Like a lot of people, seeing the month of December flip over on the calendar every year brings on both excitement and dread for the remaining days of the year. Presents, parties, merry-making, decorating trees: pros. Spending hundreds of dollars I don’t have, the inevitable cookie- and cheese platter-induced weight gain, and a to-do list that doesn’t end until January: cons. But the biggest challenge of the holidays for me, as a person with divorced parents, always has been choosing where to spend them. And now that I’m married to a guy with divorced parents, too, it’s getting even trickier. We have four sets of parents, but, of course, there’s only one Christmas Day. Keep reading »
In fun holiday news, a new type of investment company is popping up around the country. If you’re intimidated by the stock market, maybe you’ll want to invest in divorce proceedings? Or not. Two companies—Balance Point Divorce Funding in Beverly Hills and Churchill Divorce Finance in New York—let you contribute to a woman (or man) going through a divorce proceeding and cover, say, a part of their lawyer’s fee or the cost of an investigator to seek out hidden assets. In exchange, you get a percentage of the settlement that’s reached in the end.
Before you get all up in arms about the state of our society, this actually isn’t the worst idea ever.
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“Things were so unhealthy and unhappy for both Jordan and me. I knew I had to end it. I really didn’t want to hurt Jordan, and I felt torn about splitting our family up. … When you’re unhappy in your marriage, your children are the ones who suffer. That’s the last thing I wanted for my son.”
—Christina Aguilera talks about why she and husband Jordan Bratman opted for divorce. Notice that there’s no mention of Matthew Rutler here. [People] Keep reading »
Prenups are a backup plan. Like any other backup plan — the fold-up flats in your purse, tampons in your desk drawer at work, the rape whistle on your keychain — you don’t expect to use it, and you really hope not to, but thank God it’s there when you need it. For women, divorce is financially dangerous, and you’re necessarily subject to a 50 percent chance of suffering from it if you marry. After the jump, I’ll debunk popular excuses for avoiding a prenup. Keep reading »
A new survey by the American Academy of Matrimonial Lawyers found that one in five divorces cite Facebook activity as evidence of cheating, proof the spouse has gone crazy town, or documentation of irreconcilable differences. What? “He likes to play Farmville, I don’t know who he is anymore.” If only. Apparently, most of the problems seem to stem from people reconnecting with their old flames on the site and then flirtin’ it up. Hey, it was from Facebook chats with his mistress that Eva Longoria found out Tony Parker was unfaithful to her early on in their marriage (what led to Eva filing for divorce recently, though, was her finding flirty text messages on Tony’s cell phone). But seriously, checking out old crushes is, like, 50 percent of the reason I have a page! Although, sadly (for me), most of them are gay now. Womp-womp! [Daily Mail] Keep reading »
Last time in Cash & Coupling, we covered how to go into a marriage making financial choices that would benefit you in the event of a future divorce. But what about after disaster strikes and the marriage is over? (I know, we’re thinking real positive around these parts.) Here are five tips designed to help new divorcees keep as much of their finances intact as possible as they bid their husbands adieu. Keep reading »