» Divorce Law

Fairfax, VA (Law Firm Newswire) August 14, 2014 – For many years, wealthy families have used family-limited partnerships and limited liability companies to help leave family-owned businesses to their heirs in a way that could lower their gift or estate taxes. Recently, they have also been used to leave portfolios of publicly traded securities to their heirs at a discount. However, according to estate attorneys, the Internal Revenue Service (IRS) is planning to discontinue the use of such a discount. Generally, a married couple would establish a family-limited partnership to own securities or a business that they believe will rise […]


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Fairfax, VA (Law Firm Newswire) August 7, 2014 – The late North Carolina basketball coach Dean Smith left $200 to each of approximately 180 players he had coached for years. The payments are not from his will, but rather from his revocable living trust. A revocable living trust is an estate planning tool that is used partly to maintain some level of privacy concerning the details of one’s estate. While wills are public documents, and thus available to anyone who wishes to search public records, trusts are private. Smith’s generosity was publicized because players uploaded photos of his letters and […]


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Orange County, CA (Law Firm Newswire) August 6, 2015 – Children caught in the middle of contentious custody battles between divorcing parents can sometimes become victims of parental alienation. In a case that has grabbed nationwide attention, a judge in Oakland County, Michigan, held three kids — ages 9, 10 and 15 — in contempt of court for refusing to meet with their estranged father. During a June 24 hearing to arrange parental visitation, Judge Lisa Gorcyca decided to send the kids to Children’s Village, a juvenile detention facility. At their father’s request, they were released from the center on […]


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Fairfax, VA (Law Firm Newswire) July 27, 2015 – Marilyn Monroe in “The Misfits” walked from courthouse to bridge to toss her wedding ring into the river. Bridges are made to span the gap between two sides of a divide, and they are not normally associated with the creation of any division. But one bridge, a 105-year-old span over the Truckee River in Reno, Nevada, that has long been linked to newly divorced women through photography and film, has been scheduled for demolition. The span, which is officially called the Virginia Street Bridge, but is also known as the “Wedding […]


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Fairfax, VA (Law Firm Newswire) July 22, 2015 – Women agreed to collaborative divorce, sought legal declaration dissolving their marriage. Florida’s 2nd District Court of Appeal on May 29 granted a divorce to a lesbian couple in Tampa. The appeals court decision overturned a Hillsborough County circuit judge’s order from one year before that denied the two women, Keiba Lynn Shaw and Mariama Changamire Shaw, the divorce they were seeking. Circuit Judge Laurel M. Lee initiated the Shaws’ long wait for a divorce when she ruled in 2014 that the two women, who had married in Massachusetts, could not end […]


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Orange County, CA (Law Firm Newswire) July 17, 2015 – A divorced father in Huntington Beach, California, is calling for an overhaul of alimony laws, saying they are archaic and used unfairly by divorcing spouses to extract more money from their partners. Businessman Steve Clark has claimed that current alimony laws were drafted when most women did not work. Women now comprise nearly half of the work force in the United States. Alimony, also known as spousal support, is the payment one spouse makes to another after a divorce, based on a court decision or an agreement between the couple. […]


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Fairfax, VA (Law Firm Newswire) June 19, 2015 – Largely GOP-backed measure includes retention of ‘stepped-up basis’ on capital gains. The House of Representatives on April 16 voted largely along party lines to repeal the estate tax. Seven Democrats joined 233 Republicans voting in favor of the repeal, while only three Republicans aligned with 176 Democrats against the repeal in the GOP-controlled House. The roll call on the estate tax was the first time in a decade that the lower chamber of Congress supported an end to what Republicans have called the “death tax.” But unlike the previous House vote […]


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Fairfax, VA (Law Firm Newswire) June 10, 2015 – Pact would enforce judgments across international borders, facilitate tracking of scofflaws. State capitals are not usually associated with the fate of international treaties. But the fate of an important international treaty on child support hangs in the balance after a key legislative committee in Boise, Idaho, voted on April 10 to reject the measure that must be passed by all 50 state legislatures in order for the U.S. ratification process to proceed. With only hours left in the state Legislature’s session, the House Judiciary, Rules and Administration Committee voted 9-8 to […]


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Orange County, CA (Law Firm Newswire) June 4, 2015 – In a recent high-profile divorce, former “Baywatch” actress Pamela Anderson received $1 million in her settlement with poker player Rick Salomon. The ex-couple, who announced their marriage in January 2014, released a joint statement. “Public divorces can be harsh and cruel — we apologize to our families and friends for any hurt and embarrassment we have caused — we have come to an amicable agreement and are moving on,” they said. Celebrity splits, including this one, tend to involve prolonged litigated battles in which money matters take center stage more […]


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Fairfax, VA (Law Firm Newswire) April 9, 2015 – Divorce is notably less prevalent now than it was 20 to 30 years ago. The percentage of lasting marriages has been rising in the general population of the United States, particularly among couples who have wed since the 1990s. And on March 4, the Defense Department announced that military divorces, too, have become less common. In 2014, the number of such breakups dropped to their lowest point since 2005. The Pentagon reported that 3.1 percent of married officers and enlisted service members had divorced by the end of 2014 – a […]


