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June 2013 Archives

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Would your child support dispute change with reformed laws?

State and federal legislators are usually doing their best to keep laws up-to-date and in line with the most recent evidence of effectiveness. Family law has traditionally been within the realm of state law, with the legislators in each state laying out their own unique approaches to the many different problems within this area. However, over the recent Father's Day weekend President Obama waded into this complicated area of law, saying in a speech given that day that Americans should "reform our child support laws to get more men working and engaged with their children."

Asset division could be a major factor in Murdoch divorce

From time to time the divorce of a high-profile couple will consume the news media, for a variety of reasons. When Tom Cruise and Katie Holmes divorced, much of the news coverage was focused on what would happen with the custody situation for their young daughter, Suri. When Kim Kardashian and Kris Humphries divorced the media was obsessed with determining whether the whole marriage was a sham to begin with. Now, there is another couple in the headlines because they have filed for divorce, but this time the news is focused on much different topics: one of the parties himself is a member of the news media elite, and it is likely to be a high asset divorce - perhaps as high asset as it gets.

Do you think of insurance when you think of assets?

When our Maryland readers think about complex property division, they probably envision huge amounts of marital property that is subject to a split, along with numerous bank accounts, the complex valuation of artwork or vicious fights over assets that have sentimental value to both spouses. However, one difficult part of the property division process often gets overlooked: splitting insurance.

How do you protect your bank account balance in a divorce?

Arriving at the decision to file for divorce can be the toughest part of the process for many people throughout the country. The decision itself can be such a major turning point in life that oftentimes a great deal of thought and second-guessing occurs. There can be many factors at play: children and the impact the divorce will have on them; wondering whether or not there are any options left to salvage the marriage; and, ultimately, the deciding point for some people is where their bank account balance will stand afterward.

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