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WHAT IS CONSIDERED "HIGH NET WORTH"?

Divorce is never easy for anyone, but the stakes are usually much higher in a high net worth divorce case, where a substantial amount of money, property, businesses, assets, and other items end up on the chopping block for division. Of course, such divorces also involve all the usual sensitive issues other divorcing spouses face when dissolving a marriage, such as child custody, visitation, and support, as well as spousal support.

HOW HIGH NET WORTH DIVORCES SHOULD BE HANDLED DIFFERENTLY POSTED BY TIM CONLON

High net worth divorces must be handled differently than the typical divorce - it's the only way to protect the money, assets, property, and businesses at stake in these proceedings. When handling a high net worth divorce in Rhode Island, make sure you follow these crucial dos and don'ts.

MISTAKES YOU SHOULD AVOID WHEN FILING FOR DIVORCE

Every single year, hundreds of thousands of Americans will file for divorce, but most of them won't know what to expect. Stepping into a divorce without planning can lead you straight into some big yet preventable mistakes. If you don't want to jeopardize your best interests in your divorce, it pays to know what mistakes to look for and how to sidestep them.

JANUARY SEES SPIKE IN DIVORCE AS PEOPLE LOOK FOR NEW START

New Year, new start, and a new marriage? It seems to be that way. Family law firms and marital therapists across the country are taking to calling January "Divorce Month" due to the sharp rise in divorce filings this time of year; in many regions, the divorce rate spikes more than 300% when compared to the fall.

WHY DO PEOPLE FILE FOR DIVORCE? HERE'S 7 COMMON REASONS

A few hundred thousand Americans will divorce each year, keeping the country's divorce rate steady between 40% and 50%. This number seems dramatically high until you start to look at the facts closer and study why people are actually choosing to end their marriages. It should come as no surprise that happy marriages aren't ending in divorce.

SHOULD I STAY OR SHOULD I GO? WHO LIVES IN THE FAMILY HOME DURING DIVORCE?

As soon as divorce papers are filed and both spouses are aware of it, the marital home can start to feel like an unwelcoming place to spend the coming months. Many spouses understandably want to get out of the home and live quietly - at least comparatively quietly - with friends or in a small apartment until the divorce finalizes and the whole thing blows over. While this might seem like a responsible way of keeping the peace, it can actually damage the best interests of the spouse who voluntarily moves out.

THINGS THAT CAN VOID A PRENUPTIAL AGREEMENT

Prenuptial agreements are an effective way to protect your assets and set some useful guidelines upfront, just in case you ever decide to divorce your spouse. If you had the foresight to draft one, you deserve some congratulations, as many couples overlook them. However, you should also be aware that no legal document is ever guaranteed to hold up in court, and there may be some reasons why your carefully drafted prenup is actually considered null and void now.

IS THERE A WRONG TIME TO DIVORCE? REASONS SOME PEOPLE HOLD OFF

We are always told to listen to our hearts and follow our instincts - it really is pretty good advice - so when someone wants to file for divorce, they generally head to the courthouse as soon as they are certain the marriage should come to an end. This is not always the case, however, as some people choose to wait and intentionally delay before filing. What would cause them to believe that there was a right or wrong time to file for divorce?

FRIENDFINDER LEAKS 400+ MILLION USER ACCOUNTS FOLLOWING HACK ATTACK

FriendFinder Networks, an organization of multiple websites that are mostly tailored to swingers and other sexually-driven services and content, is dealing with societal backlash following a cyber-attack that leaked more than 412 million user accounts to the public. The hackers reportedly struck in late October, exhuming private identifying information from six of FriendFinder Networks websites, dating back as far as 1996 and accessing information that users thought they had deleted and buried. The vast majority of the exposed accounts - roughly 340 million - originated from AdultFriendFiender.com, a website advertised by the company itself to be "the world's largest sex and swinger community."

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TJC • ESQ

TJC · ESQ
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Providence, RI 02903

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