"The Last Lecture" Professor Dies
Randy Pausch, who presented "The Last Lecture" as well as wrote a book by the same name, died from pancreatic cancer at the age of 47. I have talked about Randy on my website and urged folks to watch the video of "The Last Lecture" and read his book. This man truly understood the importance of living a legacy for your children. God Bless him and his family.
Judge finds no humor in YouTube video
In an update to a previous blog about the mad wife who posted a video on YouTube of her ranting about the unfairness of a prenuptial agreement, a New York judge gave the wife a month to vacate the couple's New York apartment and upheld a prenuptial agreement limiting her divorce settlement to $750,000.00.
According to the article, the judge said the wife engaged in a "calculated and callous campaign to embarrass and humiliate her husband and his daughters." As I said in my previous post, the posting of the video was ill-advised and did nothing but infuriate the judge in the process.
The Shark pays a hefty sum for divorce
According to recently released documents, famed golfer Greg Norman paid $103 million to his former wife to end their marriage. The recent article says the divorce settlement was reached in 2007 but the details were just made public. Norman recently wed ex-tennis star Chris Evert. Let's hope he had a good prenuptial agreement this time.
When you divorced, did you modify your estate plan?
For many couples going through divorce, the focus is on the divorce process and its aftermath. With the wave of emotions involved in the divorce, many forget about their estate plan. Ask yourself some simple questions which apply both during and after the divorce process.
Continue reading "Estate Planning and Divorce in Mississippi" »
No alimony for wife after mulit-million dollar property settlement
In a case this week out of Jackson County, Mississippi, the parties, who were married for 33 years, agreed to a divorce and a property settlement which divided the martial estate of just over 5.1 million dollars almost equally. But the parties submitted the matter of alimony to the chancellor for decision. The chancellor awarded the wife $7,000 per month in periodic alimony. On the first appeal, the Mississippi Court of Appeals reversed the chancellor's decision because she failed to justify the alimony award and asked her to make specific findings as to why the wife needed the alimony after getting more than one-half of a multi-million dollar estate.
Well, it seems the Mississippi Court of Appeals was again displeased with the chancellor's ruling when she again awarded permanent periodic alimony in the amount of $7,000 a month to the wife. The Court of Appeals, in a 6-4 decision, reversed and rendered saying that the wife was not entitled to alimony as the chancellor failed to justify the award.
