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July 2011 Archives

Jennifer Lopez and Marc Anthony announce divorce

After seven years of marriage, Jennifer Lopez and Marc Anthony announced their divorce in a joint statement this month. "We have decided to end our marriage," the couple declared in the statement. "This was a very difficult decision. We have come to an amicable conclusion on all matters," the statement continued. Lopez and Anthony are the parents of three-year-old twins.

Frank McCourt files for lower alimony payments

Any divorce has the potential to become a complex divorce. When there is a large amount of assets involved, the chances that the divorce will become complex increase. The divorce between Frank and Jamie McCourt is a good example of how this can happen.

Credit Suisse chief executive pegged with bloated interest bill

In a high asset divorce, the financial stakes are enormous and a few words in a settlement agreement can have a large impact. Recently, news broke that a forgetful moment coupled with a few words in a settlement agreement will cost Credit Suisse's chief executive more than $750,000.

Wisconsin man charged with interfering with child custody

When a divorcing couple in Wisconsin has children, the divorce decree will typically include a child custody order. These child custody orders have the full effect and force of the law and parents who try to change the terms of child custody on their own can face serious legal consequences.

Mel Gibson and wife reach deal to end two-year divorce case

Over the course of his 28-year marriage, Mel Gibson has accumulated a significant amount of assets. In addition to his wildly successful acting career, Gibson has also pioneered several successful projects as a director. He won a pair of Oscars for his famed 1995 film Braveheart, in which he both starred and directed.

Maria Shriver officially files her divorce petition

When the news initially broke that Maria Shriver and Arnold Schwarzenegger, it was not clear what was going to be next for the couple. They announced their separation just weeks after the 25th anniversary. The couple had accumulated substantial assets over those 25 years, with Schwarzenegger as a lucrative box office draw and Shriver working as an acclaimed journalist over many of those years. The couple also has four children, two of them under 18 years of age, together. If they were going to file for divorce, the issues of marital property division, child support, child custody, and alimony would need to be resolved.

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