Ending a marriage? Why not celebrate with a ‘divorce party’?
While it is not unusual for couples in Oklahoma to spend thousands of dollars on an extravagant wedding, an interesting new concept following divorce seems to be gaining steam: divorce parties. Professionals such as attorneys, event planners, bakers and academics have noted a new trend known as “divorce parties” is on the rise. For example, […]
Alimony and taxes are a hot topic for many spouses
One of the most interesting things about alimony — also known as spousal support — in our country is that it is considered taxable income to the receiving spouse. It is also tax-deductible to the paying spouse. Oklahoma residents may be surprised, however, to hear that, according to the Internal Revenue Service (IRS), some spouses […]
Eliot Spitzer will pay out big due to divorce
Oklahoma residents may be interested to hear that former Gov. Eliot Spitzer will be shelling out quite a lot to his ex-wife following the couple’s divorce. He will be paying her alimony in the amount of $240,000 annually until either her remarriage or her death. In addition, as part of a postnuptial agreement the parties […]
Maintaining a cordial divorce for the sake of the children
While usually a divorce is ultimately in the best interests of both spouses, negotiations and sometimes concessions may still need to be made. For couples in Oklahoma with children two of the major decisions that will need to be made are decisions regarding child custody and child support. There are ways, however, to make sure […]
Hidden reactions can adversely affect divorce
In Oklahoma, many people going through divorce understand the need for restraint and not overreacting in obvious ways. However, it has become increasingly apparent that subtle reactions are the true enemy of divorce decorum. In a name, that understated foe is called social media. Social Media and Divorce During a divorce, emotions run high, spurring […]
Healthcare becoming a non-issue in divorce settlements
In Oklahoma and throughout the nation, health insurance has become less central to divorce negotiations, according to The Philadelphia Inquirer. This change is due to the implementation of the Affordable Care Act. While the implications of the ACA as it pertains to divorce are only just emerging, it appears that unhappy couples will no longer […]
A prenuptial may save your marriage
Prenuptial agreements are a delicate subject. How does one approach the love of one’s life by requesting that they sign a document that will prevent them from obtaining some of your assets in a divorce? And maybe for a first marriage of a young couple with few assets, a prenuptial agreement may be unnecessary. But […]
Economic activity drives divorce rate and vice versa
The economy in the last few years has been hard on many people in Oklahoma. Many have endured loss of income from fewer hours at work or in the case of a job loss, no hours at work. Home values in Tulsa stagnated or fell, often leaving homeowners owing much more on their mortgage than […]
Do we really make divorce too easy?
A common complaint is that divorce is too easy. That seems something of an overstatement, given what many people who have gone through the process of obtaining a divorce recently seem to think of their experience. Nevertheless, a legislator in Kansas, like ours here in Oklahoma, believes divorce is too easy, and wants to remove […]
Divorce or marriage with tension-laden stress?
Last week, we mentioned a bill in the Oklahoma legislature that would impose a six-month waiting period for couples considering a divorce. The ostensible purpose would be to allow couples additional time to reconsider their divorce and perhaps reconcile. Mention was made that it benefits children for a couple to remain married. One question raised […]
