A nearly $1 billion divorce settlement sounds like a win to most people. However, when you're talking about oil money, it's a different story. That's why Sue Ann Hamm is reportedly considering appealing the ruling that ordered her now-former husband, oil billionaire Harold Hamm, to pay her $972 million. Under the ruling, Hamm is to pay $323 million to his former wife before the first of the year, and then $7 million each month until the balance is paid. That's just the cash. She's also getting two properties totaling almost $20 million and the couple's livestock, among other assets.
The fallout from the release of an audiotape in which actor Stephen Collins allegedly admits to sexually molesting underage girls has harmed the former "7th Heaven" star's career so much that he is no longer able to afford his spousal support payments. That's what the actor's attorney has told the court hearing his divorce case as well as the press.
When Texas couples break up, they likely disagree over a number of issues. However, whether or not they were married isn't usually one of them. For music star Amethyst Amelia Kelly, known to millions of music fans as Iggy Azalea, it is.
Just as no two divorces are alike, neither are any two-child custody arrangements. There is no cookie-cutter parenting plan. They are as unique as each family is.
A same-sex couple in Tarrant County, Texas, is trying to end their marriage, each by different means. Just how the couple, who married in 2010 in New Hampshire, end their marriage would impact their individual financial futures.
While it's easy to understand the various reasons why many couples get prenuptial agreements before they marry, most people are a little murkier on why a couple would get a postnuptial agreement. The true number of postnups is not known because a court filing is not required. However, attorneys say they are becoming more common.
The legal term "conservatorship" is used in Texas to describe the responsibilities and rights of a parent involving a child. The adult given these rights and responsibilities is called the "conservator." Many people, however, refer to "child custody" when discussing responsibility for a child, such as in divorce cases. Texas has two types of child conservatorship: joint managing conservatorship and sole managing conservatorship.
How would you feel if you and your spouse wanted to end your marriage, but you couldn't because the state doesn't recognize that you are married? That's the problem facing some couples who were married in states where same-sex marriage is legal and then moved to states like Texas where it is not.
When estranged or divorced parents don't have child custody agreements in place, disputes can arise that can lead to legal problems and even potentially criminal charges -- not to mention stress and uncertainty for everyone involved, particularly the child. The case of a woman who was recently arrested in Texas for kidnapping her son is a case in point.
Texas has its share of bitter, high-profile, high-asset divorces. One is currently playing out in Dallas. It involves a real estate developer, his wife and their plastic surgeon. That plastic surgeon, according to the husband, had an affair with his wife and sold a 23-plus-carat diamond he had purchased as an investment to help promote a book co-authored by -- wait for it -- the wife.