How COVID-19 May Impact Divorcing Couples in Different Jurisdictions
Introduction The global outbreak of COVID-19 and Shelter-in-Place Orders have impacted married couples in different ways throughout the world. Many couples have become closer together working through these difficult times. Unfortunately, for many others these recent issues have caused them to realize that they are better off separating and racing to Court as soon as their Shelter-In-Place...Read More
0
Spousal Support & The Mythical Ten Year Rule
I was recently listening to a radio morning show when one of the listeners raised the issue of spousal support and the so-called “Ten Year Rule.” This listener recommended that a previous caller divorce his wife before ten years, otherwise because of the “Ten Year Rule,” he would have to pay her alimony indefinitely. Immediately, numerous other callers began calling...Read More
0
Should I Sell the House or Buy Out My Spouse
You spent almost two years finding your home. Then you spent another two – three years remodeling it. Since then you have spent 10 years adding, changing, and making your home the perfect place. Your kids have grown up there and it is their palace. It is a beautiful home and is worth a fortune now. All of sudden your spouse tells you that he (or she) is filing for divorce (maybe because of all...Read More
0
Stock Option Issues and Divorce
Parties contemplating divorce frequently can agree to sell a car or a home and divide up the receipts. However with assets that cannot be sold or do not have any real value, parties sometimes agree to just give up their rights to that asset in exchange for some other asset. This exchange sometimes occurs with private company stock options granted to one party. Therefore since an exact value of...Read More
0
Consideration of Fault In Divorce Proceedings After the #MeToo Movement
By: Rod Firoozye First published: Family Law News, Issue 2, 2018, Volume 40, No. 2. The Filing of Divorces after the #MeToo Movement The #MeToo Movement has led to a public discussion about the actions of various men in positions of prominence and influence toward women. Since then, this movement and other similar ones have led to many prominent people losing their jobs and facing potential...Read More
0
