When people read about the economy and the media coverage that surrounds it, they are often told that economic conditions are slowly getting better.  Unemployment rates are slowly dropping and other markets are experiencing a slow rebound.  However, many people feel that the suffering on the individual level has not subsided, and that millions of people are enduring stress and other forms of negativity as a result of the economic recession.  Unfortunately, one of the issues that appears to be affected by the economy is domestic violence.

For many years across the United States, most jurisdictions have followed what’s known as a no-fault divorce system.  There were many reasons for this change in family law systems, not the least of which is that it allowed for divorces to be completed at a faster rate and without all of the antagonism that was involved with having to state a valid reason for a divorce.

Domestic violence is a scourge on society that inflicts many victims that include both women and men.  Unfortunately, domestic violence also harms children in many different ways, including when they are forced to witness these acts of brutality.  Statistics regarding domestic violence are always taken with a grain of salt due to what some believe is rampant under-reporting of the issue, but recently released statistics have begun to shed some light on the issue with regards to children.

In recent years, the entire country has moved to a system of no-fault divorce which basically allows one spouse to file to end a marriage without having to state grounds for doing so.  The last state to move to this system was New York in 2010, and in conjunction with that change came a new statute that was designed to deal with temporary alimony, or spousal support.  Unfortunately for many people, this temporary alimony law has created much controversy to the point where the law is being reviewed.

Generally speaking, legal actions and legal situations fall under certain statutes of limitations.  These statutes are basically time limits to bring an action.  The reason for this time limit is in the interests of general justice, but there are exceptions to this rule.  One high asset divorce case in New York could be reinstated despite the fact that it was originally litigated in 1990, as a federal appeals panel has heard arguments regarding this possibility.

The case involves the divorce of billionaire Steven Cohen and his divorce case that dates back over 20 years.  His former wife alleges that Mr. Cohen hid $5.5 million from his 1989 financial statement.  While an obvious statute of limitations argument was made, the former Mrs. Cohen argued that she did not become aware of this alleged hiding of these funds until 2008, and as a result the case should be allowed to continue.

No word or indication was given regarding whether or not this high asset divorce lawsuit would be reinstated, but if the former Mrs. Cohen successfully argued that fraud was the reason that she did not become aware of this $5.5 million for so long, it is possible that the federal appeals court could reinstate the lawsuit.  If so, she could stand to recover these funds if she successfully proves that these allegations are true and accurate.

San Diego High Asset Divorce Lawyers

When people of a high net worth decide that it’s time to end their marriage, these situations that relate to property division can become extremely complicated for many reasons.  In addition, these situations can become antagonistic because of the money that is involved with so many of these matters.  Anyone who faces the possibility of ending their marriage and they have many assets to deal with should take immediate steps to protect their legal rights and interests.

If you are of a high net worth and you are facing the end of your marriage, you need to seek the help of San Diego high asset divorce lawyers who have been fighting for the rights of clients for many years.  Contact the law office of James D. Scott today to schedule an initial consultation.

Most people understand that domestic violence is a dysfunctional cycle of behavior that rarely stops once it begins.  Domestic violence not only involves physical abuse, but it also involves emotional abuse that is inflicted by way of threats of additional violence.  In addition, many abusers understand that their victims need to remain employed for many reasons and therefore they can always be located.  Some sufferers of abuse have left jobs in order to escape this violence.

Anyone who has been through a divorce understands that it is a stressful and potentially harmful process for several reasons.  This is especially so when a divorce is nasty, antagonistic, drawn-out and costly.  However, the results of a recent study indicate that the amount of medical harm inflicted on people who have been through a divorce is more severe for younger couples that it is for those who are older.

Professionals and researchers have been studying divorce and divorce trends for many years in an attempt to learn more about what causes divorce and what effects divorce can have on people who go through this process.  A recent analysis of published studies, which is known as a meta-analysis, suggests that people who do go through a divorce tend to face higher risks of an early death.