Tag Archives: marital property
What Happens to the ‘Home’ in a Divorce?
There are many hard decisions to make and tough decisions to consider when a family is going through a divorce. Issues that immediately come to mind might be ‘where will my children live’ or ;when will I see my children’. Other questions sometimes are focused on financial issues, like ‘will I be able to… Read More »
PRENUP UPHELD! Kelly Clarkson Protects 45 Million in Assets – But Did She Have to Worry About Her Premarital Property?
Back in December, we discussed Clarkson’s divorce in the context of soon-to-be ex-husband Brandon Blackstock’s request for $436,000 per month in support, which was contrary to the parties’ Prenuptial Agreement (Prenup). In late July, the Court ordered Clarkson to pay Blackstock $150,000 per month in temporary spousal support (alimony) and $45,000 per month in… Read More »
Determing the Equity in the Marital Home
In many divorce cases, one of the most valuable assets to be determined and divided is the equity developed in the marital home. For those individuals who have been making years and years of mortgage payments, a substantial amount of equity may have been acquired over time. But even those couples who have not… Read More »
But Who Gets The Dog?
I recently had a client walk into an initial consult and tell me she was willing to give her soon-to-be-ex everything he wanted as long as she got custody of their fur-baby. The fur-baby in question was a beautiful 70 pound Goldendoodle she and her husband had adopted several years ago, during happier times…. Read More »
The Multibillion-Dollar Gates Divorce, and No Prenup
Bill and Melinda Gates decided to call it quits after 27 years of marriage. As it turns out, they didn’t sign a prenuptial agreement 27 years ago. Was this a massive blunder that could cost Bill Gates half of his fortune? Bill and Melinda have reportedly already signed a separation agreement dividing up their… Read More »
BUT YOUR HONOR, I HAVE A PRENUP! Kelly Clarkson’s soon-to-be Ex asks for $436,000/month in support
Earlier this year, Kelly Clarkson announced her separation from her husband of seven years, Brandon Blackstock. If you don’t know who Clarkson is, I applaud you for not being consumed by television shows, music, and gossip media – most of us are not that disciplined. Clarkson, the season one winner of American Idol has… Read More »
Dr. Dre’s Wife Requests $2M in Alimony Per Month
Dr. Dre’s divorce case in California* is presenting many family law legal issues on a scale not often seen. According to TMZ, Dr. Dre’s wife, Nicole Young, wants $1,936,399 to cover her monthly expenses. Here’s the breakdown — Laundry and cleaning $10,000 a month — Clothes $135,000 a month — Education (tuition and living… Read More »