Strategically Planning For The Possibility Of Divorce

planning for divorce

Although there is debate over what the exact divorce rate in the United States actually is, somewhere around 40-50% of all marriages end in divorce. The financial ramifications of ending a marriage can affect the rest of your life. No one plans on their marriage ending in divorce, but nonetheless

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What A Prenuptial Agreement Can And Cannot Cover

prenuptial agreement

A lot of couples mistakenly buy into the myth that by agreeing to a prenuptial agreement they are setting themselves up for divorce. It’s as if even the acknowledgement that divorce exists predestines their marriage for failure. This mindset leads many couples to skip out on a prenup, which is

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3 Realities About Prenuptial Agreements

prenuptial agreement

The divorce of New York real estate mogul Harry Macklowe and his wife, Linda, is about to get nasty. After 57 years of marriage, the billionaire announced he is moving in with his girlfriend of at least two years. The problem for Harry is that he does not have a

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5 Tips For Successfully Blending Families

blended family

When we think of the traditional American family we tend to picture Mom, Dad, a couple of kids and the family dog. However, the typical family structure in the United States is rapidly changing. According to Pew Research, just 46% of kids younger than 18 live in traditional families with

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Messy Divorces Could Be Dodged With Prenuptial Agreements

prenuptial agreement

When confronted with most of life’s major financial decisions, most people go to great lengths to ensure they make rational, objective choices. “Most successful people are planners,” said Cordell & Cordell Principal Partner Joe Cordell. “They get there by way of thinking a lot about the important decisions in their life,

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4 Ways To Realistically Plan For Divorce

serving divorce papers

Planning for a divorce is a tricky concept. Some men find themselves in a miserable marriage where it seems impossible that things could be worse post-divorce. This “divorce fantasy” causes them to believe everything in their life will remain the same after divorce except their partner will be gone. Reality is

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Think First: Consider The Ramifications Of Divorce

divorce

Divorce can make even the most successful and intelligent people act irrationally. Too many individuals allow emotions to dictate their decision-making process when it comes to issues of marriage and fail to consider all the ramifications of divorce. That was the point Cordell & Cordell Principal Partner Joseph Cordell made

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Billionaire’s Divorce Case Nears End

child support

It appears the near billion-dollar divorce case of Continental Resources Inc. CEO Harold Hamm might be nearing its conclusion. On Tuesday, in a 7-2 decision, the Oklahoma Supreme Court dismissed an appeal of the divorce judgment from Hamm’s ex-wife of 26 years, Sue Ann Arnall. The court ruled that she

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8 Financial Tips For Blended Families

child support

The structure of the typical American family has changed dramatically. According to Pew Research, only 46% of U.S. kids younger than 18 are living in traditional families with two married heterosexual parents in their first marriage. Blended families – a family consisting of a couple and children from a previous

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Why It Is A Good Idea To Get A Prenuptial Agreement

prenuptial agreement

Beloved actor and comedian Robin Williams committed suicide in August and since his death a fight has erupted between Williams’ third wife and three of his children from a previous marriage over who has the right to some of Williams’ personal belongings. Although Williams’ estate is worth millions of dollars,

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