Word: spousal
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...along the way: banks usually require business partners to agree to something called joint and several liability, which may sound nice and fair but in reality means the lender may pursue just one of the partners for the entire debt. I also found out I had to sign a spousal consent only once, no matter how many times the line of credit increased...
Despite the temptation to spend, many spouses are still skipping the gift exchange. Matt Batt, a public relations executive from Chicago, and his wife usually spend about $200 on presents for each other. This year, they're cutting spousal gifts entirely, opting to spend that money on their 19-month-old second child and other family members. "This doesn't mean we love each other any less," says Batt. "We just want to do what's right for the Christmas spirit." Batt's a nice Santa for his son. But for companies that are counting on Dad's splurging...
Patti Montet, who divorced Halderman in 2004 and lives in Colorado with their sons, ages 11 and 18, told local newspapers that she was saddened by the news. In 2007, Halderman was ordered to pay Montet $6,800 a month in child and spousal support until 2011, when the payments would be reduced to about $6,000, according to papers filed in Stamford Superior Court in Connecticut. His salary at the time was about $214,000. (See the top 10 late-night jokes...
...nourish their children, as my ex-wife and I do our daughter, and have a decent relationship with each other. Flanagan avoids entirely the subject of spouses' irresponsible acts other than infidelity and misses the point that when the failings of one or both parents, including extreme ones like spousal abusiveness and alcoholism, make for a miserable environment for their children, it is more sadistic to stay together than to divorce and try again. George Kalmar, PACIFIC PALISADES, CALIF...
...financial autonomy and rely on their husbands for monetary support. Yet, for the majority of women, the decision to leave the workplace in order to become their husbands’ most dutiful cheerleaders is far more risky. With a 50-50 chance of divorce and the unforeseeable risk of spousal death and illness, ordinary women who heed Basham’s advice may well find themselves high...