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Divorce
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Gift Registry For Divorcées: Brilliant or Baffling?
Divorce requires lots of support from the people who care about the couple who's splitting up, and now friends and family can be even more helpful along the path to starting over. UK department store Debenhams has launched a divorce registry system for ex-Mesdames and Messieurs who need a little assistance in building their new single lives.
The divorce registry is set up exactly like your typical wedding registry.
Texas Offering Cash Incentive For Pre-Marriage Counseling
Texas lawmakers can't stop couples from walking down the aisle, but they can make it more expensive to be named husband and wife. There's a high divorce rate in Texas and lawmakers think that number will go down if couples undergo pre-marriage counseling. A new federally funded program called Twogether in Texas is based on the hope that couples would rather sit through counseling sessions than pay extra for their marriage licenses.
Could You Put a Price on a Fresh Start?
Some people get a new look after a big breakup and others take more drastic measures like placing their lives on the market for a fresh start. The winning eBay bid for the newly divorced Australian man's life was $383,000; it wasn't as high as he'd hoped, but he's still looking forward to unloading all of his belongings including his home, car, motorbike, and jet ski. The sale also included a two-week opportunity to try out his job to see if it's a fit.
Prenups Are Legally Binding, But Not Everywhere
Charlotte's first Sex and the City husband, Trey McDougall, comes from Scottish blood, but he'd probably be a proponent of the UK Law Commission's discussion to make prenuptial agreements legally binding.
Americans are no strangers to the legal contracts that outline the division of assets in case of divorce, while couples in the UK haven't been operating under the same options. Remember when Paul McCartney paid Heather Mills a settlement of $48.6 million as the result of an intense divorce proceeding?
Are Men Who Receive Alimony Any Different Than Women?
A story about men receiving alimony payments from their ex-wives got front-page placement in the Wall Street Journal this week. Some men who have been hiding their financial arrangements are now "shaking off the stigma of being supported by their ex-wives." In case you're not exactly sure, the WSJ explains what exactly is alimony.
Was the McCartney-Mills Divorce Settlement Fair?
Paul McCartney and Heather Mills finally settled their divorce this week. She began the process requesting $254 million but ended up getting $48.6 million from the settlement. There was no prenuptial agreement involved when the couple married in 2002, and while Heather had some of her own acquired wealth it came no where close to the $800 million that Paul has in his Beatles name.
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Your Two Cents: How Do You Feel About Prenups?
"Unromantic, but important." At least that's what a recent USA Today article had to say about prenups. According to the story, which pictures Elin and Tiger Woods as a weighty reminder of when marriages fail, Suze Orman and Elizabeth Gilbert, author of Eat, Pray, Love, also advocate a prenuptial agreement as a way to protect yourself.
I'm Not Saying She's a Gold Digger . . .
London's credit crunch and financial turmoil has unfortunately mirrored that of the US, and finance types in the British capital are preparing themselves for reduced bonus payouts this year. While these guys are dreading to see how the year's financials actually play out, they're also being played by the women who said for better or for worse.
The head of a London law firm noted that "Historically during a financial downturn the divorce rate amongst high earners has increased," and based on this assumption the firm recently surveyed 100 analysts, stockbrokers, and hedge fund managers.
Well-Educated Women Have Less Successful Marriages
A survey of more than 100,000 professionals found that the more educated a woman, the less likely she'll have a successful marriage. Those with MBAs are twice as likely to get divorced or separated as men with the same educational background, and slightly more likely to have a failed marriage than women with bachelor degrees. Women with law or medical degrees are also more likely to divorce or separate than men with equivalent diplomas.
Milla Jovovich Hasn't Always Been Financially Secure
As a woman who once topped Forbes' Richest Supermodels of the World list, Milla Jovovich knows a thing or two about earning money. Milla came from a modest background and told Bankrate that her family had "pretty much nothing but the clothes on our back" when they arrived in the US.
Her upbringing heavily influenced the way she views financial security, and the striking supermodel explained that her parents divorced over finances and fights over what they could and couldn't afford.
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