Arizona fathers facing a divorce that involves paternity issues may be interested in a recent Michigan court's ruling. The case centered on a married woman who had a child with another man. When the child was born in 2011, both husband and wife assumed the child was the husband's, and the law presumed so also. This is because in many states, the child of a married woman is automatically considered the husband's child. The couple divorced in 2013, the now ex-husband moved to another state and he was awarded generous visitation rights with his child.
In an international dispute with Arizona ties, the ex-wife of an airline pilot is seeking over $774,000 in unpaid child support. Married in 1986, the husband filed for divorce in 2000 in Canada. Two years later, the Canadian Court ordered him to pay start paying child support. He failed to do so and left the jurisdiction. He then failed to appear in subsequent proceedings, resulting in the confiscation of his Canadian passport, pilot license and driver's license.
In what might be the largest divorce settlement ever across the pond, the wife of a British hedge fund manager is seeking a portion of the substantial assets she and her husband have accumulated. As a hedge fund manager, the husband oversees more than $4 billion, and together, the couple have donated over $1 billion through the charitable organization they founded in 2003. The wife is the CEO of the organization and places its value at up to $5 billion. The couple, who met while students at Harvard University, were in court last week to negotiate a settlement.
Some divorced couples breathe a sigh of relief once the final documents are signed. This could be for many reasons, but one reason is probably because they think they are finally off the hook when it comes to their former spouse's debt. From this day forward, they think, I'm no longer responsible for someone else's money issues. But is that really true? In community property states like Arizona, it may not be.