Offshore Assets in a Divorce

High 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?…

Details

Illegitimate Children, Divorce, and Finances

The 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…

Details

Determining the Genuine Marital Standard of Living

In 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…

Details