070522 / 18 posts found

7 Financial Mistakes To Avoid When Splitting Assets During A Divorce

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Divorce is a tough process on a personal and emotional level. It can be disruptive to families and impacts your life on nearly every level. Beyond these challenges, divorce is a major financial event for most people. That’s why it’s so important to understand the ramifications of your financial choices in divorce to steer clear of costly financial mistakes. Here are seven mistakes that should be avoided when it comes to splitting assets as part of a divorce. 1. Keeping the marital home when it’s not financially feasible  In dividing shared assets during a divorce, it can be tempting to […]

New reforms in divorce proceedings consolidate grounds for divorce as ‘incompatibility’

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Views: 158 Posted: Thursday, May 5, 2022. 1:02 pm CST. Photo Credit: Jupiter Images/Getty Images By Aaron Humes: In further reforms to the legal code, the Attorney General will introduce at the next sitting of the House of Representatives a bill to amend the Married Persons (Protection) Act, Chapter 175 of the Substantive Laws of Belize, Revised Edition 2020, to remove the listed grounds of fault on an application for judicial separation before the Family Court. Presently, married women may apply for judicial separation under Section 3 of the Act on eight separate grounds, of which more than […]

Will Smith and Jada Pinkett to divorce and start legal battle to divide their fortune: Reports

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In a single instant Will Smith became one of the most attacked characters in Hollywood, all as a result of the slap the actor gave Chris Rock on stage at the Oscars 2022 to defend his wife, Jada Pinkett, after the comedian made a joke about her alopecia. A little more than a month after that world-renowned episode, too much has happened in the life of the Best Actor Oscar winner for his role in King Richard, from being the victim of countless criticisms to different rumors surfacing about the true face of Smith and Pinkett’s intimate life. Smith and […]

The ugly face of modern divorces tainted by bullying, online harassment

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After Emily Pina’s parents separated, the 27-year-old in Phoenix said she spent years listening to her dad beg for the return of his family. He turned up the volume once her mom started dating. Sound familiar? “It’s the same thing as Kanye and Kim,” she said. And like the celebrity couple, her dad’s digital life played a role in his breakup as it often does in contentious divorces. Kanye West, now legally known as Ye, has gone quiet on Instagram after weeks of ranting publicly about Kim Kardashian in the name of fatherhood, which many saw as bullying and intimidation. […]

Cope With A Messy Divorce And Come Out Stronger

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Divorcing someone you thought you’d be spending the rest of your life and growing old with is far from easy. It’s challenging to call it quits and, when you decide to, unfortunately, even under the best circumstances, certain aspects of it are difficult to handle. After all, going through loss can never be easy, right? However, if you or someone you know is in that situation, here are some tips that might help.   Don’t Be Hard On Yourself More often than not, people go through plenty of emotions during a divorce and end up blaming themselves for it. It would be […]

Johnny Depp’s Amber Heard Divorce Settlement Pails in Comparison to What Mike Tyson & Sugar Ray Leonard Had to Pay

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The top-notch couple of Hollywood Johnny Depp and Amber Heard have divorced. The dispute between the pair sustained longer than their relationship. However, the cost which Depp paid for divorce, recalled Mike Tyson and Sugar Ray Leonard, who also paid millions for official separation from their wives. ADVERTISEMENT Article continues below this ad The Pirates of the Caribbean sea star and Heard began dating in 2012. After being romantically involved for years, the pair engaged in 2014 and eventually got married in 2015. Unfortunately, things between the couple went wrong, and they got divorced in 2016. ADVERTISEMENT Article continues below […]

Thousands could risk pension poverty after divorce, as average age of separation rises to record high

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• The average age of divorce is now 47 for a man and 44 for a woman • One in seven (15%) didn’t realise their pension could be impacted by getting divorced • A third (34%) made no claim on their former partner’s pension when they divorced • One in twelve (8%) divorcees don’t have their own pension and were relying on their partner to finance their retirement • One in five (19%) divorcees will be significantly financially worse off in retirement because of a divorce Latest figures from the ONS1 show that in 2020, there were 103,592 divorces granted in […]

Real-World Litigation Effects of Energy Contract Clauses: ‘No Waiver’ Clauses | Morgan Lewis – Power…

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Authored by litigators from our energy team, the Not Just Boilerplate series on Power & Pipes provides real-world examples of the impact that certain contract clauses can have on energy companies. Whether in repeat form agreements, employment agreements, or heavily negotiated one-off deals or mergers, there can sometimes be a tendency to just “grab” clauses from prior agreements, with the thinking that “it has always worked before . . .” Our energy lawyers have experience with a wide array of litigation matters that have turned on various common contract clauses, some of which may have not received much attention at […]