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Posts tagged "divorce"

Best Buy CEO sells company stock due to divorce

The CEO of electronics giant Best Buy has sold over $10 million worth of the company's stock, according to a recent filing with the Securities and Exchange Commission. A spokesperson for the company stated that the executive sold the stock because of his divorce, receiving about $37 per share on the sale of slightly more than 350,000 shares. The company stressed that the CEO did not sell the stock because he was worried about the prospects of the company. Best Buy operates stores in Connecticut and elsewhere.

Former CEO of Dodgers loses motion to overturn divorce deal

Dodgers fans in Connecticut might be interested to hear that the former CEO of the baseball team filed a motion to have the divorce deal that she made with her ex-husband, the former owner of the team, overturned. The motion was reportedly an attempt for her to make her ex-husband share some of the profit that he received from selling the team without her. The team sold for about $2 billion, which is more than any other baseball team has ever sold for.

Divorce mediation after a divorce?

Many Connecticut residents strive to have as amicable of a divorce as possible, but due to the important issues that can come up, this isn't always possible. People ending their marriage will have to deal head-on with sensitive issues involving how assets are divided, if spousal or child support is necessary, and how to raise children. One way that people can help keep peace during a divorce is to take advantage of divorce mediation.

Collaborative divorce may be an option for some couples

Connecticut residents currently considering divorce may be interested in a process known as collaborative divorce. While this option isn't for every couple, it may be good for those who want to avoid the slash-and-burn mentality that often takes over during divorce proceedings. When collaborative divorce works, it allows a couple to agree on important issues such as property division and co-parenting without having to turn the decision over to a judge.

Ways to prepare for a divorce settlement

Once the decision to file for divorce has been made, Connecticut residents may wonder about the next step. Every divorce is different because of the specific facts and circumstances surrounding the spouses. However, there are some steps that divorcing parties can take to prepare for divorce negotiations and help ensure that they are able to receive things to which they are entitled.

People often make avoidable mistakes during divorce

Divorce negotiations can be emotionally overwhelming for Connecticut couples. There are many difficult decisions that must be made, and often the emotions can get in the way of making the right decisions. These decisions will have long-lasting consequences, and if errors are made, they can significantly impact a person's life negatively after the divorce.

Prenuptial agreement tips from 'Fox and Friends'

People in Connecticut might be interested to hear some prenuptial agreement tips from a 'Fox and Friends" segment. According to the segment, nearly half of all marriages end in divorce. Furthermore, the majority of them did not sign prenuptial agreements prior to entering into their marriages.

Connecticut divorce: Men can request alimony too

When we think about alimony, most people think about a man paying support to his ex-wife. Since alimony has existed, the majority of recipients have been women. In the past this was so often the case because men tended out-earned their wives. Today, however, more than 35 percent of mothers who are married make more than their husbands, opening the door for men to request alimony.

How a prenup can make your high-asset divorce easier

Divorce is not something Shelton couples approach lightly. Many couples spend months or more considering if it is the right option for them. Because of this, most couples who decide to divorce do not regret it. But even if divorce is the right thing for you, you still need to go through the process of dividing assets before you can truly be divorced.

The more you use Facebook the more likely you are to divorce

How often do you check your Facebook account? Maybe you use it as a way to take a break from your work, checking a couple of times during the day. Maybe you only check it every other day. If you are a news junkie or like knowing what's going on with your friends in real time, you might check it very frequently. If you fall into this last category and you're in a relationship, however, you could find yourself in hot water. 

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