Sentences with phrase «wealthier spouse»

Traditional support is awarded after a long - term marriage so that the less wealthy spouse does not suffer a drop in living standard.

· A cynic would say that wealthier spouses do not demand a prenuptial agreement because they believe that if there is a divorce they will be able to avoid disclosure of their assets or divert their assets and that they will be able to pay a relatively modest amount to their spouse to settle the matter so as to avoid litigation, which is extremely uncommon and extremely unhelpful in family matters.

Family lawyers for Yasmin Prest, the ex wife of oil tycoon Michael Prest are contesting the decision given by the CoA on the 26 October, which ruled that companies owned by Mr Prest would not be made to hand over assets totaling # 17.5 m to his ex-wife, in a judgment which was criticised by critics saying that it would enable wealthy spouses to protect their assets in divorce proceedings.

Rehabilitative support is awarded when it will help the less wealthy spouse to develop a higher earning capacity.

It's no joke that many people make it a mission to look for a wealthy spouse.

But Thatcher enjoyed two large advantages — an Oxford education and a wealthy spouse.

Opponents, which included an odd coalition of the Catholic Church and women's advocacy groups, argued no - fault divorce debases marriage, making it too easy for couples who should be working out their problems to throw in the towel (the church) and suggested it will now be too easy for the wealthier spouse — usually the man — to leave their partners without adequate resources (NOW - NYS President Marica Pappas blasted what she dubbed «divorce on demand»).

In the past, Eldridge did not have to reveal the finances of his wealthy spouse because the federal government did not recognize gay marriages.

With such behavior, your wealthy spouse will be assured that you love him, not his money.

A prenup that sets out what will happen in a divorce can ensure that the wealthier spouse does not take on an unfair financial burden in the event of a divorce, and that the less wealthy spouse is fairly taken care of.

Caroline Bowden examines whether cases containing complex factors, but wealthy spouses, should be easy to settle

A prenuptial agreement can protect the wealthier spouse in a marriage where both parties have vastly different incomes.

Typically, unless you have married another lawyer or a wealthy spouse it tends to be a reversal of fortune experience when you have a marriage breakdown,» says Keith.

Is there any cap in California on how much the less wealthy spouse can spend on legal fees (e.g., lawyers) in case of a divorce?

In a California divorce, the wealthier spouse must pay both sides of the battle even if they are not the aggressor.

In many states a wealthier spouse will have to pay the reasonable attorney fees and other expenses of a less wealthy spouse until the divorce is complete, because otherwise the less wealthy spouse would be at a very unfair disadvantage in court.

A prenuptial agreement gives instruction for how that is to be done in the event that the marriage dissolves or the wealthier spouse passes away.

Unfortunately, some wealthy spouses think that they can hide their assets — placing them under the control of companies, or moving them offshore.

London is known as one of the fairest locations for a less - wealthy spouse to bring a divorce.

The new law promotes fairness in divorce cases by giving a needy spouse — who does not have the money to retain legal counsel — the same opportunity as the wealthier spouse to hire a skilled Orlando divorce attorney who is competent to handle all aspects of their case.

In a landmark 2013 case, a New York appeals court voided a prenuptial agreement because the wealthier spouse lied, promising he would tear it up if certain conditions were met after the wedding.

There are several different factors taken into consideration in determining the amount and length of time of alimony paid, such as the characteristics of the spouse, the couple's standard of living during the marriage, the length of marriage, and the ability of the wealthier spouse to support the recipient.

In sum, utilizing the collaborative process just makes sense when drafting a prenuptial agreement because (i) it aids in transparency and ensures fairness for the less wealthy spouse while (ii) it also provides confidence to the more wealthy spouse that the prenuptial agreement will likely be upheld if ever challenged in court.

In the Collaborative Process, the less wealthy spouse is able to express fears about being bereft of assets or support in the event of divorce or death.

Myth 2: Prenuptial agreements are designed to simply protect the wealthier spouse and strip the other spouse of all of his or her rights.

The wealthier spouse is able to be direct about the desire to preserve his or her wealth and what he or she is prepared to do consistent with his or her goals.