Divorce is rarely as painful as splitting couples fear, but the divorce process is often much smoother if both partners do their financial homework before heading to the negotiating table. A recent article from Fox Business highlighted five different steps divorcing couples should take before signing on the dotted line. First, people who are headed towards divorce should evaluate their assets honestly. Usually, the biggest asset owned by a couple is their home, but several other types of property also count as marital property during a divorce. Other assets to identify and sort through include retirement accounts, stock options, and deferred compensation. And individuals might want to sort through the tax consequences of pursuing certain assets. Sometimes, it’s best not to chase some types of property. Second, couples should weigh their debts. This task can be arduous, but sources recommend gathering a 12-month history of all debts, including utility bills, credit card debts, and loans that are held jointly. The Fox Business article recommends that couples pay off their debts as much as possibly before filing for divorce. If they are stuck with massive debts at the negotiating table, the couple might find their divorce delayed over an argument about who will assume responsibility for the debts. Next, both spouses should obtain a free credit report. Sources indicate that couples are often unpleasantly surprised by forgotten debts that show up on a credit report. According to Lili Vasileff, a financial planner in Connecticut, [i]t’s important to know your credit rating and correct inaccuracies while you still have one household and joint source of income so you can remedy any inaccuracies and strengthen your financial position in advance.” In addition to these three steps, divorcing couples should also keep close tabs on their spending habits. By doing so, both spouses can determine the type of budget they’ll need to have in their lives after divorce. Often, couples find that they have to change their lifestyles in order to make ends meet after a divorce cuts their income in half. This review, however, needs to be honest, as people often “tend to underestimate how much they spend,” according to Vasileff. Finally, couples need to accurately identify all of their income sources. Alimony and child support are both determined by how much money each member of the marriage is contributing to the family. When identifying income sources, divorcing couples should remember that these sources extend beyond work income, and may include payouts from investments or ownership stakes in businesses. Share:

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Couples considering filing for divorce are not alone. Some studies report that in the United States over 50 percent of first marriages end in divorce, and around 43 percent of all marital unions are ultimately dissolved. To go along with those grim divorce statistics, the average estimated length of an average divorce proceeding, divorce attorneys say, can be up to a year long. Divorce is not only a painful and difficult decision, but one that is often drawn out to boot. Divorce law is a state law issue, so the rules vary from state to state. However, there are many factors in common, and we’ll look at some in this blog. There is even an option for a “no fault divorce.” So, what makes it legal ? What is a legal divorce? Residency Requirements In order to file for divorce in any given state, and make it a legal divorce whether it’s a no fault divorce or an at fault divorce, you must meet that state’s residency requirements, and they’re different from state to state. Most state residency requirements have common rules, such as either you or your spouse must live in the state in which you file for divorce. It is not enough that you were married in the state or that you lived there at one time in the past. And, in some states, the person filing for divorce must be a resident of the state. In most cases state residency laws require that the person claiming residency to have lived in the state for more than a year. If you live in one state and file for divorce there, but your spouse lives in another state, there could be a  hitch. Under that scenario, your spouse either must consent to divorce in that state, be served (divorce papers) in that state, or have some official contact with the state, like a vacation home or business there. If, however, your spouse has nothing to do with the state, will not consent to divorce in that jurisdiction, and cannot be served in the state, then you may need to file elsewhere, like in the state your spouse lives. It is also possible to qualify to file for divorce in more than one state. Do some research and file for a legal divorce in the state with favorable divorce laws, including the available grounds for divorce, how the state divides marital property, and how it awards alimony and child custody. All these are considerations for filing for a legal divorce. Do I Need a Reason to File for Divorce? The short answer to this question is no. In the early days of divorce litigation, some cause, or grounds had to be given before a marriage could be dissolved. Modern divorce law introduced the concept of the “no fault”  divorce, where neither party is held to blame. In the past, couples had to have a compelling reason reason (such as adultery or abuse) to file for divorce. Today, courts do not necessarily blame one party for the divorce, which is why there has been a shift to no-fault divorce.  On August 15, 2010, Governor David Paterson signed no fault divorce into law in New York state, making no fault divorce an option in all fifty states. Great information is available on our web site .

