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Money and Assets

One Very Expensive Divorce in Russia

One Very Expensive Divorce in Russia

July 5, 2015

Many of the divorces that hit the newswires are from extremely rich people. The complexity of assets from multi-billionaires and the rich lifestyles they lead make these cases very hard to try. One Russian oligarch may be in for the world's most expensive divorce. The total payout could be more t...

Imputing Income in Divorce Cases

Imputing Income in Divorce Cases

July 2, 2015

One of the hardest things that a family law judge must decide is how to impute income. Imputing income is legalese for deciding how much income each party in a divorce case has and how much they are expected to make in the future. This information is used to decide fair amounts of spousal mainten...

Judge Reprimands Couple for Spending so much on Divorce

Judge Reprimands Couple for Spending so much on Divorce

June 25, 2015

Using the services of a divorce lawyer should be done judiciously to avoid high legal fees after a divorce is settled. The longer a divorce is dragged out, the more expensive it gets. Sometimes it gets so bad that a judge is forced to comment on it. That's what happened in Britain when two very ...

Social Security and Divorce

Social Security and Divorce

June 24, 2015

Divorcing late in life is becoming more common. This brings up questions about how dividing finances works for retirement assets. One area where this is easy is Social Security benefits. In fact, you may be able to claim your ex-spouse's benefits long after a divorce happened if you meet certain ...

Divorce Fees Go Beyond the Lawyer

Divorce Fees Go Beyond the Lawyer

June 8, 2015

There are a number of fees that can surprise couples during a divorce, and it is important that both parties are aware of them. Forewarned is forearmed, and no one wants to deal with the stress of a divorce and suddenly get an unexpected bill on top of it. Here are some things to look for from an...

California Initiative Started to Eliminate Spousal Maintenance in that State

California Initiative Started to Eliminate Spousal Maintenance in that State

June 1, 2015

A California software consultant has taken an unusual step to fight his alimony (spousal maintenance) payments. He has written an initiative to end alimony altogether in the State of California, and has received permission from the Secretary of State to start gathering signatures per California l...

How does the Government look at Asset Transfers in a Divorce?

How does the Government look at Asset Transfers in a Divorce?

May 14, 2015

A lot of people don't like the IRS. There are lots of little gotchas that can put people on the hook for large sums of money. Sometimes these hit during a divorce, and sometimes much later when split property is cashed out. It depends on the asset in question. In most cases, when there is a tran...

Steps to Take to Aid Splitting your Assets Prior to Divorce

Steps to Take to Aid Splitting your Assets Prior to Divorce

May 12, 2015

Divorcing in your retirement years is growing in popularity, but it carries some significant financial risks. Investment income, Social Security benefits, and other financial instruments must be split equitably according to the law, without leaving one party without the money necessary to support...

Negotiating Divorce Before Retirement

April 30, 2015

Divorcing in your retirement years is growing in popularity, but it carries some significant financial risks. Investment income, Social Security benefits, and other financial instruments must be split equitably according to the law, without leaving one party without the money necessary to support...

Elise Buie Family Law  |  Who Gets The Pets After Divorce?

Elise Buie Family Law | Who Gets The Pets After Divorce?

April 29, 2015

When parents go through a divorce, child custody can be one of the hardest issues to deal with. But increasingly in American households, pets are part of the family, and separating can create similar concerns over who gets the family pet.