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Even while married, spouses can live separate financial lives. While sometimes this arrangement is by design, other times one spouse might be making financial transactions behind the other person’s back. So if one spouse takes out secret credit cards and racks up debt unbeknownst to their husband or wife, is that other spouse responsible for… Continue reading Which spouse is on the hook for secret debt during divorce?

A recent study uncovered the fact that cancer causes an increased likelihood that a couple will seek a divorce. This is especially true when the one stricken with the illness is female. Upon the release of these findings, an oncologist at the Ochsner Medical Center in Baton Rouge, Louisiana said that once a spouse is… Continue reading Study shows men more likely to leave women during cancer

A study involving 1,000 Louisiana couples both confirmed and debunked some already generally accepted notions on sex and its role in divorce. The study, conducted by a professor at Southern Illinois University, followed these Louisiana couples between 1998 and 2004, surveying them along the way, to decipher how sex plays a role in causing or… Continue reading Study shows connection between sex and divorce

Careful planning about future tax consequences of receiving particular shares of stock in a divorce property settlement agreement is essential. Louisiana is a community property state in which both spouses are treated as equal owners of all marital property. While property that one spouse acquired before entering into the marriage may be separate property that… Continue reading Original purchase price of stocks may impact property settlement