Tag Archives: income
Contentious Moore divorce set to be finalized
Nevada residents may be interested to learn that filmmaker Michael Moore and his wife, Kathy Glynn, are about to finalize their divotce. The couple has been married for 22 years, but they dated for nine years before tying the knot. They have no children together. Glynn has a daughter from a previous relationship. Early… Read More »
Retirement a top consideration for divorce later in life
In Nevada, and all over the United States, older couples now divorce at higher rates than in the past. Many consider their home the largest asset in their marital estate, yet when couples divorce later in life, the assets they hold for retirement may be far more substantial. While older spouses face issues similar… Read More »
Halle Berry, Gabriel Aubry reach child support accord
The notion that mothers never pay child support was debunked once again. Last week, Halle Berry and ex-boyfriend Gabriel Aubry reached an agreement regarding their long-standing dispute over child support. According to numerous media reports, Berry will pay Aubry $16,000 per month in child support to defray the costs he will incur in raising… Read More »
Another reason why child support is expensive
It may go without saying that child support is expensive; but it certainly makes sense given that raising children is quite costly. From diapers and formula to clothes and transportation, the little, seemingly inconsequential costs add up, and this is before the child begins kindergarten. Those who get sticker shock when considering the amount… Read More »
Co-parenting apps that can come in handy for divorcees
The famous phrase “there’s an app for that” has made its way into post divorce parenting. It seems obvious that smartphone apps would be ideal for parents who are making their way through their new lives while trying to get along and have a working relationship, but many newly divorced or separated parents do… Read More »
Helpful and protective steps for finances during divorce
Most people getting divorced have two primary fears: how much time will they be able to spend with their kids (for those who have children), and how much will the divorce cost. The cost question has just as much to do with how much debt they will be liable for as it will pertain… Read More »
Can infidelity clauses actually deter cheating?
If you are considering a prenuptial agreement as part of your marriage, chances are it is to protect assets or income from being misclassified as marital property. However, a growing number of spouses-to-be are including “lifestyle” clauses to define roles in their marriages and to set standards for conduct. One of the most popular… Read More »
The possible solution to some divorce pitfalls
Going through a divorce can be upsetting and can be the cause of financial and emotional ruin. In Nevada, as in other states, it can be particularly demanding for the spouse earning the lower income — more often than not the woman. Fortunately, there are ways to curtail the negative effects a divorce can… Read More »
Best way to prevent financial disaster in a Nevada divorce
For many engaged couples in Nevada, the very mention of a prenuptial agreement is enough to send shivers down their spines. Many hold the misconception that discussing the financial matters contained in a prenup is an indicator that the marriage is doomed to end in divorce. This is certainly not the case, and many… Read More »
After divorce, support and alimony orders are modifiable
When it comes to child support and spousal support or alimony, remember that flexibility is built into the system and nothing is guaranteed to continue the same forever. During the divorce and afterwards, child support can be paid in Nevada until a child reaches the age of 18. However, if an 18-year-old is still… Read More »