People have long understood that one of the biggest problems with curbing the societal scourge that is domestic violence is that it is vastly under-reported by people who suffer through these vicious and dangerous cycles.  Many times someone will be suffering abuse for months, years or even decades at a time and never tell anyone.  Clearly, this makes it much more difficult to deal with proactively and it makes it much more difficult to treat.  However, the results of a new study indicate that a new strategy could be promising.

Many people who are married and who contemplate the possibility of ending that marriage hesitate to proceed to filing for a divorce for many reasons.  Given all of these reasons for hesitation, one common step that people will take before ultimately pursuing a divorce is to separate or in some cases to legally separate.  This step is considered a ‘half-way point’ between marriage and divorce and it is thought by many to provide spouses an opportunity to evaluate things and to decide if their marriages should continue.

The 2010 United States Census provided the raw data that eventually led to a study that revealed that members of the Baby Boomer generation are getting divorced at a much higher rate than their predecessors.  This discovery led to additional studies with regards to divorce rates among people of different types and in different locations that looked at age as a whole instead of as a snapshot.  A recent study performed in Canada has shed more light on this issue.

For many years, one of the generally accepted norms regarding the potential success of a marriage was that if a couple lived together while they were engaged but before they were married, that couple was more likely to ultimately pursue a divorce than people who did not live together before marriage.  However, a recent study has been completed by the government that suggests that this norm could be changing with the times.

When people of a high net worth decide to end their marriage, they tend to become involved in what can easily become extremely complicated situations as they relate to dividing the marital estate and accounting for all of the assets.  Unfortunately, many of these high asset divorce cases lead to fraudulent attempts to conceal assets and then to allegations regarding this type of conduct.  That appears to be what is occurring in a New York divorce case.

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.

When people who have been married for quite some time decide to pursue a divorce, the situation can be both simpler and more complicated as compared to younger spouses.  The process can be simpler if any children of the marriage have already reached adulthood, but the process of dividing the assets and dissolving the marital estate can be extremely difficult.  A recent study completed in Canada also has revealed that a substantial number of older divorcees face serious financial difficulties as a result of the end of their marriages.

Specifically, a study completed by the Bank of Montreal revealed that married adults who complete a divorce between the ages of 67 and 80 generally suffer through the largest overall decrease of wealth as a result of this divorce when compared to other age groups.  Overall, people in this position can endure a decrease in their income by as much as 37 percent as soon as they are no longer married.

Clearly, this study is garnering strong reaction from many different researchers and groups involved with the study and analysis of family law and divorce.  Experts are sounding the alarm that everyone should carefully manage their assets and make sure that they are not left without financial options should an unexpected situation such as divorce arise.

San Diego Divorce Lawyers

People of all ages can suddenly encounter the need to obtain a divorce.  Those who are a bit older have much to lose in terms of their finances and their overall financial stability if they are not properly prepared to protect and enforce their legal rights and interests.  Therefore, anyone who is not properly prepared for this possibility needs to take immediate steps to protect themselves.

If you are facing the prospect of a divorce and you need help in protecting your interests, you need to seek the help of San Diego 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.

In recent years, several different jurisdictions around the United States have considered bills that would require those who intend to get married to attend pre-marriage counseling classes that would teach them how to be the most effective spouses possible.  These classes have sprouted around the country whether they have been required by law or not, and researchers at Brigham Young University decided to take a close look at these classes to measure their effects.

For generations, women faced a hard road after they completed a divorce with their husbands.  Statistics showed that a majority of them suffered a decline in income of at least 25 percent after their divorce was complete.  However, according to a recent study, fewer women are suffering through this level of income decline after a divorce now as compared to the 1970's, but it also appears that the opposite effect is taking place with men.

Traditionally, when people got married and then moved to another state only to decide at that point that they wanted to obtain a divorce, the rules regarding legal domicile required them to pursue that divorce in the jurisdiction where they lived when they made that decision.  These laws basically exist to prevent people from 'forum-jumping' so that they could take advantage of different standards that exist in different states.

When people of a high net worth decide that it’s time to pursue a divorce, they often must deal with a complicated property division process such that the result is fair and equitable.  This is particularly difficult when one of the spouses owns a business that has been supplying the family with income and other assets during the marriage.  Unfortunately, mistakes in this regard are often made by those involved to the point where the split is not equitable and/or unforeseen and punitive tax consequences can arise for one or even both spouses sometime down the road.