Tag Archives: high-asset divorce
What are the chances that your divorce will go to trial?
If you and your spouse agree in the issues in which major disagreements are most likely to break out in a divorce — child custody, spousal support and division of substantial assets — then your chances of going to trial are very low. And even if you disagree in one of those areas, but… Read More »
The pain of financial infidelity
April 15 has come and gone, but as any accountant can tell you, tax problems can linger far beyond that point on the calendar. For couples who divorce, tax problems are unfortunately “surprisingly common,” said a family law attorney recently in an article on taxes and debt. The problem in many divorces is that… Read More »
Why might someone prefer annulment to divorce?
Her name can evoke everything from laughter to lust. But a mention of Pamela Anderson can also trigger some interesting legal questions, especially considering recent developments in matters surrounding a possible divorce from husband Rick Salomon. According to media accounts, Anderson and Salomon are separated, with both agreed that their latest attempt at marriage… Read More »
Peaceable divorce dissolves into proxy war
When Steve and Elaine Wynn divorced five years ago, it was said by some at the time to be the most expensive divorce in U.S. history. They amicably split down the middle his portion of the famous Las Vegas casino and hotel business they had co-founded. But the friendliness of their parting may itself… Read More »
Survey: 4 out of 5 businesses worry about asset protection in divorce
Las Vegas business owners are understandably concerned that someone might one day walk onto their property, stage an accident and file a lawsuit in an attempt to collect damages. We have all heard of these kinds of lawsuits and can understand why businesses would purchase protective insurance to guard against ruinous losses. But business… Read More »
Study shows gender difference in how illness affects divorce
In traditional wedding vows, people would promise to have and hold their loved one for better or for worse, richer or poorer, in sickness and in health — “til death do us part.” Today, many couples write their own vows, but the idea is still the same: you are bound together, no matter what,… Read More »
Planning ahead while also taking care of business today
Apple co-founder and high-tech icon Steve Jobs had a flair for the dramatic. When introducing revolutionary technological jewels, he liked to pause near the end of his presentations and say, “One more thing…” It was a fun way for the late innovator to add one more dazzling feature the latest world-changing device could perform…. Read More »
‘Losing’ your house in a divorce setttlement can be a win
Couples no longer fight over who gets the house. Now the couples are more inclined to fight over who should be strapped with the large mortgage. Either way, navigating through the emotuional and financial consequences of divorce are best left to the professionals. Divorce lawyers have to advise their clients about taxes, mortgage refinance,… Read More »
Signs of impending divorce: here are a few
A marriage counselor writing for the Huffington Post recently detailed some of the behaviors common among couples she recognizes as being caught in relationships that can no longer be fixed. The telltale signs of impending divorce are apparently not terribly difficult for an experienced counselor to spot, though pretty close to impossible to repair… Read More »
Want to keep your pre-marriage assets from spouse in divorce?
If you have significant assets before marriage you need to protect yourself from a costly divorce. One legal tool available in Nevada is a prenuptial agreement. However, if that is not practical, there are things you can do during your marriage that can clarify property division matters in divorce, helping to ensure that you… Read More »