A man from Saudi Arabia reportedly divorced his wife during a life radio program, in which a prominent Islamic scholar convinced him that his wife had “offended his manhood” by traveling without him, according to a report from the Digital Journal. The unnamed man apparently requested a divorce from his wife because she went on a business trip without his approval, which is tacitly forbidden in the country, according to sources. The man had called a radio talk show in which the host, Sheikh Ghazi al-Shammari, discusses marital problems with Saudi men. When this man told al-Shammari that his wife had traveled alone to Riyadh without his permission, the scholar promptly told him to leave his wife. In an interview after the program with Al-Arabiya, al-Shammari said that the man’s wife, who had been with her husband for more than a decade, was “suspicious” because she “insisted to travel alone to Riyadh without ample reason.” When pressed for further explanation about his bold advice, the scholar claimed, “I did not rush with the advice because I saw that the issue was dangerous and that we should not remain silent more about it.” Apparently, the wife’s decision to send her husband a text message from the airport telling him of her travel plans was the final insult. Since this was perceived as an act of extreme disobedience, the scholar felt comfortable advising the man to begin the divorce process . And, according to sources, the divorce process in Saudi Arabia is remarkably easy. A man only has to say that he is divorcing his wife three times for the separation to be official. And the ease of legal separation has led to a very high rate of divorce in the country. In 2010, for example, nearly 19,000 divorces were recorded in the relatively small republic. Sources say a divorce occurs every 30 minutes in Saudi Arabia, which has one of the highest divorce rates in the world. Even more troubling is the effect of divorce on women in Saudi Arabia, where women are at a severe disadvantage in court, according to sources. If women want to obtain a divorce, they must go through a lengthy court battle that can often take months. And the husband can delay the proceedings by refusing to show up to hearings. In contrast to this archaic system, in the United States, women and men have equal rights to seek a divorce, and under the laws of many states, neither party has to prove that the other spouse is at fault. Share:

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Chris Harrison, the longtime host of the popular television series, “The Bachelor,” which tries to match and ultimately marry single couples, is filing for divorce from his wife, according to a report from the International Business Times. Harrison and his wife of 18 years are seeking a legal separation, although they remain confident that their “mutual love and respect” will help them get through the divorce with a minimal impact on their two children, according to a press release the couple released together. The two appeared to have a happy marriage, as Harrison’s wife described him as “an amazing father” who is “very loving and involved” to People magazine in 2010. His skills as a father, however, were not enough to keep the couple together. The 40-year-old Harrison’s divorce could serve as a warning to the young contestants on “The Bachelor” franchise, which selects one man and has several women compete to see who he will select as his mate. On the show, Harrison often acts as the voice of reason in the sea of chaos that can be “The Bachelor” and “The Bachelorette,” both of which seem to attract contestants who are perfectly willing to display the full range of human emotions on the small screen. On the show, Harrison acts as sort of a straight man to the wild characters who have graced the program, and keeps the show from spinning into a satire of itself. Critics have claimed that the popular show sends the wrong message to young couples looking to get married, as the contestants often know each other for only a small amount of time before deciding to get married at the end of the show. Of course, Harrison’s divorce from his wife of 18 years shows that the dissolution of marriage is often unpredictable, and the length of time a couple dates before getting married is not necessarily the most important factor when gauging whether a couple contact a divorce lawyer . Interestingly, some sources are speculating that the newly single Harrison should be the male suitor on the next season of “The Bachelor,” but Harrison claims that this would be highly unlikely. Instead, Harrison will likely to continue his role as the director of the three-ring circus that is, somewhat mysteriously, one of country’s most popular reality television shows. Harrison can only hope that the marriages of his contestants prove to be more sustainable than his own. Share:

