But earlier this week on Twitter he branded his estranged wife’s decision to call the police to the family home “appalling” as he prepared for a lengthy divorce battle with the Rothschild heiress.
Today they issued a joint statement admitting that they should have kept their private life to themselves.
"We are both deeply saddened that our marriage has ended after nine years," the statement said.
“It is a matter of regret to us that, at a time when our emotions and those of our friends have run high, things have been said in public which should have been kept private. We accept our full share of responsibility for this.
“Contrary to what has been publicly stated, neither of us anticipates any major issues of contention to arise in the divorce, in which the interests of our children will come first.
“There will be no further comment, either directly or indirectly, from us on any aspect of our family’s private life.”
Mr Goldsmith will file for divorce on the grounds of adultery, reportedly believing there is “no way back” following what he claims was a “serious” affair as opposed to a brief fling.
He is currently on holiday in Sicily with his mother Lady Annabel. The couple’s £20 million home in Kensington, West London, has been put up for sale.
The acrimonious split has been played out on the social networking site Twitter, with Mr Goldsmith unable to contain his fury over the alleged betrayal.
Yesterday, when a supporter expressed incredulity that Mrs Goldsmith, 29, had called the police, he replied: “agree, appalling.”
As scions of two of Britain's most illustrious families, the Goldsmiths are both wealthy in their own right.
Mr Goldsmith inherited an estimated £300 million after the death of his father, who built up a £1.2 billion fortune as a food magnate and then investor. His wife inherited an £18 million fortune after the suicide of her banker father Amschel Rothschild.
A divorce will almost certainly cause further frictions within the family however, not least because Mrs Goldsmith’s sister Alice is in a relationship with her husband’s brother, Zac Goldsmith, the Tory MP.
The brothers’ sister Jemima Khan is also believed to be close to Mrs Goldsmith.
Source: www.telegraph.co.uk
Joint credit cards don't dissolve with divorce - CreditCards.com
Joint credit cards don't dissolve with divorce
Removing one person from a jointly held card typically isn't done
By Sally Herigstad
Dear To Her Credit,
How can I remove my husband from my Bank of America Visa
credit card that we have jointly? The bank says to close it and re-apply. We
have been married 17 years. We are getting divorced.
This was my card, and I added him to it years ago. I don't want to start over because I need the credit and credit rating. It also has a lot of mileage rewards on it. Besides, I don't make much money now, so I may not even qualify. Both my husband and I have very good credit scores with no outstanding debts. -- Teresa
Dear Teresa,
The bank has the last word on this one, I'm afraid.
If your soon-to-be ex were only an authorized user on this card, it would be easy to drop him. As a joint account holder, however, the bank is counting on both of you to pay off any debts on this card. Despite the fact that it was your card originally, they have been extending credit with two people responsible for paying it and can choose not to let one of them off the hook.
Divorce court can't help much, either. Divorce settlements commonly specify which spouse gets a credit card and the accompanying debt. But the bank is not party to the divorce, and the divorce court cannot change terms of the credit card contract. Between divorce law, contract law and a couple of ex-spouses still stinging from a recent divorce, you can see how leftover joint accounts can turn into nothing but trouble. Closing the account down and starting over starts to sound like a good idea!
You shouldn't have to lose your mileage points, however. One option, of course, is to use them before you close the account. That's what you've been saving them for, right? If you can't do that, you may be able to transfer them to your new account or gift them to family or friends. You can even donate your miles to charity, either directly to organizations like the Red Cross, or through MileDonor.com, an online connection point between charities that need mileage points and donors. Be sure to transfer or donate your miles before you close your account.
If the account has a balance, try to get it paid off with assets from the divorce. The credit card company can and will try to collect from both of you, regardless of who ran up the bill or who the divorce court said should pay it. This is true even if the account is "closed," but still has a balance.
With your good credit, you should be able to get a credit card on your own even with a reduced income level. The amount you can borrow will probably be much less than your previous limit, but that can work to your advantage. Credit cards are great payment tools. They make lousy long-term loans. A card with a low limit gives you all the advantages of plastic without the temptation to let the balance build up -- as almost everyone who has had a credit card has experienced at one time or another.
You won't lose your credit history from this card by closing it. Just as you cannot erase bad credit by closing an account, you don't lose your history of being a good customer, either. You may have less available credit, which can adversely affect your credit score, but if you keep your debt balances close to zero, this shouldn't be a huge issue.
Another thing to remember about your credit score is that it only matters when you use it; for example, when you apply for a loan or credit card, try to get into an apartment or sometimes when you apply for a job. It's not affected by your income level, and it's not a judgment of you as a person. Take your time building it up as a single person. The best way to improve a credit score is slowly and steadily over the years. Good luck, and take care of your credit!
See related: Where you live impacts debt liability in divorce
Sally Herigstad answers questions about credit every week for CreditCards.com. Herigstad is a certified public accountant, author and speaker. She also writes regularly for MSN Money, Interest.com, Bankrate.com and RedPlum.com, and has been a guest on Martha Stewart radio and other programs. You can read more about personal finance and download free budgeting worksheets at her website: www.sallyherigstad.com
To Her Credit answers a question about a debt or credit issue from a CreditCards.com reader each week. Send your question to Sally.
