Tag Archives: high-asset divorce
Should you hire a divorce financial planner?
According to a 2009 study, couples that argue about money at least once a week are 30 percent more likely to get divorced. With finances at the heart of so many pre-divorce disputes, it only makes sense that couples would continue to fight about money both during and long after their split. But in… Read More »
Did Mark Zuckerberg sign a prenuptial agreement?
It was a big weekend for Mark Zuckerberg. On Friday, his social networking website Facebook had its initial public offering (IPO), with Zuckerberg retaining an estimated $20 billion in Facebook shares. On Saturday, he and his longtime girlfriend, Priscilla Chan, were married in a simple backyard ceremony. Now, the events have led many to… Read More »
Divorce auction may be the answer to property division dilemma
During a divorce, one of the most common arguments among the soon-to-be-ex-spouses is how to divide up personal belongings. These are not necessarily the big-ticket items, but objects with a lower worth but possibly more sentimental value, such as artwork, home furnishings and other items that the couple purchased together during their marriage. On… Read More »
Ex-wife of Las Vegas millionaire granted lump sum divorce payment
The ex-wife of a notable Las Vegas millionaire will not be allowed to collect her divorce settlement payment in a single lump sum instead of receiving smaller payments every month for nearly a decade. The Nevada Supreme Court ruled in favor of Abigail Schwartz, the ex-wife of Las Vegas businessman Milton I. Schwartz. According… Read More »
What is a QDRO? Divorce and retirement
Whether you are young with a retirement account or you are divorcing in the age of retirement, you may have heard of a QDRO. This acronym stands for a Qualified Domestic Relations Order and will impact how your retirement accounts are divided at the time of divorce. The QDRO allows an alternate payee, including… Read More »
Living together before marriage now less predictive of divorce
Once upon a time, conventional wisdom said that couples that lived together before getting married were also more likely to get a divorce. But times are different now, right? Apparently yes, at least according to the results of a new government-sponsored marriage survey taken by more than 22,000 men and women in Las Vegas,… Read More »
Financial and investment issues to consider in divorce
There are many decisions that need to be made during the divorce process. Because today’s decisions will impact your future, this is not the time to put financial decisions on the backburner. In community property states such as Nevada, most property acquired during a marriage, excluding gifts and inheritances, is jointly owned by both… Read More »
Las Vegas divorce and property division: hidden assets
Hidden assets are not a major concern in most Nevada divorce cases. There are of critical concern and frequently an issue, however, in high-asset divorce cases that involve complex financial assets. Although hiding assets in a divorce is illegal and can have severe consequences, spouses are often willing to risk those consequences for various… Read More »
Is there such thing as an ‘Oscar Love Curse?’
If you have watched the Academy Awards in recent years, you probably remember the acceptance speeches of Best Actress winners Sandra Bullock, Kate Winslet and Hilary Swank, during which they tearfully thanked their husbands for their love and support. And you probably also remember when, just a few months after winning their Oscar, the… Read More »
Lindsey Vonn shines in post-divorce competitions
When professional skier Lindsey Vonn announced that she and her husband of four years were getting a divorce, many speculated that the split would significantly affect both her skiing and her career. Well, those naysayers were right – but not in the way that they anticipated. In fact, in the months since Vonn announced… Read More »