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Fairfax, VA (Law Firm Newswire) April 2, 2015 – A woman from the Richmond area was recently ordered to pay spousal support to her husband, a man who had attacked her with a hammer and who was later convicted of a felony. Her experience prompted a bill in the Virginia House of Delegates that suggested prohibiting courts from awarding alimony to a spouse who has been convicted of domestic violence. But that measure died in a House of Delegates committee on February 10. Del. Christopher Peace, R-Mechanicsville, sponsored House Bill 2105, which died in the House Courts of Justice Committee. […]


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Orange County, CA (Law Firm Newswire) February 20, 2015 – Early this year, Forbes published an article encouraging those who cannot afford the cost of divorce litigation to consider turning to financing firms that specialize in divorce litigation. But according to divorce mediator Gerald Maggio, the existence of these firms simply underscores the spiraling costs of divorce litigation, and he notes that the financing process is not often appropriate for American couples. “The cost of litigated divorce has gotten out of control,” said Maggio, who practices in Orange County, California. “Although most individuals involved in a litigated divorce face attorneys’ […]


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Orange County, CA (Law Firm Newswire) February 26, 2015 – As tax season approaches, Forbes and other financial publications have begun publishing tax tips for the nearly-divorced and newly-divorced. Family law attorney Gerald Maggio says that while these annual articles often do an excellent job helping those with a finalized divorce understand their options, those still in the middle of a divorce are often left needing more guidance. “These articles often fail to fully explain the ramifications of the filing choices that are open to still-married individuals,” said Maggio. “Those in the midst of a divorce should take the time […]


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Fairfax, VA (Law Firm Newswire) January 30, 2015 – Conservation easements played a major role in the estate planning of Mellon family parcels for sale. Several key pieces of real estate were among the marquee items in the estate of the late Listerine heiress Rachel “Bunny” Mellon, who died in March 2014 at the age of 103. One of them, a 100-acre estate in Nantucket, Massachusetts, sold for $21.5 million on December 18. As in the case of the Virginian’s other properties for sale, estate-planning-relevant conservation restrictions were attached to the island property. The Bunny Mellon property made headlines in […]


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Orange County, CA (Law Firm Newswire) January 29, 2015 – One of the little-known benefits of divorce mediation is the ability it gives couples to plan for future taxes, says Gerald Maggio, a California divorce mediator.   A recent article on Fox Business pointed out that divorced couples who do not communicate clearly about taxes can end up with rejected returns, audits and tax penalties. “Tax rules are already complicated, and a divorce can complicate them further,” commented Maggio. “Too little communication too late can create major problems.” According to Fox Business, divorced or separated parents must agree which parent […]


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Orange County, CA (Law Firm Newswire) January 26, 2015 – The state of Mississippi does not recognize same-sex marriages. A divorce case before that state’s Supreme Court may change the national marital landscape. In 2013, a Mississippi County Chancery Judge ruled the state’s constitution and statutes forbade him from granting a divorce to a same-sex couple. The women were married in California in 2008, and could have obtained a divorce in that state. However, they moved to Mississippi to buy a home and ended up going their separate ways in 2010. The foundation of the argument before the Supreme Court […]


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Fairfax, VA (Law Firm Newswire) January 23, 2015 – Multi-billionaire Harold Hamm is making the case that passive factors led to the acquisition of wealth during his former marriage — and that his ex-wife is therefore entitled to less of the oil fortune than originally determined. In November, one of the largest divorce cases in U.S. history seemingly concluded when an Oklahoma court ordered oil kingpin Harold Hamm to pay his ex-wife nearly $1 billion. At the time, Hamm, who was estimated to have a personal fortune of $19 billion, called the ruling “fair and equitable” and declared himself happy […]


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Orange County, CA (Law Firm Newswire) January 22, 2015 – The National Parents Organization (NPO) gave California a “D” in a recently released report card on the state of shared parenting in child custody arrangements across the United States. According to Orange County divorce mediator Gerald Maggio, the grade is not a reflection on California’s parents, but on California’s divorce courts. “This report looks at legal statutes and judicial practices in each state to determine how favorable the court system is to shared parenting in child custody cases,” said Maggio of California Divorce Mediators. “In California courts, child custody decisions […]


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Orange County, CA (Law Firm Newswire) December 31, 2014 – Recently, the divorce of an older Midwestern couple made headlines as the spouses waged a high-profile legal battle in court over a multi-billion dollar fortune amassed during a 26-year marriage. But that case is an anomaly. As the divorce level rises among couples over 50, experts suggest that the only ones getting rich are the divorce attorneys.  An article in AARP pointed out that in 2010, the divorce industry made $50 billion, while many of those getting divorced ended up in financial difficulty. Maria Cognetti, the president of the American […]


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Fairfax, VA (Law Firm Newswire) December 30, 2014 – Ex-mayor of Buena Park, Calif., caught falsifying driver’s license documentation. Buena Park, Calif., is perhaps most famous as the location of Knott’s Berry Farm, a theme park popular with families. But as of November 19, it has gained notice for another child-centric, though less family-friendly matter: its former mayor, Sangjin Miller Oh, received a sentence of six months in jail and three years probation for lying to the Department of Motor Vehicles in an attempt to avoid paying child support. An Orange County jury found Oh guilty in May of five […]


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