We have all heard the horror stories of parents being bankrupted by unreasonably high child support payments. Stories of fathers living in one-room apartments while their former spouse lives in a mansion with the kids. Tales of dads just barely scraping by and working three jobs to make their child support payments for their three…
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On November 23, 2021, it was reported that Lucille “Lovey” Handelsman had passed away at the age of 93. Legal experts know her as the woman who managed to wrestle away most of her husband’s holdings along Palm Beach’s famous Worth Avenue, and she died while holding the unofficial title of “Mayor of Worth Avenue.”…
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While divorces can be emotionally impactful for spouses in the United States, they can also be financially impactful. In fact, the financial consequences of a divorce can be felt long after the emotional consequences have faded away. Spouses attempt to mitigate financial consequences however they can during a divorce, and they do this in a…
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For most couples, their highest-value asset is their family home. Although many spouses wish to hold onto these assets, some agree that selling them is the best option. Many spouses believe that selling the family home is the quickest and easiest way to ensure that both parties are receiving their fair share of the family…
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Sometimes, the numbers that surround celebrity divorces are simply staggering. Many Americans might be shocked or impressed to discover that a couple is fighting over $4 million in assets during a divorce. For Dr. Dre’s wife, this number represents a drop in the ocean of a $1 billion estate she is currently fighting over in…
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The property division process is heating up as Kim Kardashian’s divorce continues. The reality TV star has agreed to pay $23 million for her own family home while Kanye West sells off properties of his own. Although this process is certainly not easy for either of these stars, it does provide an interesting look into…
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In an ideal world, spouses would handle their financial issues during divorce in a calm, measured, and logical manner. Unfortunately, an ending marriage can cause individuals to act in strange and illogical ways. Often, these emotional issues can cause spouses to make decisions that are detrimental to their overall financial well-being. If love can cause…
DetailsWhen spouses approach the property division process, the assumption is that they know more about their estates than any judge ever could. Although judges do their best to make the fairest, most equitable decisions based on all of the factors at play, the truth is that they can never understand the intimate details of the…
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