Statistics show that nearly 40% of all marriages involve a partner who has been married at least once before. Second and third marriages are more common today than ever before, and so are the prenuptial agreements that go along with them. Prenuptial agreements are more common in second and subsequent marriages than they are in…
The ASPCA estimates that between 37-47% of American households have at least one dog, and another 30-37% have at least one cat. For many people in these households, their pets are as much a part of their family as their children. When a couple gets divorced, pets are often a large source of contention. While…
Dependent Care Flexible Savings Accounts (FSA) allow individuals to keep a portion of their tax-free earnings to pay for dependent care expenses. The Internal Revenue Service allows families to set aside up to $5,000 per year to pay for expenses like daycare or home health care for dependent children or elderly/disabled adults. The $5,000 per…
Making mistakes is a part of human nature. Luckily for most of us, our mistakes have never cost us $11 million dollars. Manhattan business tycoon Daniel Rosenblum can no longer say the same, after forgetting to sign his divorce paperwork cost him a sizeable fortune. Daniel Rosenbaum, age 70, made his money trading sugar commodities.…
Divorce is not cheap, even in the best of circumstances. Paying attorneys’ fees on an hourly basis can get expensive, especially when there are children involved or when both partners own a substantial amount of property. If you are planning on getting divorced, there are ways to keep the price tag from getting out of…
Could virtual currency be a new way to hide assets during a divorce? Some legal observers worry that bitcoins may be the next new way to cheat the system and avoid full disclosure during a divorce or child custody case. Bitcoins were introduced as a virtual or digital currency in 2009. As of May 2016,…
While many people think prenuptial agreements are only useful for the rich and famous, these pre-marriage contracts also help regular people maintain their property and possessions in case of a divorce. These agreements can also determine whether or not one partner will receive alimony, which partner will keep the marital residence, and which partner will…
In today’s interconnected world, it is not uncommon for people to fall in love across international borders. If your soon-to-be spouse is a foreign national, you will likely need to apply for a K-1 visa in order for both of you to live in the United States. The K-1 visa is also known as a…
Over 22% of the country, or nearly 70 million people, identify themselves as members of the Catholic church. For decades, Catholics have faced a serious dilemma when it comes to ending their marriages. The Catholic church does not recognize divorce, and believes that it is impossible to dissolve a valid, sacramental marriage that has been…