The divorce rate among baby boomers remains high in the U.S. During the last 20 years, the divorce rate has doubled for people age 50 and older. In 2010, one in four divorces in the U.S. was between couples in that age group.One of the biggest concerns for older...
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Month: February 2013
Trial date set for Kardashian divorce
On Behalf of Hill Macdonald, LLC | Feb 26, 2013 | Divorce
The divorce between Kim Kardashian and Kris Humphries may soon be finalized as a Los Angeles judge has set a trial date for May. The long contested divorce process has lasted for over a year and half since the couple separated. Why has their divorce taken so long?...
Why retirement plans are more valuable than the home in divorce
On Behalf of Hill Macdonald, LLC | Feb 22, 2013 | Property Division
Many older couples getting divorced worry about who will get to keep the house. However, older individuals getting divorced should be more concerned with dividing their retirement plans.Divorce can have a significant impact on a couple's retirement plans and property...
Does the divorce rate increase after Valentine’s Day?
On Behalf of Hill Macdonald, LLC | Feb 19, 2013 | Divorce
With Valentine's Day over, will the number of divorce filings increase? January is known as the month with the most divorces but a new study shows that February, particularly after Valentine' Day, may also see an increase in divorce filings.A new study found that the...
The debate over permanent alimony continues in Georgia
On Behalf of Hill Macdonald, LLC | Feb 15, 2013 | Alimony
The perils of permanent alimony remain for people getting divorced in Georgia. What is permanent alimony? Permanent alimony is when one spouse is required to pay their ex-spouse alimony for the rest of their life or until their ex dies or in many cases,...
Atlanta Falcons owner served divorce papers
On Behalf of Hill Macdonald, LLC | Feb 12, 2013 | Divorce
Arthur Blank, a billionaire in Georgia, known for being the co-founder of Home Depot and the owner of the Atlanta Falcons, was recently served divorce papers. His wife of 16 years filed for divorce in Fulton County after the couple had been estranged since 2011.The...
Heavy drinking may lead to divorce
On Behalf of Hill Macdonald, LLC | Feb 8, 2013 | Divorce
Does drinking alcohol increase the chances of divorce? A new study suggests that the more a person drinks, the more likely they will get divorced.The chances of divorce is higher for couples where only one spouse drinks alcohol frequently, according to new research...
What to consider when drafting a prenuptial agreement
On Behalf of Hill Macdonald, LLC | Feb 4, 2013 | Divorce
When couples get married, they don't plan on splitting up in the future. However, the divorce rate is still high, with almost 50 percent of all marriages ending in divorce in the U.S.The possibility of divorce should be a warning sign to engaged couples. Couples...
Common tax questions after divorce
On Behalf of Hill Macdonald, LLC | Feb 2, 2013 | Divorce
Divorces can be tricky, especially when tax season comes around.Divorce usually brings a lot of changes to the way individuals file their taxes, including what exemptions and deductions someone is able to claim. Couples who have recently divorced should consider the...
‘Huntsman’ director’s wife files for divorce
On Behalf of Hill Macdonald, LLC | Feb 1, 2013 | Divorce
When any couple's divorce is contested, the proceedings have the potential to go on for quite some time. For those Georgia residents who are undergoing the long process of working out alimony and child custody arrangements, terming it taxing and trying may be adequate...
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