Many spouses are faced with an important decision before finalizing their divorce. If they were the primary breadwinner during the marriage, they will most likely be required to pay alimony. Although they may have no control over this matter, they do have some degree of control when it comes to how they pay. Spouses can…
DetailsMany spouses invest in precious metals. This type of investment may not be as exciting as cryptocurrencies or as fast-paced as stocks, but they do offer a relative degree of stability. After all, precious metals have real, tangible value. Even if the stock market collapsed and people were using wheelbarrows filled with money to buy…
DetailsHigh net worth couples often have assets across the entire world. Offshore accounts are now quite common, and this is one of the most popular ways in which various individuals attempt to conceal income and avoid taxation. In addition, many families own properties around the world. So what does this all mean during a divorce?…
DetailsAmerica is one of the only nations that gives property owners rights to the minerals found on their land. This allows average citizens to “strike it big,” earning significant royalties after oil companies come in and start profiting from the deposits. This all sounds great, but what happens when a divorce is thrown into the…
DetailsToday, bitcoin is no longer an obscure investment option for a few fringe netizens. Cryptocurrency is now a truly mainstream phenomenon, and many individuals are jumping on board the virtual currency train in the hopes of earning a fortune. But what happens when you get divorced with millions of dollars in your bitcoin wallet? Is…
DetailsIn May of 2021, it was reported that Bill and Melinda Gates had filed for divorce. Citing irreconcilable differences, the high-tech power couple are set to embark on what may be the most expensive divorce in world history. The pair have been together for many years, and it is clear that each has played a…
DetailsThe concept of illegitimate children has been a tricky issue for thousands of years. Kings and queens have inherited entire empires despite rumors of their illegitimacy. While there probably is not an empire at stake when most couples in the U.S. split up, inheritance remains a key issue. Many fathers may believe that they are…
DetailsIn many ways, it can be argued that alimony is a slightly archaic concept. In the past, alimony was rather straightforward. The man of the house always earned more money than the woman, and so alimony was simply monetary compensation from the man to the woman after the marriage had ended. These days, it is…
DetailsWhile the legal system strives to protect individuals who want to divorce their spouses, there are some factors that are difficult to enforce. One clear example is financial manipulation. Spouses can often feel trapped in abusive marriages when they are led to believe that divorce would lead to their financial ruin. A financially abusive spouse…
DetailsIn an ideal world, determining marital standard of living would be relatively easy. Courts would simply assess the lifestyle enjoyed by both spouses and use this as a basis for alimony and child support payments. Unfortunately, things are not always so simple in the highly contentious world of divorce. This is especially true when dealing…
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