July 2014 Archive

Citadel founder asks for divorce

On behalf of admin of DeShon Laraye Pullen PLC posted in Uncategorized on July 30, 2014

The founder of Citadel LLC, a company estimated to be worth $20 billion, has filed for divorce from his wife. This was a second marriage for the founder, and his wife is a former manager for a hedge fund. The two had been married for 11 years and have children under the age of 6. The four-page petition for divorce, which was filed by the founder, asks for joint custody of the children. According to the lawyers for the man, the two signed a prenuptial agreement in 2003. Citadel will likely be excluded from any property division associated with the divorce.

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Delinquent child support and social media

On behalf of admin of DeShon Laraye Pullen PLC posted in Child Support on July 28, 2014

The enforcement of child support obligations is taken seriously in Arizona and around the country. Hiding income and discussing it on social media can lead to financial consequences with the courts that ordered payment arrangements. Two parents avoiding child support payments recently discovered that what they shared on social media sites was being seen by Read More

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Dividing a house during divorce

On behalf of admin of DeShon Laraye Pullen PLC posted in Divorce on July 16, 2014

Dividing property during a divorce is sometimes difficult, and Arizona couples who own a house together and who are divorcing should understand the issues involved. In addition to the complexities of dividing a house, individuals in the middle of a divorce should also be aware that they need to be careful when purchasing a new home for themselves prior to a legal separation or divorce. In such a circumstance, the other spouse must sign a quit claim deed relinquishing any claim on the property.

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Avoid costly mistakes in divorce

On behalf of admin of DeShon Laraye Pullen PLC posted in Divorce on July 10, 2014

Arizona residents might be interested in a recent article discussing some of the common mistakes that some couples make when negotiating property division. Many people have a specific goal in mind, like keeping the house or maintaining ownership of items of sentimental value. However, the article suggests that some individuals, especially those over the age of 50, should focus divorce negotiations on retirement accounts.

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Study finds link between divorce and childhood obesity in boys

On behalf of admin of DeShon Laraye Pullen PLC posted in Divorce on July 6, 2014

Many people find the throes of divorce a particularly difficult place to be in, especially if you have children. That’s because you not only worry about your own well-being but you may be constantly wondering how a separation will affect your child as well.

As some of our Arizona readers know from doing their own research, there is a lot of literature on the Internet about the effect divorce can have on a child’s mental health. A change in family structure and emotional stresses can change how a child interacts with other people and can even affect how they behave as well. But what about their physical health? Is this something parents should also consider when it comes to divorce?

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Legal fees awarded in McCourt divorce contest

On behalf of admin of DeShon Laraye Pullen PLC posted in Divorce on July 3, 2014

Arizona residents dealing with divorce issues may be interested in the importance of settlement language in a high-profile case. A judge has ruled that the former wife of Frank McCourt must pay his legal fees of nearly $2 million related to her contesting the couple’s 2012 divorce settlement. The former owner of the Dodgers sold the team for $2 billion in the same year that the divorce was finalized. Jamie McCourt later contested the settlement based on the claim that her ex-husband undervalued the team at the time of their divorce.

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