Generally, Hollywood divorces don’t offer much insight into life for the rest of us. And the point is probably underscored by wife Christine Baumgartner’s request for $248,000 in monthly support for three children. So, we...more
I recently posted a blog about celebrity divorces being clickbait versus celebrity divorces with interesting issues. Well, an interesting issue has arisen with two of the most popular names right now, for better or worse (no...more
This article focuses on the income approach to determining the marital standard of living (MSOL), with particular emphasis on Marriage of Cheriton (2001) 92 Cal.App.4th 269 and Marriage of Ackerman (2006) 146 Cal.App.4th 191....more
In January 2021, legislators introduced the “Raise the Wage Act of 2021,” to increase the federal minimum wage from $7.25 an hour to $15 an hour by 2025. If passed, it would be the first increase in more than a decade, the...more
Between now and November 3, we will vote in the next Presidential election. The outcome could result in a sharp decline in the amount of the federal estate and gift tax exemption (the “Exemption”). The Exemption...more
In 2011, the Alimony Reform Act determined that alimony is “the payment of support from one spouse, who has the ability to pay, to a spouse in need of support for a reasonable length of time.” G.L. c. 208, §48. The...more
Did you know that prior to 20 March 2019 there wasn’t an automatic legal right for tenants to live in a home fit for human habitation? That is no longer the case following the advent of the Homes (Fitness for Human...more
We are almost half way through 2018, and this year has been filled with fast and furious changes at USDOL. Proposed tip credit changes (Check, including a reaction from Congress and more tip credit changes on the horizon)....more
The Seventh Circuit Court of Appeals recently determined that a chapter 7 bankruptcy case can be dismissed if the debtor “avoids repayment of debt without an adequate reason.” In re Schwartz, No. 15-1416 (7th Cir. August 24,...more
In this day in age, you really can find anything on the Internet. That is the good news and the bad news for attorneys and clients alike. With the popularity of online web logs, or “blogs,” on the rise, odds are that your...more
In this issue: - Executive Summary - Introduction - Saving for our Collective Old Age - Macroeconomics of Savings and Investments - Individual Households’ Incentives to Save - Overall...more