a love affair between the owner of the Triple Crown winner and the horse’s trainer. The extramarital affair led to the horse owner’s eventual divorce from her husband. The film raises an...