LOS ANGELES: Shaquille O'Neal's ex Shaunie O'Neal to executive produce reality show "Basketball wives."

over 50 and getting divorced

Freshly minted divorcée Shaunie O’Neal (her ex soon to be ex is Cleveland Cavaliers center, Shaquille O’Neal) is not wasting any time nor squandering her divorce millions on plastic surgery. The girl has a good business head on her shoulders and that is exactly why she is executive producing a new show for VHI called …

Read moreLOS ANGELES: Shaquille O'Neal's ex Shaunie O'Neal to executive produce reality show "Basketball wives."

BRITAIN: Jemima Goldsmith Khan buys 466 acre Robson estate, Kiddington Hall; property was ordered sold to pay Mrs. Robson a divorce settlement

DIVORCING WITH A COOP

This story was run in the Times of London a day or so ago. I am sure a lot of rich blokes in London are chagrined by this one since yet another bandit wife walked away with a sizable chunk of her husband’s inherited family fortune. But someone else’s loss is Jemima Goldsmith’s gain. Jemima, daughter …

Read moreBRITAIN: Jemima Goldsmith Khan buys 466 acre Robson estate, Kiddington Hall; property was ordered sold to pay Mrs. Robson a divorce settlement

NEW YORK: Are society wives (like Nancy Silverman and Marie Douglas David) really just female gigolos?

STANDING BY YOUR MAN

I was aghast when an acquaintance declared that people like Nancy Silverman, Marie Douglas David and Slavica Ecclestone, are nothing but a bunch of “female gigolos.” All three are in the midst of high profile divorces from their very wealthy husbands. None of these women seemed to earn as much as their husbands do. In …

Read moreNEW YORK: Are society wives (like Nancy Silverman and Marie Douglas David) really just female gigolos?

Donald Sterling, billionaire Clippers owner, fights wife Shelly Sterling over team & family trust: Divorce imminent

divorcing a Hollywood actor

Former divorce lawyer Donald Sterling, nee Donald Tokowitz, is a very interesting fella. The billionaire octogenarian owner of the Los Angeles Clippers – as well as a regular on the Forbes List of Billionaires (as well as real estate mogul) is in the battle of his life after he got himself into a major debacle when he invoked a bunch of racist polemics against Black people in general, and former NBA great Magic Johnson in particular back in April.

Pensions, divorce: What rights do you have?

new spouse and kids don't get along

As a general rule, pensions are marital property. You have a right to the share of your spouse’s pension even if you have been divorced décades before your spouse retires. Like real estate, stocks, and cash, pensions will be divided up between the two people after a divorce.

What is the difference between “income” and “assets” in a divorce proceeding?

marriage just a big show

Assets are usually split according to a community property or equitable distribution scheme and these would be things like real estate, expensive jewelry, copyrights/trademarks, GOLD, stamp collections, companies, bonuses, lottery winnings, stocks, bonds, trust funds and other indices’s of “wealth” that may not be so liquid, like “appreciation,” “goodwill” and “stake.”

HOW DOES THE COURT OBTAIN JURISDICTION OVER A PARTY IN A DIVORCE CASE?

force me to pay alimony

Note that it is possible that the court in one jurisdiction could have jurisdiction over the party as a personal matter (to grant the divorce) but may not have jurisdiction over the defendant’s property which may be in a whole other jurisdiction or country and would therefore be subject to the courts where the property (including real estate and bank accounts) are located.