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Written by Karen B. Hall
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Wednesday, 22 April 2009 09:00 |
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 An interesting new case, Harris v. Harris, was released recently from the Tennessee Court of Appeals on the modification of alimony when the recipient, in this case the Wife, remarried. When the parties were divorced, the parties shared joint custody of their daughter, and the Husband was ordered to pay Wife transitional alimony of $4,000 a month for four years. Six months after the divorce, the Wife remarried and began living with her new husband and his four children. The first Husband petitioned the court to reduce or terminate the alimony payments. At hearing the Wife, a physician, showed that she was starting a new job that paid $95,000 a year but that her monthly deficit was $1,300, even with her new husband’s annual income of $75,000. They shared expenses, she paid rent, utilities and part of the household expenses, including those of all the children. At hearing the Husband showed Wife had purchased autos, a horse, a new home and gone on vacations. The Court found that Wife still needed alimony. The amount of alimony was reduced to $1,500 per month but the Court left the order in place for an additional three years of payments. Photo: striatic |
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Last Updated on Wednesday, 22 April 2009 16:11 |
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Written by Karen B. Hall
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Tuesday, 17 March 2009 16:00 |
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 On Sunday, March 15, Brighton, England, hosted Great Britain’s first-ever divorce fair. The "Starting Over Show” was designed to help people “bounce back” from breakups. It focused on the positive and offered support to those experiencing a breakup. Attendees could talk to lawyers, counselors, financial advisors, life coaches and even astrologers. The show featured free financial surgery and even pastors taking part in “letting go” ceremonies to help people reach closure in their past relationships. Dubbed “New Beginnings”, the world’s first divorce fair was held in Vienna, Austria, in 2007. Austria’s attracted about 500 people and 20 exhibitors which included DNA testing companies offering paternity tests and private investigators. When asked about the effect on the new economy on relationships splits, a family counselor from Britain’s fair said the recession was triggering relationship splits but that she also believes financial problems do not necessarily have to spell the end if advice is sought early. “People should realize that they can make it work,” she said. “It takes a lot of patience, a lot of courage but life is too short and sweet to live it unhappily.” Life is, indeed, too short and wonderful to live it unhappily. And for those facing or going through breakups, is Memphis ready for a “divorce fair”? |
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Written by Karen B. Hall
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Wednesday, 11 March 2009 19:49 |
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 Ever wonder what it takes to make a marriage last? So do we. And if the experts can’t agree, is there hope for the rest of us? Relationship experts were asked what they think of the tried, but not always true, love sayings. The results are fascinating. For example, take the love saying: “Your spouse shouldn’t be your best friend.” What the experts said: Pepper Schwartz: “I agree. I think you’re asking a lot of your marriage to have the level of confidentiality, truthfulness, and disclosure that a best friendship has. Your marriage can fulfill only so many roles.” Barbara DeAngelis: “I disagree. If your spouse isn’t your best friend, then what is he? I think it’s important that you not only love him but like him a lot, too.” For experts’ take on other love sayings, check out this link. |
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Last Updated on Monday, 16 March 2009 16:26 |
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Written by Karen B. Hall
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Wednesday, 11 March 2009 19:40 |
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 When a beloved fiancée asks, “Can we do a pre-nup?” it can rankle the other. Often used in second marriages or marriages that take place later in life, prenuptial agreements generally spell out how a couple will handle their financial assets if they divorce or one of them dies. But prenups are taking on new life! They now contain agreements about how often the couple will have sex or how much the parties will weigh during the marriage. Increasingly, people are including clauses that their health insurance will continue if they divorce! Putting something into a legal agreement doesn’t mean it’s enforceable. If one party breaks the agreement, the other has to either divorce the person or live with the breach. Even so, what would you have liked (or would currently like) in a prenuptial agreement?? |
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Last Updated on Monday, 16 March 2009 16:26 |
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Written by Karen B. Hall
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Wednesday, 04 March 2009 23:24 |
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 Robert Caldwell, CPA, of Caldwell & Bryant in Jackson, Tennessee, recently published an article in The City News which discusses an interesting concept: the new economy has created a new type of consumer which marketing consultant John Quelch calls “The Simplifier.” What is a “Simplifier”? First, they recognize that they have more “stuff” than they can use or need. Second, they want to collect experiences rather than possessions. Third, they find their “stuff” has become an embarrassment. Fourth, they are rejecting conspicuous consumption. While I could identify with at least parts of all four identifying characteristics, I was most intrigued – and identified most – with the idea of collecting experiences rather than possessions. Maybe the current economy is bringing us all to a new level of understanding and reality that is long overdue. Photo: creatingkoan |
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Last Updated on Monday, 16 March 2009 16:25 |
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