In October of 2024, Fortune published an article about “rich people” who use secret trusts and LLCs to conceal assets from their spouses. The article states that although these methods were once reserved for the ultra-wealthy, they are now accessible to virtually anyone with enough cash and the right accountants. Many of the most popular…
DetailsWhile Hollywood celebrities often divorce in exactly the same way as average citizens, sometimes they encounter unique challenges – especially in the realm of property division. A recent Hollywood divorce involved a complex issue regarding intellectual property – and it led to a six-year dispute. Intellectual property is an obvious example of a “complex asset,”…
DetailsWasteful dissipation of assets is something that most divorce lawyers are familiar with. This concept refers to the intentional or reckless waste of assets during divorce, and it can come in many forms. Some of the most common examples include gambling away the family fortune, destroying shared vehicles, or smashing the kitchen cupboards. But even…
DetailsOver the past few months, various States and jurisdictions have made changes to their child support laws. Many states follow the same general trends, and this could provide clues as to where the rest of the nation is heading. Generally speaking, the goal of these changes is to put more funds in the hands of…
DetailsDivorce can cause people to do all kinds of insane things – including murder. These incidents occur at a staggering pace throughout the United States, and they are often motivated by money. It does not take a genius to figure out why a spouse might want their ex dead after receiving the divorce papers. Millionaires…
DetailsOnline dating now represents the most common way to meet potential spouses, according to a plethora of new studies. The rise of apps like Bumble and Tinder raises new implications for marriage and, ultimately, divorce. How does online dating affect divorce – specifically, the financial aspects of a failed marriage? These are questions that researchers…
DetailsOne of the most distinct qualities of our country is the fact that each state has the power to set its own laws. Many people forget that the United States was founded as a Republic of independent States, and this system allows people to control what happens in their local community through democratic processes. Although…
DetailsMississippi has become the latest state to adopt the Uniform Collaborative Law, a process that is becoming increasingly popular for divorcing spouses across the country. Many divorce lawyers are well aware of this alternative dispute resolution (ADR) process, and they understand its benefits. What kinds of changes can Mississippi divorce lawyers expect with this…
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