Thursday, July 22, 2010

In Divorce, Timing Is Everything

On March 18, 2010, shortly after divorcing his wife of 16 years Kevin Halstead won $3.8 million in the lottery. Halstead, a London bus driver, told the Daily Mail: "We divorced three months ago and split up about 13 years ago but we stayed friends - we did not get a divorce back then for the sake of our Jessica."

Since the Halstead's divorce was final prior to Halstead's windfall, here are some questions that may arise. The answers to these questions will depend on how carefully Kevin's lawyers prepared his divorce agreement.

•Will the ex-wife fight for some of the winnings?
•Is Kevin's windfall a basis for the ex-wife to increase her settlement?
•Will Kevin have to pay alimony?
•Will she try to remarry him?
Incidents like this demonstrate why details matter so much in divorce agreements. According to Illinois law, the winnings would be Kevin's sole property since they were won after the divorce. However, had the Halsteads stayed separated and never divorced, the wife would be entitled to share in the winnings. If he purchased the ticket before the divorce was final but cashed it in after the divorce, the answer would be different.

To read this article in its entirety, kindly click here.

For more information, contact the Family Law Offices of Renee M. Marcelle at (415) 456-4444, or online at

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