Connecticut residents who are contemplating a divorce may be interested to learn about some of the most common financial mistakes spouses make during and after the process. Recognizing one's current financial situation and the potential pitfalls that are inherent in...
High Asset Divorce
High-asset divorce may be fraught with complex asset division
Divorce, as many Connecticut couples know, may be simple or complex. Asset division sometimes becomes more complex when the value of the assets increase and is not easily determined. For some high-asset couples, hiring a forensic accountant makes determining what...
Billionaire couple’s divorce may be the biggest ever
One of the nation's richest men and his wife headed to court in August to terminate their 26-year marriage. Legal analysts in Connecticut and throughout the nation are keeping a close watch on the high asset divorce, which could result in the biggest divorce...
Consider long-term effects of divorce in settlement
For many Connecticut couples whose marriages are ending, the idea of divorce is about nothing more than finding out which soon-to-be ex-spouse comes out on top in the division of assets. Unfortunately, a number of couples at or near retirement age can find themselves...
Howard asks judge to change divorce settlement
Connecticut couples who are planning to get divorced may want to pay close attention to what is going on in the proceedings involving the motion picture actor Terrence Howard. Howard asked a judge to throw out the divorce settlement with his ex-wife because he doesn't...
Former baseball team owner awarded $1.9 million
Individuals in Connecticut who are involved in a contentious divorce may be interested in a recent ruling in the case of Frank McCourt, the former owner of the Los Angeles Dodgers. McCourt, who had been married for almost 30 years, reached a divorce settlement with...
Michael Moore divorce case
Michael Moore, the Oscar-winning director, is filing for divorce from his wife of 23 years, Kathleen Glynn. Moore has decided to bring some big Hollywood names to help his case, with film agent Ari Emanuel and literary agent Mort Janklow listed among the filmmaker's...
Eliot Spitzer may pay out millions in divorce
Connecticut viewers who watched the announcement in 2008 that Eliot Spitzer was patronizing a high-priced call girl ring were probably more surprised that his wife decided to stand by him then than they are now that the couple has announced their divorce. However,...
Judge rules that Hamm can keep Continental shares in divorce
Connecticut residents may be interested in the most recent development in the ongoing divorce of Continental Resources founder Harold Hamm. In an order dated Feb. 13, the judge presiding over the divorce ruled that Hamm's 122 million shares of Continental were...
Importance of asking questions during divorce
During the initial consultation with their attorneys, people going through a divorce need to ask the right questions to understand what they could face when they meet with their spouses or go to court. Many of the questions they need to ask relate to spousal support...
