[This is a re-post of a popular article that I wrote and published a year ago on this site. ~BCV] It’s never easy to take the first step on any journey. When you are facing a marital separation, there are five things that you can do to protect yourself, financially and emotionally. 1. Secure your property. Review your joint bank and credit card statements regularly to ensure that no unexpected […]
The Supreme Judicial Court of Massachusetts ruled recently that agreements between spouses who plan to continue their marriage but wish to define their legal rights and obligations in the event of divorce are enforceable in that state. Some states (notably Ohio) do not permit spouses to execute agreements waiving their marital rights unless they are actually pursuing divorce, and the law of many states is unsettled. In its recent decision, […]
News stories were posted today on CNN.com and VanityFair.com claiming that a growing number of people are using Facebook to cheat on their spouses…. and getting caught! Divorce lawyers have discovered that many careless cheaters leave obvious evidence of their infidelity on social networking sites, where anyone can find it. In fact, a site called FacebookCheating.com has recently popped up to hype this phenomena. According to CNN, “a recent survey […]
Divorcing spouses often ask me about credit card debts and loans. While a divorce court may assign responsibility for paying credit card debts and loans that were incurred during the marriage, the court generally lacks jurisdiction over the creditors. In other words, the divorce court cannot force the credit card issuer to collect from one particular spouse if both spouses were cardholders. If both spouses’ names are on the credit […]
It’s not easy to take the high road when dealing with an ex, particularly after a hard-fought divorce.
Employ legal tactics and structures to prevent a divorce from deadlocking the business.