When spouses seek to divorce celebrities or high-net-worth figures, they are often accused of doing it “for the money.” In order to dispel these rumors, some spouses announce that they are planning to donate their divorce settlement to charity, making it clear that they were not motivated by financial goals when ending their relationships. One…
Details
It is no secret that a divorce can reveal considerable financial information about a spouse. Due to the property division process, a litigated divorce essentially forces spouses to reveal virtually every little detail about their wealth. This includes their income, their tax information, their assets, their inheritance, and their debts. In most cases, these details…
DetailsThe slow but steady popularization of digital assets is starting to have a notable effect on divorce law in the United States. Once a rarity during the property division process, cryptocurrencies have become a fairly normal subject as spouses split their assets in the best way possible. For attorneys who have never dealt with this…
DetailsWith the eyes of the world fixed squarely on Vladimir Putin, it is interesting to explore his personal life in more detail. To be fair, very little is known about the Russian leader, and his private life is somewhat of a mystery. That being said, we do know that he divorced his first wife, Lyudmila…
DetailsEveryone knows that divorce can trigger considerable tax issues. With high-net-worth assets switching hands and property of enormous value being sold, this is definitely something spouses need to keep in mind as they end their marriages. Financial experts can help them limit these tax issues in a number of different ways, and lawyers also have…
Details
Financial issues can quickly spiral out of control in American divorces, leading to significant legal problems, disputes, and controversy. In the case of one ex-wife in Detroit, a financial situation led to her arrest. That was just the beginning of this stunning story, and now the tables have turned. It is her ex-husband who is…
DetailsIn the modern era, observers are often all too quick to claim that women receive preferential treatment from US courts. Fathers often complain that mothers seem to receive primary custody as a matter of course, and others argue that the entire concept of alimony is an antiquated process that serves women while placing unnecessary financial…
DetailsHulk Hogan has recently announced that he is divorcing his wife. The court documents provide an interesting look into the end of a celebrity marriage, and some of the most interesting information involves property division. In many ways, a celebrity divorce is not all that much different from any other divorce. There is, however, a…
DetailsIf you are a high-net worth individual, you need to be very careful about how you pay for your divorce attorney. There are complex laws regarding when and how corporations can pay for divorce-related legal fees, and you need to be very careful about how you approach this situation. If the company is publicly-traded, the…
Details