Arizona residents may have heard that the founder of the $20 billion Citadel LLC has filed for divorce from his wife of 11 years. He allegedly did so without her knowledge, but the couple had been separated for a year. The founder's wife is a former hedge fund...
Divorce
How to best divide a home during divorce
What's the best way to divide a home during divorce? For Arizona couples going through the property division phase of divorce, this may be a particularly pressing question. There's no single correct way to divide a home, and different financial experts may offer...
Property division in “grey divorces”
America has seen an increase in the national divorce rate over the last several decades, and it is well reflected in the aging population of Arizona. The divorce rate for people over 50 is twice what it was in 1990, and the percentage of people between ages 65 and 75...
Frank McCourt awarded legal fees after divorce dispute
Residents in Arizona may be interested in a recent ruling in a high-profile high-asset divorce dispute. According to reports, Frank McCourt, the former owner of a Major League Baseball team, was awarded $1.9 million in legal fees after his former wife sought to change...
Pets have uncertain place in divorce
Melanie Griffith and Antonio Banderas' divorce highlights a problem with asset division that Arizona couples with pets might encounter. Reports suggest a custody battle might ensue over the famous pair's three dogs. Griffith wants the dogs, but this may be a...
Financial tips to prepare for divorce negotiations
The financial implications of divorce can be difficult to understand and address. Couples getting divorced should know what steps to take to protect their financial futures but where should they start?If you are getting divorced, there are many things you should...
Divorce rate higher for women who become ill
A new study has found a surprising link between medical conditions and the risk of divorce in the United States. The risk of divorce increases when wives become ill. However, the risk of divorce does not increase when a husband's health declines, according to the...
Be aware of social media, finances during divorce process
Deciding to get divorced can be one of the most difficult decisions you will make during your life. If you are feeling worried or confused over how divorce will impact your life, you are not alone. During the divorce process, you will probably have many...
Retirement assets may be impacted by divorce
Many couples decide to separate and get divorced in the United States. While couples of all ages decide to get divorced, a new study found that older couples are more likely to get divorced. The study found that baby boomers have a higher divorce rate compared to...