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A Brooklyn appellate court decided that a prenuptial agreement between Elizabeth Petrakis and her husband, Peter Petrakis, will be thrown out. This decision almost never happens, according to Elizabeth’s attorney. Her lawyer also stated that "To a large degree, this has upset the heretofore common thinking that prenups were not subject to challenge. ... Now there&s precedent for vacating a prenup."

According to this article in the Huffington Post, the prenup was presented to Elizabeth three months before the marriage. It stated that she would get $25,000 for every year they were married, but all assets acquired during their marriage would belong to Peter in case of a divorce. Elizabeth refused to sign it until four days before the wedding, when Peter told her he’d tear it up once they had children.

Unfortunately, Peter never tore it up—an act which Elizabeth’s attorney calls fraud. This deception was the grounds for the case, and why the appellate court ruled in Elizabeth’s favor.

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While one long-held stereotype in America about divorce is a scenario in which the middle-aged husband leaves his wife for a much younger woman, statistics show otherwise. According to a AARP The Magazine survey launched a couple of years ago, "66 percent of women claimed to have initiated their split." The survey was conducted, according to the Anchorage Daily News, over more than a thousand divorced men and women, ages 40 to 79.

The age of the participants in the survey could definitely have something do with it. Attitudes and expectations of marriage and gender roles have continued to change in America, especially in the decades since their marriages. Marriage counselor Willard Harley told the Anchorage Daily News that husbands "often feel that the expectations of women in general, and their wives in particular, have grown completely out of reach."

While the stereotype that men were seeking a split may not be true, the age-old stereotype that women are more perceptive and attune to small emotional shifts may hold water. The specific finding that women are more likely to initiate divorce comes ion the heels of a larger AARP finding that "women seemed more in tune with the danger signs of a problem marriage." Men were far more likely to be caught off-guard by an ending marriage.

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MelissaAccording to a census taken in 2007, about 3.7 million American businesses are owned by a husband and wife. This can be great—until they decide to get a divorce. This happens more than people might think. This article from the New York Times talked to multiple couples who had to deal with this predicament, and came up with a few key points to help.

It’s especially crucial that the divorcing couples reassure employees that their jobs are still secure, and they won’t be asked to choose sides. The husband and wife should try to keep their personal issues out of the office. Therapy should also be seriously considered. Even if the divorce is amicable, there could still be a lot of tension from any unresolved issues.

Terri Allen, who works with her ex-husband at an accounting firm, claims that therapy helped both of them work through problems, allowing them to continue working together. "It helped us learn how to talk to each other in a calm and rational way," she says, also stating that eventually they learned to respect each other and their opinions in the workplace.

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A small business is more than just an asset to the owners; it generates income, but also is a physical representation of hard work and dedication that you have put into the business.

Divorce can be a very big threat to a small business. With the right strategies and help from the right people, however, you can ensure that your business survives the divorce and remains strong long afterward.

Strategy #1: Getting an accurate and complete business estimate is essential

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The life of Elizabeth Dominick, 55, is going through a lot of changes.  The wife of Cicero town president, Larry Dominick, resigned from her public office post as the director of the town’s health clinic.  At the time, she cited multiple causes for leaving this position.  She said that many of the upper echelon of town officials rarely came into work.

In her resignation letter she went to great lengths to include abuses that she received on the job.  "I can no longer remain at this capacity due to horrific mental abuse that I have had to endure for the past four years as Director," she states in the letter, dated July 9.  Now, she has made another split.

During the week of November 5th, Elizabeth filed for divorce from her husband Larry.  Again, she cited mental abuses perpetrated by her husband as the grounds for divorce, with no further details at this time.  She has also publicly claimed that her husband’s family has been a major stress on their relationship.

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Illinois State Bar Association DuPage County Bar Association Northwest Suburban Bar Association American Inns of Court DuPage Association of Woman Lawyers National Association of Woman Business Owners Illinois Association Criminal Defense Lawyers DuPage County Criminal Defense Lawyers Association
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