By Jill A. Duffy Attorney, Cordell & Cordell Note: This is Part 2 of a two-part article on common law marriages. Part 1 outlined how to know if you are in a common law marriage. If you have lived with someone as husband and wife in a state that recognizes …
By Matt Allen Editor, DadsDivorce.com, Prenuptial agreements are becoming more commonplace, according to a recent poll that showed 73% of divorce attorneys cited an increase in prenups during the past five years. The poll of American Academy of Matrimonial Lawyers (AAML) found 36% of attorneys have seen pensions and retirement …
In another column on AskMen.com, DadsDivorce.com founder Joseph Cordell tackles the issue of prenuptial agreements and what Tiger Woods could have done differently. Click here to read the article where Cordell explains the advantages and disadvantages of a prenuptial agreement. “The stigma that prenups are harbingers of divorce has been …
By JoAnne C. Holt, Divorce financial analyst First, please know all states have their own unique divorce statutes and case law that influence the outcome of a divorce. As those statutes and case laws change over time so do the results. Most states operate under the “Equitable Distribution” concept as …
What could Elin Nordegren get in a potential divorce settlement with her husband, Tiger Woods? This morning Cordell & Cordell, P.C. Principal Partner, Joseph Cordell, spoke to Gordon Deal, host of The Wall Street Journal This Morning. The firm’s CEO offered insightful commentary on such elements of the high-profile divorce …
by Richard J. Coffee, II, Cordell & Cordell, P.C. The dissolution of a marriage presents numerous changes and unfortunate consequences. Custody issues may be resolved by compromise, mediation and/or counseling. The personal property division may be an irritating inconvenience. Financial support a current cash flow adjustment. None of these are …
Admittedly, a prenuptial agreement does not make for light conversation. But with the divorce rate as high as it is in the U.S., currently 40 percent, it’s often a topic broached by couples getting married. Three local lawyers explain the ins and outs of today’s prenups. “A prenup is a …
The dissolution of a marriage (divorce) is similar to the dissolution of a business partnership – the division of the assets and debts of the endeavor. However, the division of the assets and debts (called the marital estate) in a dissolution of marriage case involves definitions, exceptions and considerations not …
Whether you have been through a divorce, have divorce questions to ask, or are interested in potential property ownership issues for a first marriage, planning as to property ownership or transfer for marriage (or significant relationship in some states) is a worthwhile exercise. The purpose of such planning is not …