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Archive for May 2014

TV star wants sole custody of unborn child

What can a prenuptial agreement cover? The division of assets? Inheritances? Separating marital property from separate property? All of this may be true. Yet Oklahoma residents may be interested to hear that one television star wants to claim that another concept can be covered by prenuptial agreement: child custody. Sherri Shepherd, co-host of the television…

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Alimony and taxes are a hot topic for many spouses

One of the most interesting things about alimony — also known as spousal support — in our country is that it is considered taxable income to the receiving spouse. It is also tax-deductible to the paying spouse. Oklahoma residents may be surprised, however, to hear that, according to the Internal Revenue Service (IRS), some spouses…

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Divorce reforms on the table in some states including Oklahoma

The end of a marriage can be a time filled with strong emotions but the divorce process does not have to be unnecessarily complicated as a result. Forty years after no-fault divorce, some states are looking at ways to reduce the high numbers of marital dissolutions. Some argue that no-fault divorce favors the spouse wanting…

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Eliot Spitzer will pay out big due to divorce

Oklahoma residents may be interested to hear that former Gov. Eliot Spitzer will be shelling out quite a lot to his ex-wife following the couple’s divorce. He will be paying her alimony in the amount of $240,000 annually until either her remarriage or her death. In addition, as part of a postnuptial agreement the parties…

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