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Archive for June 2013

Remember to Breath: Taking Care of Yourself During a Divorce

Divorce is a difficult decision, and it is one that leaves many impending problems in its wake.  It is important to consider the repercussions on your family, your finances, and your estate.  But there is another thing to consider, that can often fall by the wayside when dealing with such an emotionally-wrought decision: YOU and your…

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UK Supreme Court Pierces the Corporate Veil in Landmark Ruling

This week, in a landmark decision by UK’s Supreme Court, the ex-wife of a Nigerian oil tycoon won a potentially game-changing divorce settlement.  It was argued that Michael Prest tried to conceal assets from his wife by hiding property in an offshore company. The decision to uphold an appeal by Prest’s wife was unanimous – with…

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Hollywood Divorce Sparks $10 Million Battle

Demi Moore and Ashton Kutcher have been tabloid fodder for years now, and yet it seems they are still making waves in the media, this time for their forthcoming divorce.  While Moore and Kutcher first announced their split in 2011, they are not yet divorced. Their divorce filing cited “irreconcilable differences” and Moore was originally…

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The Importance of Keeping Beneficiaries Updated

The importance of updating your beneficiary designations, specifically for policies which fall under Federal Employees’ Group Life Insurance (“FEGLI”)  for life insurance policies has just been highlighted by the Supreme Court’s 9-0 decision in Hillman v. Maretta.  During the marriage of Mr. Hillman and Ms. Maretta, Mr. Hillman named Ms. Maretta as the beneficiary of his…

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