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Divorce or Conscious Uncoupling?

In late March, celebrity couple Gwyneth Paltrow and Chris Martin announced they were pursuing a conscious uncoupling. For a divorcing couple, what might that mean? The media had a field day with the sincere separation statement made on a website maintained by Ms. Paltrow. Married since 2003, actress Gwyneth Paltrow and musician Chris Martin are Read More

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Protecting Your Professional Practice in Case of Divorce

Professionals of all types face some very specific challenges when they go through divorce. Determining the marital value of a professional practice or other small business — and then coming up with a distribution scheme that achieves an equitable split while keeping the business intact — is often a tense and complicated affair. Fights over Read More

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Financial Arguments May Predict Divorce

It is no surprise to learn that arguments about money may lead to divorce. Recent research not only affirms the idea, but digs a little deeper into why it might be. In recent years, job loss and related tensions have disrupted the peace of many marriages. But a Kansas State University study indicates financial troubles Read More

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You, Your Divorce…and the IRS

It should come as no surprise that a divorce, like many major events in life, involves changes in taxes. We know that in the heat of the emotional turmoil that comes with ending a marriage, the IRS might be the last thing on your mind — but ignoring tax-related changes can be a costly mistake. Read More

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When Divorce Involves a Business

A closely held business may be one of your most valuable assets — and as such, division of a closely held business in a divorce may be one of the most contested issues. It becomes even more complicated if marital assets unrelated to the business have been pledged as security for debts of the business. Read More

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Murdoch Divorce Highlights the Importance of Prenuptial Agreements

Business and media tycoon Rupert Murdoch is making headlines after news recently broke that his marriage of fourteen years would come to an end. Speculation has already begun as to how his estate — estimated to be worth in excess of $12.1 billion — will be divided between his wife, Wendi (née Deng), and himself. Read More

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