Published: January 27, 2012
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Source: www.creditcards.com
Supreme court will decide healthcare law with politics, Americans believe - The Guardian
Most Americans believe the supreme court's judges will decide the constitutionality of the president's healthcare reforms based on their personal and political views and not the law.
The findings, in a New York Times poll , show that public confidence in the court has continued to decline amid the judicial battles over health reforms and a controversial immigration law. Three-quarters of Americans say supreme court decisions are influenced by the judges' political or personal views.
The president has already laid the ground for a political fight if the decision on health reforms goes against him by warning that it would be wrong for the "unelected" supreme court to take the "unprecedented and extraordinary" step of striking down the legislation on the grounds that the requirement for most Americans to buy private health insurance is unconstitutional.
Fifty-five percent of those polled said that the supreme court justices will decide the legality of the healthcare law "mainly based on personal or political views". Just 32% believe the ruling will be based on its legal merits. However, the same poll revealed that more than two-thirds want the supreme court to overturn all or part of the healthcare law.
Both sides are gearing up for a major political battle over the decision, which is expected before the end of the month. Some Democrats have called on the president to make the conduct of the supreme court an election issue if it strikes down the health reforms.
The poll suggests there may be some political traction there with 60% of those questioned agreeing that "appointing Supreme Court justices for life is a bad thing because it gives them too much power".
Confidence in the supreme court has fallen sharply since the 1980s. Its reputation suffered a significant blow among some Americans after it divided along political lines with the conservative majority delivering the presidential election to George W Bush in 2000 even though he received fewer votes than Al Gore.
More recently, its decision two years ago in the Citizens United case to permit unrestrained spending on political advertisements by businesses and unions also attracted accusations of ideological motives.
Republicans went on the counter-offensive this week. Senator Chuck Grassley accused the administration of an unconstitutional attack on the independence of the supreme court.
"I cannot remember when such a significant threat to judicial independence was made by attempting to affect the outcome of an impending case. It's an outrageous attack on the separation of power," he said.
Another Republican senator, Jon Kyl, accused the White House of "thinly veiled threats" against the court. Senator Mike Lee said Democrats are attempting to bully the justices. "Let's stop yelling at the referees and let the supreme court do its job while we do ours," he said.
On another politically charged case before the supreme court – an Arizona state law denounced as racist because it requires the police to probe the immigration status of people they stop and makes a criminal offence of being an illegal immigrant – a little more than half of Americans believe the legislation is "about right". One-third said it goes too far.
The Obama administration has challenged the law on the grounds that it usurps federal powers to set immigration policy.
The poll shows that 64% of Americans believe that illegal immigrants should be permitted to remain in the country in order to become citizens or as guest workers. Just 32% agree with calls for them to be deported.
Source: www.guardian.co.uk
I don't anymore: Apps to help with the details of divorce - Los Angeles Times
Although June is often a good month for weddings, there really is no good time for divorce. And it always comes at a cost -- emotionally and financially.
There are several apps to help you prepare and manage the business of divorce. However, no app will take the place of a skilled attorney.
Each state has its own specific laws and equations for financial support and custody, and many law firms from California to Illinois to New York have free or low-fee apps to walk you through the process before you set foot in a meeting with a lawyer both for the iPhone and Android devices.In California, you can get a sense of what a divorce will cost you in monthly support with a free iPhone calculator from Dishon & Block that's based on the formulas used by the California Family Code and other rules of the court. That's all is does -- give you a ballpark figure for monthly spousal and child support.
Though most of the calculators in Apple's App store appear to be state-specific, a free one in the Google Play market covers all states. The Child Support Calculator is based on the various statutory guidelines, though there are other factors that play into the final number. And the court has the final authority over the amount awarded.
One app actually in the iTunes and Android markets that really focuses on divorce in New Jersey does have broader applications for those beyond Hoboken. The app from Stark & Stark can help you do an inventory of the marital assets -- that's mine, this was his -- in preparation for formalizing the process.
It has a Divorce Journal to store personal notes about your divorce and, for physically abusive relationships, it helps you to collect audio and photographic evidence of the abuse -- and contact the authorities for New Jerseyites.
Once your marital ties are dissolved, keeping track of things from email exchanges to child exchanges is often imperative to keep the peace -- or at least legal balance. Divorce Log for Android and iPhone lets you track child support, alimony, time with your children, expenses and correspondence. Entries can be emailed as HTML or text to your attorney or child support office.
The $4.99 app will calculate your expenses and you can paste copies of text messages and emails in the correspondence part of the application.
It's much more fun, obviously, to plan a wedding than it is to plan a divorce. But the apps at least help inform and organize you.
I'm not sure you can say that Windows Phone owners stay married longer, but only the Microsoft Marketplace has no apps on how to divorce -- just how to stay married.
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Source: www.latimes.com
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