Category: High Asset Divorce
Is alimony as we know it coming to an end?
According to a recent article in Forbes, judges all over the country are beginning to shy away from alimony orders during divorce proceedings. Permanent alimony awards especially are becoming a thing of the past, the article said, as more judges are deciding to limit the length of spousal support and taking a more strategic approach
What is the difference between active and passive appreciation?
Welcome back. In our last post, we introduced the concept of “appreciation” in terms of defining marital property during a divorce case. We explained that in the divorce case of billionaire oilman Harold Hamm and his estranged wife Sue Ann, the difference between active and passive appreciation could be worth billions. That’s because Hamm started the
Estranged husband rejects divorce settlement from Shepherd
Sherri Shepherd and her estranged husband have been in the middle of a dispute over child custody and finances. Most Alabama fans are aware that Shepherd and her estranged husband enlisted a surrogate to carry their newborn baby boy. Shepherd recently offered him a divorce settlement for $100,000, but he refused. According to reports, Shepherd’s
How Alabama spouses can survive divorce
Divorce is a challenging experience for most spouses. Not only is divorce emotionally challenging, it can also be financially challenging for Alabama spouses. There are ways that divorcing spouses can protect their credit and survive divorce. It is essential for spouses to have accounts in their own names and have their own credit once their
Beyonce and Jay Z could be headed for divorce
It has been reported that Beyonce and Jay Z’s marriage has been over for a while, but they have maintained an image for years. The spouses reportedly agreed to engage in an open relationship, and their marriage may have included affairs with other individuals and Jay Z’s wandering eye. Alabama fans may be interested in
Divorce and the impact on Social Security
Believe it or not, the older generation is more prone to divorce when they start their retirement years. A divorce for Alabama spouses could mean a difference in their Social Security benefits. Sometimes, the amount received and the timing could be influenced by several factors. One factor that can have an effect is divorcing prior
Mariah Carey and Nick Cannon headed for divorce
Recording artist, Mariah Carey, and the host of America’s Got Talent, Nick Cannon, have been married for several years, and they seemed inseparable to most. Many Alabama residents may be aware that the couple is on their way to a divorce. In fact, Nick Cannon has stated that he cannot wait. The couple became ready
Strategies parents can use to tell kids about divorce
Ending a marriage is by far no easy task, especially when kids are involved. Even if it was the last resort, kids tend to take a divorce as a devastating occurrence. There are things Alabama parents should consider before breaking the news to their children. The first thing parents may want to do is to
Mistakes spouses could be making during divorce
Most of the time when couples divorce, their main concerns are child custody and finances. Alabama courts will tend to seek out the children’s best interests before addressing property matters. When property matters are addressed, the court is required to have a fair property distribution for spouses. However, there are mistakes some may possibly make
Divorce parties are on the rise
In regard to ending marriage, divorce parties have been increasing in popularity. The average divorce party in Alabama can cost approximately $25,000. Instead of moping around, recently divorced individuals have started to celebrate their newfound freedom. Specialists, including bakers and event planners, have observed the increase in divorce parties throughout the years. People getting a