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Kobe Bryant’s Divorce could cost $1.36 million a month
Recently, it was reported by a California attorney that, has Kobe Bryant and his wife Vanessa were to continue their divorce proceedings – although they reconciled in January – the divorce could have ended up costing the Los Angeles Lakers player $1.36 million every month for child support and spousal support.
The figure was calculated based on a report from Forbes magazine that estimates Kobe’s annual income to be close to $53.2 million. The Lakers player makes about $20.3 million is salary/winnings along with an additional $32 million in endorsements. According to the publication, 34-year-old is also number 6 on the list of the world’s highest paid athletes.
Based upon those estimated figures, the California lawyer said that if Kobe and Vanessa did decide to go through with their divorce, assuming that Kobe would get equal custody of his two daughters, he would have to pay almost $365,000 in child support every month according to California law. In addition to child support, he would also pay close to $1 million in spousal support because there was no prenuptial agreement when the couple married in April 2001.
Middle-Aged Divorces Initiated by Women
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."
Whether to Keep the House in the Divorce
In most divorces, there are a multitude of different concerns which must be settled. Child custody might be the focal point in some cases. Other times, the division of assets is the pivotal concern. Most of these issues can be tackled in two separate ways, either emotionally or rationally. The latter is the appropriate way to think about whether or not you should keep the house in a divorce.
The first step in answering the question about keeping the house in a divorce is to examine the financial specifics of the house. How much is still due on the mortgage? Would you be able to make monthly payments in order to keep the house? What about other upkeep expenses to maintain the house?
Then it is essential to understand how your personal finances will be affected by owning a house separately from your ex. It will be beneficial to refinance the debt on your house but it might be difficult to do with only one income. Not only will you have to settle with the bank but your spouse will need to be reimbursed for their portion of the property. This can be accomplished in most cases by exchanging a retirement or investment account.
Divorce Not An Option After 80 Years Together
Divorce is rampant in our society and taking the way out can be a breath of fresh air.
But what about the breath of 80 year old love?
November 25, 1932, marked the first "I do" by John and Ann Betar of Fairfield, Connecticut. Eighty years later they not only have happiness together but five children, 14 grandchildren and 16 great-grandchildren to add to the bliss.
Worldwide Marriage Encounter, a Christian organization from San Bernardino, California, sought out, like it does every year, to honor the 2013 "Longest Married" winner to exemplify and promote lasting marriages to encourage younger couples. By showcasing couples who have made commitments work through thick and thin truly gives couples who are just starting or in mid range, people to look up to who make it last.
Divorce – How to Assess Property Settlements
Marriage is a collection of years and memories that represent two lives connected. When it happens to dissipate, you cannot take back those years nor the memories; however, the property(s) you have jointly accumulated can be. In some fashion or another.
Hearing "prenuptial agreement" prior to the wedding day makes some shudder, some even loudly explaining how they do not need it at all because their marriage will be perfect and will work. However, with today’s statistics not playing in anyone’s favor, it might be a good idea to look into a pre-nup to ensure what you came into the marriage with leaves with you.
During the process, there are some other things to consider. If both spouses live on the same property, it is important that all the assets have been listed, what their value is and organized by if the property is joint or separate ownership. The taxes of said assets need to be determined.
Husband’s Close Relationship with In-Laws Decreases Risk of Divorce
Getting along with your in-laws may be the key to lasting marital happiness, according to an article in the Huffington Post. A 26-year longitudinal study discovered that when a husband had a good relationship with his wife’s mom and dad, the likelihood of divorce decreased by 20 percent. However, when wives had a close relationship with their husband’s parents, the risk of divorce increased by 20 percent.
The study was launched in 1986 by Terri Orbuch, psychologist and research professor at the University of Michigan. Orbuch thinks that the results reflect the different ways men and women approach their relationships with their in-laws. "Women value a close relationship with their in-laws but may ultimately view them as meddling, while men are more interested in providing for their families, and take their in-laws& actions less personally," she said. "Because relationships are so important to women, their identity as a wife and mother is central to their being. They interpret what their in-laws say and do as interference into their identity as a spouse and parent."
Incompatible Drinking Habits Linked to Divorce
According to recent research data, spouses who use about the same amount of alcohol were not as likely to divorce as couples where one partner drinks a lot and the other does not. Data was collected from almost 20,000 married couples in Norway, according to the LA Times.
The results of the study suggest that divorce was generally more common in marriages where the rate of alcohol consumption was high. However, the highest divorce rates were found in marriages where only the woman drank a lot. The divorce rate was 26.8% in marriages where the wife was a heavy drinker and the husband a light drinker. When the husband was the one doing all the drinking, the divorce rate was only 13.1%. When both husband and wife consumed alcohol in vast quantities, the divorce rate was 17.2%.
One of the reasons for the higher divorce rate among marriages where the wife drank excessively may be that women appear to be affected more strongly by drinking than men are. Furthermore, drinking is sometimes viewed as incompatible with being a woman, which may threaten marital stability.
Divorced Couples Can Still Work Together
According 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.
Dual Citizenship and Divorce
As a recent Forbes article acknowledges, the advent of modern technology, international travel, and a global economy have all contributed to international marriage being an increasingly common phenomenon. Unfortunately, however, marriages between citizens of different countries or people with dual citizenship are not immune to marital problems, separation, or divorce. If you are part of a dual citizenship marriage, you must be aware of the various potential implications well before you decide to engage in divorce proceedings.
When a person has dual citizenship or dual nationality, he or she is legally a citizen of two countries at the same time. In some cases, dual citizenship happens automatically upon birth, such as the case of a child who is born in a foreign country to U.S. citizens. Often, that child is not only a U.S. citizen, but also a citizen of the foreign country in which he or she was born. On the other hand, some people consciously choose to have dual citizenship. For instance, when a foreign-born person enters the U.S. and is naturalized as a U.S. citizen, then he or she does not lose citizenship in the foreign country.
How to Date a Divorcee
With divorce rates as high as ever in the US, the probability that you will be dating someone who has had a previous marriage is high. Relationship experts don’t see the problem with dating someone who has been divorced, but it does depend on the circumstances, according to a Chicago Tribune article. If you are only casually dating someone who has had several divorces than there should be no problem, according to Holly Parker, a professor at Harvard University. But if you are looking to be in a committed relationship than you should think more about your decision, she says.
First, she says you should consider why has this person been married three to four times. There might be some personality traits and emotional health issues that are causing the person to have more than three failed marriages. However, a New York psychiatrist, Gail Saltz, who specializes in relationships issues says, "There is no one size fits all answer, because people get married and divorced for many different reasons." But she even agrees that you should find out how their previous marriages ended and what the person learned about themselves from each of these marriages. Also, ask what they feel about future marriages, and what their relationship with their ex or exes are like.
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