For legal professionals who handle divorces, January can be a busy month. But why is there such a surge of divorce filings when the new year rolls around? Many factors may be to blame, and marriages often end due to a combination of things. However, the increased number of divorce filings in January is clearly…
DetailsDivorce proceedings can become incredibly heated as all kinds of wild accusations fly across the courtroom. But can a divorce trial actually send people to prison? While this is always technically a possibility, the reality is that spouses rarely see the inside of a jail cell due to the outcome of divorce proceedings. If they…
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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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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…
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When 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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Many spouses have questions about how child support and alimony might impact their taxes after a divorce. While many of these questions are relatively easy to answer, a few surprisingly complex issues may arise. Aside from child support and alimony, there are many other factors that might affect a spouse’s tax considerations during a divorce.…
DetailsNot only are “gray divorces” on the rise, but it also seems as though an incredible number of high-profile billionaires are ending their marriages in recent years. We have seen the breakup of high-tech power couples such as Jeff and MacKenzie Bezos and Bill and Melinda Gates, and now another prominent billionaire couple has joined…
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