Making financial investments during marriage is often a smart decision. Spouses want to diversify their resources instead of simply setting funds aside in a savings account. Investments can include real estate holdings, stocks and even physical assets like gold and...
In Catholic Charities of Southwest Kansas, Inc. v. PHL Variable Insurance Companies, 79 F.4th 1321 (10th Cir. 2023), the U.S. 10th Circuit Court of Appeals, predicting Kansas law, held that the statute of limitations on a beneficiary’s claim for wrongful termination...
Some people recognize that they are financially vulnerable at the beginning of a marriage. They may negotiate a prenuptial agreement before they have their wedding to protect themselves and their future spouses from the risks inherent in marriage. Many others allow...
Under Wyoming law a four-year statute of limitations is applicable to ordinary negligence claims. An open question existed under Wyoming law as to whether insurance agents malpractice claims were also subject to the four-year general statute of limitations. However,...
The Supreme Courts of Washington and South Carolina have rejected business interruption coverage for Covid-19 related lawsuits, as well as the 7th Circuit U.S. Court of Appeals. In Hill and Stout, PLLC v. Mutual of Eunumclaw Insurance Co., 515 P.3d 525 (Wash. 2022),...
When facing divorce as a high-net-worth individual in Arizona, you have much at stake. You’ve likely spent your entire life building your wealth, so it may seem unfair to have an unreasonable amount of that wealth given to your ex in your divorce decree. By arming...
One of the most frustrating things you may experience as you navigate the process of ending your marriage is having to move. In the midst of the transitions you are experiencing, the thought of having to find a new place to live for you and your children could be...
Several celebrities coined a new term that immediately went viral regarding post-divorce parenting. Rather than saying they were getting divorced, they told reporters they were “uncoupling.” They wanted to minimize stress for the whole family regarding child custody...
One of the most challenging aspects of the divorce process for many Arizona spouses is the division of marital property. These matters can especially become a source of contention if you and your soon-to-be ex are involved in a high-asset divorce, where the total...
The amount that can pass estate tax free has increased to $13.61 million per person. A married couple with the appropriate language in their trust can pass twice that amount. The annual gift tax exclusion has also increased and is now $18,000 per recipient per year....