RUSSIA: Billionaire Roustam Tariko, founder of Russian Standard Vodka and Russian Standard Bank and owner of the Miss Russia beauty pageant (you can pretty much call him the Donald Trump of Russia), has been adjudicated divorced by the Russian Courts, from his lovely wife Tatiana Osipova. The couple have been battling for a few years […]
SAN FRANCISCO: Jacqueline Getty and Gordon Peter Getty Jr. to divorce – she wants $300k per month alimony
[GSMITHBOOK] According to TMZ, billionaire grandson of J. Paul Getty, Gordon Peter Getty, Jr.and his wife, Jacqueline, are poised to have a nuclear divorce. The Getty’s have been married about a decade. It is unclear at this time if there is a prenup (I am certain there is) but Jacqueline has filed court papers indicating […]
In January, the Pew Research Center did a study called, “The New Economics of marriage – the Rise of Wives” and that single study might explain why more men are suing for alimony these days. It seems a larger share of women than in, say, 1970, are marrying down. What that means is that more […]
SHOULD RETIREES GET OUT OF PAYING LIFE-LONG ALIMONY? A peek at the Rudolph Pierce v. Carniece Pierce, Massachusetts case A couple of months back, the New York Times ran this article Retirees Still Liable for Alimony, Massachusetts Court Rules. When I first read the article, I didn’t really think it was all that sexy and […]
If it is alimony it is taxable to the recipient and tax deductible by the payor. If it is a property settlement it is not taxable or deductible. How can you know if you have alimony which is taxable vs. property settlement which is not?
CONNECTICUT: Walter Forbes, imprisoned former Cendant Corp. chairman ordered to pay wife $1 in alimony
Associated Press. They were married 27 years and they divorced in January. But the courts in Bridgeport Connecticut have ordered Walter Forbes, former Chairman of Cendant Corp. to pay his wife Caren Forbes only $1 in alimony. Walter is currently serving a 12 year sentence for what is described as “one of the biggest accounting […]
In the New York Times Obituary section, one will find the story of Michelle Triola Marvin who is credited with coining the phrase “palimony.” And why? Well, she tried to get alimony even though she had never married her live-in lover. The court (including the appellate division in California) threw her case out. Read the […]
You know how Debbie Metanopoulos’ husband accused her of “living beyond their means” during the marriage? That is not the way to convince a court to award you life long alimony or manimony. (See our manimony posts here: http://www.divorcesaloon.com/index.php?s=manimony. And forgive me in advance for any gender bias I displayed.) In Gann v. Gann, the […]
Multi-millionaire Scot Young is in the infirmary for the mentally unwell, in London. He apparently invoked the Mental Health Act and checked himself into the hospital after the High Court of London ordered him to produce an accounting of his 400 million pound fortune which he claims “disappeared” right as soon as his wife filed […]
As a bite into chunks of pineapple, and reminisce about my evening with friends at the foot of the East River between the Brooklyn Bridge and the Manhattan Bridge overlooking Manhattan (evening picnic) I am also scanning the Internet for divorce stories and I found this one about Credit Suisse CEO Brady Dougan which I […]
Dear Diary: My stroll along Madison Avenue the other day was very memorable. Not because of the rain, although there is almost nothing that gives me more pleasure than taking a long walk in Manhattan in the rain. And it wasn’t all the fancy stores I walked by either from Ann Taylor to DKNY, Ivanka Trump to […]
MASSACHUSETTS DIVORCE: Is it true that 2nd wives in MASSACHUSETTS have to help their husbands pay the 1st wife alimony?
I just saw an interesting blog post on this blog: http://mudswimmer.blogspot.com/2009/05/chilling-effect-of-states-divorce-laws.html about how all these 2nd wives in Massachusetts end up being forced to help their husbands pay his first wife alimony. Apparently, the laws in Massachusetts are so arcane and draconian (Yes, I know. I am on hiatus. sorry. this is the last post today. aaaaaaah! This […]
Palimony, Galimony…MANIMONY??? No. No. No. Why do women feel angry when they are asked to pay their husbands alimony after a divorce? Our gender expects to get alimony from the husband, but god forbid we are asked to pay it instead, hell hath no fury… I did a post back in November or December last year […]
Now that the judge has ordered that Bernie’s investors/creditors can force him into bankruptcy, it looks like Ruth’s options have gotten more streamlined. She definitely will have to get in line behind creditors, not only with respect to business assets, but also personal assets as well. I mean, she would be entitled to some “exemptions.” Even […]
Countess Marie claims she helped her husband’s career by giving him advice; should she get more alimony?
What were Countess Marie Douglas David’s contributions to her spouse George David and should these earn her increased maintenance/alimony? Connecticut, like New York, is an equitable distribution state. That means the the court is obligated to see that the equities of the parties are balanced in a divorce action. One of the things the court must consider […]