Many divorce lawyers talk about “leverage” during divorce negotiations. Generally speaking, this information can help one spouse gain an advantage over the other. When used effectively, leverage can force the other party to make concessions or settle. But what exactly is the difference between “leverage” and “extortion” in a divorce negotiation? Are these two concepts really so different?…
DetailsMany spouses across the United States earn approximately equal incomes. While there are still legitimate discussions worth having about so-called “glass ceilings,” the trend is clear: An increasing number of women earn about the same as their husbands. While this evolution may surprise some, it shouldn’t have a significant effect on our society. For many…
DetailsAccording to the Chicago Tribune, about 10% of all US families own a vacation home, a campsite, or a plot of vacant land. Many spouses love getting away for a weekend at the cottage or cabin, but what happens in the event of a divorce? Dealing with these second homes may be more complex than many…
DetailsSome celebrities seem to settle their divorces with much greater ease than others. Are these celebs simply more willing to collaborate, compromise, and negotiate with their exes? Or is this higher success rate caused by high-profile (and high-cost) divorce lawyers working tirelessly behind the scenes? Every divorce is slightly different, and perhaps it is not…
DetailsAccording to Federal Reserve data, 60% of Americans hold equities. The same Federal Reserve data indicates that approximately 60% of Americans hold real estate. During a divorce, spouses are likely to fight over at least one of these asset types. In many divorces, however, both assets are “on the chopping block.” Assuming that real estate assets are…
DetailsPaul McCartney’s divorce from Heather Mills was one of the most notable splits of the 21st century, and it ended with a considerable payout for the latter. As a leading member of perhaps the most popular music group in history, McCartney’s divorce was bound to attract attention. But the exact details of this divorce made…
DetailsMany Americans today own professional practices. There are about 1.4 million accountants nationwide, with many of these individuals owning their own firms. Lawyers follow closely, with about 1.3 million attorneys operating in the United States. Many of these lawyers own their own firms. The same goes for many medical professionals. About 200,000 dentists span the…
DetailsEconomic uncertainty rose on February 21, 2024, after Jeff Bezos dumped $8.5 billion of Amazon shares. Immediately, people started asking questions. Does Bezos know something we don’t? Why would he cash out in such a spectacular manner? What does this mean for Amazon? What does it mean for America? Could this spell the end of the tech-driven…
DetailsMost celebrities today sign prenups prior to marriage, and this strategy offers clear advantages. That being said, various celebrity spouses still settle their divorces like us “normal folk” – and some even take their disputes all the way to the courtroom. Why do so many celebrities choose prenuptial agreements, and could normal settlements be…
DetailsIt might seem incredible that religious violations, financial crimes, and divorce could all combine into one legal proceeding. However, this is possible not only in the United States but also around the world. We often forget that many of our laws are tied in with religion, especially when it comes to marriage and divorce. After…
Details