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Posts tagged "alimony"

Kardashian divorce officially finalized

For those who follow the reality show "Keeping Up With the Kardashians," or have heard of the divorce in Massachusetts news reports, it may be already known that Kim Kardashian and her ex-husband Kris Humphries were engaged in a long and contentious divorce. While an agreement was made and signed off on by a judge in April, the divorce has only now become official.

Debate over Alimony reform continues as new law goes into effect

As new alimony reform laws are settling into place in Massachusetts, alimony reform laws are being considered in other states throughout the nation as well. Most notably, the Florida state legislature recently passed an alimony reform bill, but the bill was vetoed by their governor. However, while the issue has been settled in Massachusetts, at least for the time being, the debate over whether alimony reform is beneficial still continues.

Establishing independent credit before divorce may be beneficial

For a stay at home parent, the financial consequences of a divorce can be particularly difficult to handle. Besides the cost of the divorce proceedings, reacquiring steady income after a prolonged hiatus from the workplace can be challenging for anyone, with or without children. While some people may have a period of financial security provided by accumulated savings, those who became financially dependent on their spouse may need to take steps to guarantee their financial wellbeing.

Changes in Massachusetts have other states taking notice

As a society changes sometimes laws need to be changed as well. Many of our Massachusetts readers probably know that the state has undertaken some drastic changes to alimony law in recent years, and as a result other states have begun to take notice. Changing family dynamics and the economic recession of recent years have had a huge impact on American society, and Massachusetts has not gone unaffected.

John Cleese struggling to meet alimony obligations

Massachusetts residents and comedy fans would likely recognize John Cleese as the outrageously funny Monty Python actor staring in many television shows and popular films. Recently, the news has exploded with information regarding the actor's eye-catching alimony obligations.

Ex-wife will receive $4 million of alimony - each month

The details of divorce settlements are often unique to each couple. Some divorces may result in joint custody of children, whereas others may give one parent sole custody. In addition, some divorces end with one spouse receiving just child support payments, yet others result in alimony and child support payments.

Working through post-divorce finances

Discussions regarding property division will most likely come up during a divorce. In addition to separating physical possessions, couples will also probably talk about separating their finances. Since most married couples combine their finances, a divorce can have a significant impact on the financial security of both spouses.

Over-the-phone marriage is official according to court

Weddings can take a variety of forms; some are intimate, whereas others have hundreds of guests. Massachusetts residents have probably attended many types of weddings. Though more rare, some weddings even occur over the telephone. This method of entering a marriage may not be very common, but a Maryland court ruled recently that it is just as valid as an in-person ceremony.

Marc Anthony pays ex-wife alimony and child support monthly

Some divorces result in one spouse paying child support to the parent with primary custody. Other divorce settlements declare that alimony payments will be paid from one spouse to his or her former spouse. Grammy-winning singer Marc Anthony pays his former wife and the mother of his two sons both child support and alimony.

Massachusetts alimony app for iPhone could save you time

We live in a time when a person can check sports scores, trade stocks and have a face to face conversation on a phone. Every week new inventions cut the amount of time it takes to complete tasks. Some things like paying taxes and working out legal issues are still quite complicated, though.

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