Gray divorce can take a toll on your finances according to research

According to a recent study from Bowling Green State University in Ohio, the divorce rates among American adults aged 50 years old and above had doubled over the 20 years before 2010. In the same vein, Susan Brown, the lead researcher of the study conducted by Bowling Green State, reviewed divorce data in 2014 and made the conclusion that statistics have not varied over the years.

The study says that factors that contribute to the rise of couples divorcing during their later years include longer lifespans, the presence of more women in the workforce, changing views and ideologies regarding marriage, and higher preferences for remarrying.

Here are what some financial experts recommend for people who suddenly need to take into consideration being newly single when making retirement plans. Divorce at a more mature age can be particularly challenging because a “gray divorce” can be influenced by factors such as limited working years ahead, complicated asset arrangements, and adult children, which can complicate matters.

Financial experts advise divorcing couples to retain an attorney for legal decisions and counsel, move out of their ex’s previously-shared-house and into a smaller space for financial conservation, save and budget money, take care of their health, and maximize their assets, among other things.

When you find it necessary to hire a family law attorney because you need to file for divorce, request for spousal support obligation, or have the terms of your spousal support obligation agreement changed to reflect your or your ex-spouse’s current financial circumstances, call our attorneys at The Maynard Law Firm, PLLC in Raleigh at (817) 335-9600.


Frances Bean Cobain’s ex-husband wants 25K per month in spousal support

Twenty-four-year-old visual artist Frances Bean Cobain, the only daughter of the late Nirvana frontman Kurt Cobain and 52-year-old Hole frontwoman Courtney Love, is struggling through her divorce. Her estranged husband, 31-year-old musician Isaiah Silva, is seeking $25,000 per month in spousal support.

Cobain filed for divorce from Silva in March 2016 after a two-year marriage. According to a report from entertainment news network TMZ, Silva is demanding that amount because he claims Cobain told him she would support him financially throughout their marriage. Because of this assertion, Silva said, he quit his job. He said Cobain told him she will pay for his monthly expenses including lodging fees and school fees for his daughter with a previous girlfriend. Silva’s filing made it clear that he and Frances Bean did not sign a prenuptial agreement prior to their wedding.

Family legal matters can have significant consequences on your life and financial stability. With this in mind, if you are considering undergoing a family law matter, such as a divorce, hire the legal services of our attorneys at The Maynard Law Firm, PLLC in Fort Worth by calling our offices today at (817) 335-9600.


Amber Heard to donate $7M divorce settlement to charities

Amber Heard, 30, has announced that she will be donating the entirety of her $7 million dollar divorce settlement from Johnny Depp to the American Civil Liberties Union in New York and the Children’s Hospital Los Angeles in California. In a statement released on August 18th, Heard wrote that the money would be used to service women being abused and children with illnesses and disabilities.

Heard previously stated that she was herself a victim of domestic abuse by Depp during their 15-month marriage. Depp’s attorneys have claimed that Heard made false allegations in order to increase her settlement. Heard responded to these accusations in the statement, writing that “money played no role for me personally and never has, except to the extent that I could donate it to charity and, in doing so, hopefully help those less able to defend themselves”.

Even the most minor of family law issues can have devastating consequences for yourself, the members of your family, and your financial stability. This is why it is important to seek legal counsel from The Maynard Law Firm, PLLC. If you are currently embroiled in a family legal mater in Fort Worth or other areas in Texas, call our offices today at (817) 335-9600.


Former Redskins quarterback Robert Griffin III to divorce

Twenty-six-year-old football quarterback Robert Lee Griffin III is filing for divorce from his wife of three years, Rebecca Griffin. Griffin is a former player of the Washington Redskins and will be playing as quarterback for the Cleveland Browns in March 2017.

Griffin met his wife while he was studying at Baylor University in Waco. Just last year, the two had their first child together, a daughter named Reese Ann. One guest at the Griffins’ 2013 wedding was reported as saying, “I don’t want to be melodramatic but it was really, really beautiful. Just the assured, confident love that they expressed for each other was so admirable, just so real, so authentic. It was all good.”

The divorce attorneys at The Maynard Law Firm, PLLC in Fort Worth are here to help divorcing couples in the state of Texas get their affairs in order, especially because the process leading up to the actual court hearing can be time-consuming and overwhelming. Speak with a qualified member of our legal team by calling our offices today at (817) 335-9600 to learn more about your options.


In most recent divorce petition, Amber Heard drops abuse allegations against Johnny Depp

Thirty-year-old actress Amber Heard dropped allegations of domestic abuse from her divorce petition from her husband, 53-year-old actor and producer Johnny Depp last Tuesday, August 16.

In a joint statement, Heard and Depp said, “Our relationship was intensely passionate and at times volatile, but always bound by love. Neither party has made false accusations for financial gain. There was never any intent of physical or emotional harm.”

Heard filed a divorce petition from Depp, only 15 months after they got married, on grounds of irreconcilable differences. She then filed a temporary restraining order against Depp, accusing him of “excessive emotional, verbal, and physical abuse” throughout the course of their marriage.

In her new divorce petition, Heard is seeking $400 million in spousal support.

Depp reached worldwide renown for his fantasy swashbuckler film series, Pirates of the Caribbean. He and Heard met on the set of his 2011 film, The Rum Diary.

If you are in the process of dividing the assets that you and your former spouse once shared, in the process of nullifying your marriage, or in the process of setting parameters concerning the future arrangement of how you will care for your children, seek the legal assistance of our attorneys at The Maynard Law Firm, PLLC in Fort Worth by calling our offices today at (817) 335-9600. Talk to a qualified member of our legal team as soon as you can.


