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Posts tagged "divorce"

Baseball player sued for child support

Baseball fans as well as Connecticut residents who are currently involved with divorce issues may be interested to learn about a family law case currently in the news. Robinson Cano of the New York Yankees is in the process of being sued for child support.

Divorce through negotiation rather than litigation

Many Connecticut residents who are considering divorce dread the idea of a lengthy court battle, but in some cases they can avoid the time, expense and emotion of litigation and instead pursue a negotiated settlement. The advantages of a negotiated divorce, in addition to staying out of the court room, include the process taking less time and having more control over the outcome of the divorce.

Joint accounts and divorce proceedings

A recent assessment of divorce laws and proceedings in Connecticut and other states revealed that women whose divorces will leave them without a reliable source of income may need to take precautions in advance. Many women who plan on filing for divorce find that their lack of knowledge about their own finances leaves them highly susceptible to financial misdoings committed by their spouses. As such, more and more women are taking the additional step of setting money aside for themselves before they split.

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.

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