Celebrities Who Should Have Created Prenuptial Agreements by Bryan L. Salamone and Associates P.C. on 5/10/2012 Marriage is forever. However, when it lasts a few decades, a few years, a few months, or in some cases, a few days, the division of property and assets can sting—especially if one spouse earned significantly more than the...more
When Asking For Spousal Consent Is Unlawful by Allen Matkins Leck Gamble Mallory & Natsis... on 5/3/2012 From time to time, a question will arise about the necessity of obtaining spousal consent in connection with the purchase or sale of a security. Interestingly, California declares it unlawful for any agent or broker-dealer...more
No Alimony When Cohabitating Couples Break Up in New Mexico by Collins & Collins, P.C. on 4/18/2012 A 2002 study from The National Survey of Family Growth found that nearly 50% of women between the ages of 15 and 44 had cohabitated at some point in their lives. Cohabitation has become a normal way of life for many people....more
No Interim Division of Income and Expense During a Co-habitation Break-up in New Mexico by Collins & Collins, P.C. on 4/16/2012 According to the U.S. Census Bureau, in 2010, 45% of households in the U.S. were made up of unmarried couples. Even though the trend on a national level is for couples to live together instead of getting married, under New...more
Handler Thayer Commercial Alert - The JOBS Act: A Revolutionary Opportunity On Hold by Christine McKillip on 4/5/2012 On April 5, 2012, President Obama signed the Jumpstart Our Business Startups Act (the “JOBS Act”) into law. The JOBS Act encompasses several significant changes to the federal securities laws, providing a proverbial facelift...more
Corporate Law and Family Law at the Crossroads: Spouses as Shareholders in Canada 2012 by Ellyn Law LLP on 3/27/2012 Small and medium sized businesses are the engines which drive the North American economy. Increasingly, people go in to their own business. Often spouses and other family members are in business together. Because of...more
Breaking Up In New Mexico May Be Harder Than Getting a Divorce by Collins & Collins, P.C. on 3/26/2012 These days more couples are delaying marriage and many opt for living together unmarried. As more and more couples decide not to marry, but buy property and have children together, the process of breaking up has moved into...more
Top Five Reasons to Consider a Prenuptial Agreement by Bryan L. Salamone and Associates P.C. on 3/5/2012 Many people see prenuptial agreements as a poor way to start a marriage because they seem to anticipate its failure. But with nearly 50,000 New York marriages ending in divorce in 2009, getting married without a...more
What is a Post-Nuptial Agreement? by Bryan L. Salamone and Associates P.C. on 3/2/2012 Many people are familiar with prenuptial agreements, also known as prenups, because celebrities and the super rich routinely get them to protect their wealth when they marry. But another legal contract becoming...more
Finding of Implied Waiver of Fees Contained in Marital Settlement Agreement Trumps Fee Claims by Barger & Wolen on 1/13/2012 In Marriage of Guilardi, 2011 DJDAR 16245 (2011), the California Court of Appeal for the Sixth Appellate District decided a fee petition related to so called pendente lite attorney fees. The fees were generated from the...more
Same-Sex Parents Gain Custody of their Twin Daughters by Lawyers.com on 12/21/2011 In a landmark victory for same-sex parents, a judge in New Jersey granted custody of twin girls to their biological father following a trial that spanned more than a year. The fathers, a gay, interracial couple who were...more
Post-Nuptial Agreement Trap by Charles (Chuck) Rubin on 11/11/2011 A recent Florida appellate court decision bears review by practitioners drafting post-nuptial agreements. The case involved a husband who provided for assets to pass to his wife in his Last Will. After the Will was...more
Divorce and the Costs of College: Applying a SUNY Cap by Daniel Clement on 11/3/2011 The college application process can be an extremely stressful experience in a young person's life; adding to the child’s stress about deciding where to apply and which school to attend is the child's awareness that his or her...more
Common Law Marriage in New Mexico Under Full Faith and Credit Clause by Collins & Collins, P.C. on 10/20/2011 New Mexico does not recognize common law marriage, even if you and your partner have lived together for years and for all intents and purposes act as a married couple in New Mexico. However, approximately sixteen states...more
Financial Agreements by Neil Jamieson on 10/13/2011 Essential facts on Financial Agreements. Instruments to keep business affairs out of the Family Court...more