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A divorce settlement entails which spouse gets what property and what responsibilities once the marriage is over. "It deals with child custody and visitation, child support, alimony, health and life insurance, real estate, cars, household items, bank accounts, debts, investments, retirement plans and pensions, college tuition for children, and other items of value, such as frequent flyer miles ...
Divorce laws have changed a great deal over the last few centuries. [10] Many of the grounds for divorce available in the United States today are rooted in the policies instated by early British rule. [11] Following the American Colonies' independence, each settlement generally determined its own acceptable grounds for divorce. [12]
He was divorced in 1877, losing $750,000 ($15.5 million as measured in 2014 dollars) in the divorce settlement. [2] His wife had discovered Pratt was having an affair, and in order to avoid prosecution for adultery he agreed to the large divorce settlement. [6] He then married his former mistress, Eugenia Elizabeth Greene.
Divorce settlements can be extremely complicated. While it makes eminent sense to work with a financial advisor as you plan your finances for a divorce, there are several key areas that can hold ...
“You want to try to minimize any tax disparities between the parties post-divorce with respect to the assets.” Friedman again gives the example of the $1 million house versus $1 million in cash.
Can You Stiff Your Divorce Lawyer: Tales of How Cunning Clients Can Get Free Legal Work, As Told by an Experienced Divorce Attorney. Cheetah Press. ISBN 978-0997555523. Riessman, Catherine Kohler (1990). Divorce talk : women and men make sense of personal relationships. New Brunswick, NJ: Rutgers University Press. ISBN 978-0813515021.
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