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Cesar Millan gained fame and fortune in recent years for his work as television’s “Dog Whisperer,” but his fortune took a big hit recently after his wife successfully filed for divorce, according to a recent report from Fox News. Millan’s wife filed for divorce from her famous husband in 2010, but the two were unable to hash out a divorce agreement until recently. And, thanks to TMZ’s tireless efforts to expose the divorce papers of every splitting celebrity couple, we have proof of just how expensive the divorce proved to be for Millan. Under the terms of the divorce order, Millan was ordered to pay his former wife a one-time sum of $400,000, and he must also pay her $23,000 per month in spousal support. These are lofty sums, but TMZ also reports that Millan makes roughly $170,000 per month, so the spousal support payments won’t exactly prevent him from feeding and clothing himself. In addition to the spousal support and lump sum payment, Millan must also pay $10,000 each month in child support for the couple’s two young sons, Andre and Calvin. Interestingly, a key portion of the divorce agreement was a clause that restricts both parties from releasing any details about their relationship. Sources suggest that Millan was willing to pay a hefty price to secure his former wife’s silence. In the divorce documents, the parties agreed that any “intimate, personal and/or private information about the other party … including details of their personal and/or sexual relationships” would remain strictly confidential. And a few words in this clause suggest that someone is worried about sensitive materials being leaked. In the divorce agreement, the parties also agreed that such private information includes any “photograph, film, videotape” or recording of Millan “which is not commercially available.” So, for several hundred thousand dollars, the “Dog Whisperer” has theoretically prevented any career-threatening footage from being leaked to the public. The divorce ends a marriage of 18 years between Millan and his wife, who were married well before he gained fame from his television show. According to sources, Millan will have visitation rights to see his boys on occasion, but his former wife retains primary physical custody of their children. And the divorce doesn’t seem to have had a detrimental effect on Millan’s career, as he recently played a prominent role at Hispanicize 2012 in Miami. The event was reportedly a big occasion for major Latino performers and entertainers. Share:

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Cesar Millan gained fame and fortune in recent years for his work as television’s “Dog Whisperer,” but his fortune took a big hit recently after his wife successfully filed for divorce, according to a recent report from Fox News. Millan’s wife filed for divorce from her famous husband in 2010, but the two were unable to hash out a divorce agreement until recently. And, thanks to TMZ’s tireless efforts to expose the divorce papers of every splitting celebrity couple, we have proof of just how expensive the divorce proved to be for Millan. Under the terms of the divorce order, Millan was ordered to pay his former wife a one-time sum of $400,000, and he must also pay her $23,000 per month in spousal support. These are lofty sums, but TMZ also reports that Millan makes roughly $170,000 per month, so the spousal support payments won’t exactly prevent him from feeding and clothing himself. In addition to the spousal support and lump sum payment, Millan must also pay $10,000 each month in child support for the couple’s two young sons, Andre and Calvin. Interestingly, a key portion of the divorce agreement was a clause that restricts both parties from releasing any details about their relationship. Sources suggest that Millan was willing to pay a hefty price to secure his former wife’s silence. In the divorce documents, the parties agreed that any “intimate, personal and/or private information about the other party … including details of their personal and/or sexual relationships” would remain strictly confidential. And a few words in this clause suggest that someone is worried about sensitive materials being leaked. In the divorce agreement, the parties also agreed that such private information includes any “photograph, film, videotape” or recording of Millan “which is not commercially available.” So, for several hundred thousand dollars, the “Dog Whisperer” has theoretically prevented any career-threatening footage from being leaked to the public. The divorce ends a marriage of 18 years between Millan and his wife, who were married well before he gained fame from his television show. According to sources, Millan will have visitation rights to see his boys on occasion, but his former wife retains primary physical custody of their children. And the divorce doesn’t seem to have had a detrimental effect on Millan’s career, as he recently played a prominent role at Hispanicize 2012 in Miami. The event was reportedly a big occasion for major Latino performers and entertainers. Share:

