When Couples Cannot Afford to Split
There has been much ado about the effects of the economy on divorce. Those who need to sell the marital home to fund their fresh start may now feel imprisoned in their marriage. With greater frequency, those unable to sell their home are forced to continue to cohabit with their spouse. The Daily News featured a story about when a couple cannot afford to separate for which I was interviewed. Follow the link to read the article. ...
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The Housing Crisis: An Obstacle To Divorce-Is This A Good Thing?
Last week’s article in the NY Times about how difficult divorce has become as a result of the housing crisis has stirred up quite a bit of debate. The Times notes that: In a normal economy, couples typically build equity in their homes, then divide that equity in a divorce, either after selling the house or with one partner buying out the other’s share. But after the recent boom-and-bust cycle, more couples own houses that neither spouse can afford to maintain, and that they cannot sell for what they owe. For couples already under stress, the family home has become...
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Recession and Divorce: Another Look
Time Magazine questions, Will the Economy Kill Your Marriage? A couple of weeks ago, I noted that as the economy worsened, my practice became busier. Time seems to confirm my observations and even offers some possible explanations for this phenomenon: There's the lawyer theory, that money provides the soft fatty tissue that insulates the marital skeleton; once it's cut back and people get a good look at the guts of their relationship, they want out. And there's the marriage-counselor theory, that couples who were never quite on the same page in the checkbook finally get pushed off the ledger by...
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Another House Divided . . .
The other evening I had the pleasure of being on a panel to discuss the nuts and bolts of legal blogging at a continuing legal education seminar at the New York City Bar Association with three of the best bloggers out there: Kevin O’Keefe, Scott Greenfield, and Eric Turkowitz. As Kevin noted in his blog, Real Lawyers Have Blogs: We covered a lot of ground for the 50 plus in attendance. The program went 3 hours strong running from 6 to 9 PM. . . We reviewed the basics of blogs, blog publishing platforms, better blogging practices, RSS and how to...
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