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Divorce and Property
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Pendente Lite Motions
“LITE” DOESN’T MEAN LOW-CALORIE Pendente lite. It’s pronounced “pen-den-tay lee-tay” and it’s Latin for “pending the ligation.” The phrase refers to motions made before a court for judicial relief (outcomes) needed by a party during the pendency of a lawsuit, without waiting until it ends. For example, in a divorce the “non-monied” spouse may need to apply…
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Thinking About Divorce–What to Consider First
PERSONAL, FINANCIAL, AND LEGAL CONSIDERATIONS You’re thinking about divorce. It’s a complicated process, whether you look at it emotionally, financially or legally. You are likely feeling all different emotions, sometimes minute to minute it changes – anger, confusion, fear, hurt, maybe nothing. This is totally normal. It is very important though to make rationale, educated,…
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High Net Worth Divorces
HIGH NET WORTH NEED NOT COMPLICATE YOUR DIVORCE — IF YOU HAVE THE RIGHT LAWYER Is yours a high net worth divorce? The U.S. Securities and Exchange Commission(“SEC”) defines a “high-net-worth individual” as an individual with at least $1,000,000 managed by his/her registered investment adviser, or whose net worth the investment adviser reasonably believes exceeds $2,000,000. The…
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Divorce–Now or Later? Or Much Later?
WHEN TO DIVORCE? TIMING IS EVERYTHING. Deciding to divorce is one choice; deciding when to divorce is another. Some seek divorce quickly upon encountering difficulties in their marriage; others wait. That wait might be months, or it might be years. This post covers some timing considerations that come into play for many. While we can outline…
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How to save money in your divorce
IF YOU LITIGATE, HERE ARE SOME MONEY-SAVING TIPS Let’s be honest: divorce costs money, and litigation is the most expensive way to do it. Here are my top 10 ways to economize in a litigated divorce: Gather as much financial information by yourself as you can. Ideally this includes information for you and your spouse,…
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Splitting annuities in divorce
Is an annuity account in your divorce picture? An annuity can seem harder to split than a marriage, according to an article in the May 2016 issue of Research Magazine. An annuity account gives the account holder the right to receive periodic payments, usually fixed in amount, for life or a term of years. Unlike pensions,…
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