Tips to Prevent Assets From Being Hidden
In this time of economic turmoil, I anticipate the divorce rate will increase. When money is available to fund a comfortable lifestyle, spouses are more forgiving of minor transgressions. But, when there is less cash available, it is more difficult of overlook a spouse’s foibles and failings. So, as the marriages begin to unravel, the inclination of some disreputable spouses may be to hide or stash away marital assets. Divorce 360.com offers some tips to Know When your Spouse is Hiding Cash. Some of most common methods of hiding money are: moving money from a joint account to an individual one; putting...
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Rich and Poor Equally Unhappy in Marriage?
Janet Langjahr in her Florida based divorce and family law blog, reports that money does not equate with happiness in marriage. Citing an article, The Rich and Unfaithful, in Forbes, she says that the wealthy are no happier in their marriages than the not as well off. About half of wealthy people describe themselves as unhappy in their marriages, and just as many admit to cheating on their spouses in the last three years. (Interestingly, more women than men owned up to affairs.) Somewhat ironically, the excuse cited for unfaithfulness was desire for variety. Although half of the affluent were...
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Divorce Rates Soar Even in Saudi Arabia
Divorce is not only rampant in America. Crossroads Arabia reports that divorce is so prevalent in Saudi Arabia that divorce lawyers are turning away new clients. Sixty-two per cent of marriages in the western region in Saudi Arabia end in divorce, with a large percentage of those being less than 25 years of age. The number of young divorcees is increasing. Some are getting divorced after one or two years of married life. Coming across a 20-something divorcee is not strange anymore. Khaled Abu Rashid, a Saudi lawyer, said that with a huge number of divorce cases, law firms in...
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