A HOUSE DIVIDED - Ripped From The Headlines

Last month millionaire Simon Taub built a wall in the center of his Brooklyn house; dividing the residence he shares with his estranged wife, Chana.

Assets Frequently Overlooked In A Divorce

Be sure your final agreement divides the capital loss carryover which allows you to deduct your capital losses from your gains. You can also use the carryover loss on a more limited basis to reduce your taxable earned income.

 

Heartbreak's Revenge: A Review

It’s not uncommon for people to wonder if the fact that a party has been unfaithful during the marriage will make a difference in the outcome of a divorce. Can the “innocent party” be awarded a greater share of the community property? Or, can the spouse’s lover be sued?

Go to Jail for $125,000.00 a Week ?

Goold v. Superior Court

A husband agreed to an in court settlement and he was ordered by the court to transfer the house to his wife. After the court hearing, but before the written orders were filed, he took out an additional $250,000 in mortgages, sold the house to a third party and pocketed the proceeds. He was found guilty of contempt of court and sentenced to just a little over two weeks in jail. The husband appealed the decision and the appellate court affirmed the trial court’s decision.

In re Marriage of Leni

On November 15, 2006, we learned it is okay for your spouse to use community funds to pay your mother-in-law’s expenses even if you haven’t given your consent. This is the holding of the recent case, In re Marriage of Leni (which said the husband did not have to reimburse the wife $12,000 . . . yet. The case was remanded. This means there will be further proceedings at the trial court.) California, like many other states, has a law which requires adult children to support their indigent parents.

The Role of an Attorney

The obligation of our profession is, or has long been thought to be, to serve as healers of human conflicts. To fulfill our traditional obligation means that we should provide mechanisms that can produce an acceptable result in the shortest possible time, with the least possible expense and with a minimum of stress on the participants. That is what justice is all about.Chief Justice Warren Burger.

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