Ways that Getting a Divorce Can Negatively Affect Your Health

Forty-one-year-old actress and model Drew Barrymore officially filed a divorce petition from her husband, actor Will Kopelman, on Friday, July 15, a report from the New York Daily News showed. Kopelman and Barrymore first announced that they are ending their marriage in April 2016, joining the list of other celebrity couples who decided to call it quits this year. Barrymore said that she felt like a failure after filing the divorce, which seeks to dissolve their marriage of four years.

Psychologist and sociologists said the effects of a divorce doesn’t end when a judge finalizes it in a court proceeding; some of its more negative effects can still be felt by divorcing parties over the years. “Everyone going through a divorce has raised anxiety,” Beverly Hills in Los Angeles County, California relationship psychotherapist Fran Walfish said, as an example. Aside from this, the chances that one can have a higher chance of sleep issues leading to higher blood pressure, heart attack, and depression, are present.

We at The Maynard Law Firm, PLLC are here to make sure that your needs and the needs of your family are protected, prioritized, and safeguarded. We do this by constructing a comprehensive legal strategy during the process of your divorce, child custody battle, child support petition, property division, or alimony or adoption request. Call our Fort Worth offices today at (817) 335-9600 to speak with a qualified member of our legal team.


Kurt Cobain’s guitar at the center of daughter Frances Bean Cobain and Isaiah Silva’s divorce

Twenty-three-year-old visual artist Frances Bean Cobain is fighting her ex-husband, 31-year-old musician and member of the rock band The Eeries, Isaiah Silva, over the guitar of her father and musician Kurt Donald Cobain, who is most well-known for being the frontman of the 90’s grunge band Nirvana.

The guitar under discussion has been featured in Nirvana’s MTV Unplugged performance in 1993 in New York City. Its possession is at the center of Cobain and Silva’s divorce, as Cobain denies having given it to Silva as a gift, entertainment news network TMZ reported.

Frances Bean Cobain is the sole child of Kurt Cobain and 52-year-old musician, actress, and visual artist Courtney Michelle Love, who is most well-known for being the frontwoman of 90’s alternative rock band Hole. Frances Bean Cobain secretly married Silva in 2014 after being with him for five years; they got divorced in March 2016.

If you need to file a divorce petition, and you need legal representatives to handle the arbitration and mediation in the dissolution of your marriage, our committed and competent legal team at The Maynard Law Firm, PLLC in Fort Worth, Texas can help you. Call our offices today at (817) 335-9600.


Dennis Quaid’s wife petitions divorce for the second time

Sixty-two-year-old actor Dennis William Quaid and his wife, real estate broker Kimberly Buffington-Quaid, are in the process of divorcing.

Buffington-Quaid filed divorce papers in Los Angeles, California on Tuesday, June 28, citing irreconcilable differences and requesting spousal support.

In a joint statement given to TMZ, the couple said, “After careful consideration, we have decided to end our 12-year marriage. The decision was made amicably and with mutual respect toward one another. We will always remain great friends and devoted partners in raising our children.”

Buffington-Quaid had formerly filed a divorce petition in March 2012 in Texas but she withdrew the request two months later. She and Quaid are parents of twins, eight-year-old Thomas Boone and Zoe Grace.

Quaid was formerly married to 54-year-old actress Margaret Mary Emily Anne “Meg” Hyra, professionally known as Meg Ryan, with whom he shares custody of their 24-year-old son Jack, from 1991 to 2001.

When considering filing for divorce, it is essential for one to have a well-experienced lawyer on their side who can provide guidance during intricate proceedings and who supports the client’s best interests. Our attorneys at The Maynard Law Firm, PLLC are dedicated to assisting you as you make your journey toward the next stage of your life with as much speed, understanding, and discretion as possible. Call our Fort Wort, Texas offices today at (817) 335-9600.


How social media can influence divorce cases

If an individual going through a divorce reveals information about a new job or a big bonus via email or text message, the information can be used as evidence that the individual was not entirely truthful about financial assets. Information that has not been divulged prior to the discovery of the electronic message, such as an email or text message, can be admitted in court and can be subpoenaed.

Posting on social media networks such as Facebook, Twitter, and Instagram, can be detrimental to a lying husband or wife. If one posts about a new job or expensive vacation while filing for alimony in court, the post can be discovered by the opposing attorneys and lead to a denied request.

The attorneys at The Maynard Law Firm, PLLC are here to protect the interests of Fort Worth families, especially during divorces. Ending a marriage is often an emotional and trying time for all family members involved. If you are in need of a competent, aggressive, and compassionate divorce lawyer, call our offices today at (817) 335-9600.


Gwyneth Paltrow and Chris Martin officially divorced

Forty-three-year-old American actress Gwyneth Paltrow and 39-year-old Coldplay front man Chris Martin officially ended their 12-year marriage after a judge in Los Angeles signed their divorce petition on Thursday, July 14.

The judge did not provide much detail about the divorce agreement, but it was clear that neither Martin nor Paltrow are obligated to pay the other spousal support. Paltrow and Martin tied the knot in December 2003. They share two children together, 12-year-old Apple, who was born in London, and 10-year-old Moses, who was born in New York. The former couple made a public announcement in March 2014 that they planned on separating, a process they described as “conscious uncoupling”. The announcement first appeared on Paltrow’s lifestyle website, Goop.

Family legal matters are sensitive and usually leave a lasting impact on one’s life, family, and financial stability. If you are planning on entering a family law litigation process, get in touch with our Fort Worth divorce lawyers at The Maynard Law Firm, PLLC by calling our offices today at (817) 335-9600. We can ensure you will have a compassionate shoulder to lean on and protected legal interests during this difficult time in your life.