A University of Minnesota professor made national news in September when a jury convicted him of three felony charges. The 57-year-old man was guilty of falsification of the amount in one retirement account and the omission of the existence of another account in efforts to cheat his wife out of an equitable share of the couple's assets. As we pointed out at the time, the wife stood to lose an estimated $353,649 if he had been successful in his scam to perpetrate a fraud on the Court while he cheated his wife.
A spouse may act mysteriously sometimes, perhaps indicating that a marriage is heading toward trouble. In recognizing this odd behavior, some may feel the need to check on the other spouse to see what they are doing. And in the information age, this is now easier to do than ever. With a few keystrokes, a spouse could conceivably open a laptop, go through emails or check browsing history.
Couples who file for divorce are obligated to negotiate in good faith as they go through the process. Ideally, they look at a complete list of their marital assets and then divide them in a fair and equitable manner. Sometimes it does not work that way and they end up in court. Occasionally, one of them ends up court for trying to cheat the system.
Acclaimed documentary filmmaker Michael Moore is famous for such films as “Bowling for Columbine” and “Fahrenheit 9/11.” He generally projects an anti-capitalist or left-leaning political point of view tinged with a flair for comedy.
The impact divorce has upon families is serious and wide ranging. Many have written about how parents can pick up the pieces or how to make the transition go more smoothly for the children.
Dividing assets during divorce can be complicated for those with large estates, businesses and complicated finances. Asset where there are sliding scales for value generally require outside experts to provide accurate valuation. This is especially true when a couple is trying value or divide an art collection.
Many people stay in unpleasant work environments, stick with losing battles or remain in bad relationships. There is actually a term for this: "the sunk cost effect". The rationale is that people invest so much energy money or time into something that we are hesitant to give up on it. This can even apply to closets full of clothes we do not wear or basements full of stuff we do not use.
Divorce is one of the most painful experiences that anyone can go through. The unpleasant task of discussing such private issues as finances, personal behavior around your family and details that are even more intimate can be very stressful.
Everyone complains about traffic when it gets bad, but it actually more than just an inconvenience. Dallas-Fort Worth-area metroplex made the top-10 worst commutes in the country. We made it in length of the commute (No. 5 with 54.95 minutes) as well as the stress level (No. 7) with Austin ranking third and Houston ranking sixth. This is according to a recent study commissioned by the staffing firm Robert Half, which collected data from more than 2,700 workers in 27 U.S. markets.
Divorce comes at a price. There is the emotional toll of the couple whose marriage falls apart, which can leave feelings on a spectrum from anger, frustration, and sadness to relief and even JOY. There are also the legal and financial issues to consider as the once-romantic partnership is dissolved and the estate is divided. Ideally, the couple can see eye-to-eye or negotiate their way to a fair and equitable settlement, but sometimes that is not possible. If that is the case, it can end up costing couples even more money.