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November 2014 Archives

Divorce settlement needs objective focus and full information

In Georgia and all other jurisdictions, negotiating a settlement in a divorce is more difficult for a person over 50 due to several factors. There are higher stakes generally, and most importantly, it's not as easy to start fresh and obtain everything that one needs for retirement at such a later point in life. Like all other litigation matters, a divorce settlement comes more easily if both parties can be objectively focused on a fair property division, without the interference of an emotional overlay.

Oil magnate's ex to appeal high net worth divorce judgment

One of the chief concerns that people in Georgia often have during a divorce is whether they will get their fair share of marital assets. This is especially an issue for those going through a high net worth divorce. One woman who recently divorced her husband in a high-profile, out-of-state case is now appealing the divorce judgment, claiming that the $1 billion-plus in assets and cash that she was awarded grossly undervalued the wealth to which she was entitled.

Child custody law now favors a shared custody effort

There are good reasons why shared custody is the favored arrangement of family law courts nationwide, including in Georgia. Experts assert that children do better with both parents in the picture. That cannot always be the case with the traditional practice of granting the sole right of child custody to one parent, and having no provision for shared parenting responsibilities.

Judge upholds prenuptial agreement after challenge

Everyone on their wedding day thinks that they will spend the rest of their life with the person they are going to marry. Despite this confidence, many people in Georgia choose to sign a prenuptial agreement to protect them in the event of a divorce. Unfortunately, such an agreement may not be upheld in court if it seems to be unfair or was coerced. One out-of-state judge has recently ruled to uphold one couple's agreement, even though the wife claims she was a victim of fraud.

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