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This week, the former president of Yahoo and her banker husband reached a divorce settlement , finally settling a lengthy divorce dispute that revealed the scandalous private lives of some of Silicon Valley’s most successful Internet tycoons. Susan Decker, the 49-year-old former president of Yahoo, and her 52-year-old husband, Michael Dovey, agreed this week to distribute their real estate, stock, cash, and other assets, which are all valued at roughly $71 million. The divorce process between Decker and Dovey, who used to be an investment banker, revealed allegations of drug use, infidelity, and spying, according to a report from the Marin Independent Journal. The couple first filed for divorce way back in 2007, the same year that Decker was promoted to president of Yahoo, and the divorce filing opened the door for deceptive maneuvering by both parties in an effort to undermine the other’s bargaining position. In 2007, sources leaked a confidential letter sent from Dovey’s attorneys to Decker’s lawyers that claimed Decker had engaged in extramarital affairs, secretly placed recording equipment in the couple’s Laguna Beach home, and used illegal drugs. In response, Decker’s attorneys leveled similar accusations at Dovey, claiming that the former investment banker had also used illicit substances and had affairs with other women. In order to sort out these allegations, Dovey’s attorneys had pressed Decker to release emails from her time at Yahoo, and also threatened to have the company’s head of security testify in divorce court, although this never actually happened. Instead of heading to court for a long, public battle, the two agreed to a divorce settlement that was approved by Marin County Superior Court Judge Verna Adams just hours before a trial was supposed to begin. In their divorce agreement, the two seemed appropriately embarrassed by their actions. In a joint statement released by Decker and Dovey this week, they said they both “deeply regret” certain statements made in their “acrimonious divorce” that were “reckless and inaccurate.” Dovey is likely getting a bargain out of the divorce, as he had about $13 million in savings when he left his job at Montgomery Securities in his 30s. Sources suggest that Decker may have had a higher net worth. Among the properties that were involved in the divorce negotiations were a mansion in Belvedere, a wealthy area along the San Francisco Bay, a condo in Laguna Beach, two condos near Lake Tahoe, and a parcel of land in Napa. Share:

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Old Mama Bear going out with some good bee ess on You Tube for her gerl Schaller.

The wife of Hall of Fame football player Deion Sanders was arrested last week after allegedly assaulting her estranged husband in front of their children, according to a recent report from the Atlanta Journal-Constitution. Police have charged Pilar Sanders with domestic violence after her husband called the police to file a complaint, and the arrest could bode ill for her efforts to secure a divorce settlement in her favor from her husband. Deion Sanders, who played a starring role for the Atlanta Falcons and Dallas Cowboys during his long and lucrative career in the NFL, has not kept his wife’s actions hidden from public view. On his Twitter account last week, Sanders created a post saying, “[p]ray for me and my kids now! They just witnessed their mother and a friend jump me in my room.” Later on Twitter, Sanders remarked that he had called police and that his wife was headed to jail. After being charged with a misdemeanor family violence charge, Sanders’ 38-year-old wife was booked into jail in Collin County, Texas. Her bond was set just below $300. The couple married in 1999 during much more favorable circumstances. Their marriage seemed relatively healthy until the past few years, when the two started sniping at each other publicly. In March, Pilar Sanders sued her husband for the staggering sum of $200 million, claiming that he had posted libelous comments about her online and that he had previously assaulted her. In her lawsuit, she alleged that her husband had caused her “emotional and physical abuse, mental distress, public humiliation and financial loss,” according to a report from the Dallas Morning News. Her lawsuit, and alleged altercation with her husband, will not be eyed favorably if the couple engages in a child custody dispute in divorce court. Most judges today are concerned about granting primary custody to the most responsible parent, and Pilar Sanders doesn’t seem to be displaying award-winning parenting skills. Of course, her husband has helped stoke her rage with his public comments. In an interview with a Dallas television station, Deion Sanders said his kids “are scared for their life” and asked whether someone was “going to have to die” before a court “does something and get[s] this woman out of my house.” Of course, Pilar Sanders would tell a different side of the story. Regardless of who has the moral high ground in the couple’s dispute, it is safe to say that the couple’s marriage has seen its final days, and that a divorce appears to be just what the doctor (and the judge and police) ordered. Share:

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