Articles Tagged with settlement agreement

Charlotte Divorce Attorney Matthew R. Arnold of Arnold & Smith, PLLC answers the question “When do you get alimony?”

 

Stay-at-home moms are facing a tougher road in divorce courts, as judges and state legislatures move to limit the both the amount of support payments and the period of time during which payments can be doled out.

Alimony Movie Poster Mecklenburg Divorce Lawyer North Carolina Child Custody AttorneyNew York City divorce attorney Morghan Richardson said judges are beginning to view women as having the same opportunities to earn a living as men. This thinking applies to stay-at-home moms—even those who may not have worked in a decade or two.

Just three-percent of persons receiving alimony in 2010 were men. While women made up the vast majority of those receiving alimony, they also outstripped men in many college and professional degrees, in some careers and, in some instances, in compensation.

With three-fourths of women now in the workforce and almost half of families led by a woman wage-earner, more and more attorneys and litigants are seeing homemakers seeking alimony admonished by judges who believe their decision not to seek employment was foolhardy.

Richardson said some stay-at-home moms “sometimes have a real sense of entitlement about the decision to stay home.” She said divorce judges, however, have little sympathy for women who quit their jobs to stay at home and raise a family. Some of those judges, Richardson said, are women who had to put their own children in daycare to work their way up to the bench.

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Board Certified Family Law Specialist Matt Arnold of Arnold & Smith, PLLC answers the question “Can I get the judge to order my spouse to pay my attorney’s fees in a property division case?”

 

A divorce litigant and her lawyers are learning the hard way that when a case is over, it’s over.

“I’ll get the best lawyer!” Wife Josephine faints after husband Napoleon tells her he is filing for divorce.

“I’ll get the best lawyer!” Wife Josephine faints after husband Napoleon tells her he is filing for divorce.

The litigant, Jamie McCourt, didn’t think the tax-free $131 million and bevy of luxury homes she received in her 2012 divorce settlement agreement with ex-husband Frank McCourt was enough. She asked a court to set aside the agreement, arguing that her ex-husband undervalued baseball team the Los Angeles Dodgers before selling it for over $2 billion to a consortium that included ex-NBA great Magic Johnson.

Jamie McCourt alleged she was entitled to another $770 million.

Superior Court Judge Scott Gordon rejected Mrs. McCourt’s claims. He wrote that Mrs. McCourt was a “sophisticated individual” who was assisted by a team of lawyers and accountants during her divorce. The language of the settlement agreement made it clear that the McCourts intended to end their divorce case and that the terms of the agreement “were carefully considered and negotiated.”

The agreement also provided that if either side contested the settlement agreement, the contesting party would have to pay the other side’s attorney’s fees. Judge Gordon cited that provision of the agreement in a ruling entered July 1. He ordered Mrs. McCourt to reimburse Mr. McCourt’s lawyers $1.9 million in legal fees. That’s how much Mr. McCourt spent fighting Mrs. McCourt’s challenge to the divorce settlement agreement.

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