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How Do High Asset Divorces Differ from Low Asset Divorces?
Divorce is never a simple process. Between the emotional toll of a split, and the legal and financial details that need to be worked out, it has an undeniable impact on anyone going through it. For couples with a higher net worth and more substantial financial assets at stake, ending a marriage can be even …
Bill and Melinda Gates Announce Their Divorce
In early May 2021, Bill and Melinda Gates announced that they are divorcing after 27 years of marriage. As one of the wealthiest families in the world, much has been speculated about how they will divide their fortune, estimated to be more than $130 billion. With $120 million mansion in Washington state, a private plane, …
How are High-Asset Divorces Handled Among Athletes and Entertainers?
When a marriage comes to an end, there are a host of different issues that need to be resolved before the divorce is official. Divorce issues are much more complicated for wealthy individuals in the spotlight, like professional athletes and entertainers. To ensure child custody, visitation, and property division terms are resolved fairly and efficiently, …
Should Divorced Parents Spend Holidays Together?
If you’re recently divorced or separated, you may want to work with your family lawyer to determine whether you and your ex should spend the holidays together.
Divorce and the Protection of Premarital Assets
In New Jersey, upon divorce, most assets acquired during the marriage are subject to equitable distribution. That is to say the court will distribute the marital assets in a manner that is fair to both parties. Marital assets in NJ are assets that have been legally and beneficially acquired by them or either of them …
How to Prepare for High Asset Divorce in NJ
Divorce can be a daunting process to begin with. A high asset divorce in NJ, however, can be even more complicated. Remember, it took a lot of time and energy to get where you are today so, if you decide to divorce your spouse, you’d like to come out of it in the best financial …
Actor Liam Hemsworth Files for Divorce from Miley Cyrus
Actor Liam Hemsworth filed for divorce from entertainer Miley Cyrus after only eight months of marriage due to irreconcilable differences. The celebrity couple married in December 2018 and were a couple for 10 years on and off before that. Before the marriage occurred, both parties signed a prenuptial agreement. They shared about fifteen pets, which …
Jeff Bezos (Amazon CEO) Divorce Viewed Under the Lens of New Jersey Law
Written by: Marissa A. Del Mauro, Esq. Recent news outlets have reported that, Amazon CEO Jeff Bezos and his wife MacKenzie Bezos have decided to file for divorce after 25 years of marriage. It has been reported that the divorce will be filed in Washington State, which is a community property state. This leaves the …
Benefits of Prenuptial Agreements
Prenuptial agreements require couples to establish guidelines for dividing up their assets, such as homes, cars, and fine jewelry. However, the reality is that prenuptial agreements are practical and beneficial tools for every couple, regardless of wealth or assets. Prenups are about much more than who gets the vacation house in the event of a …
Mistakes to Avoid in a High Asset Divorce
Every divorce has its challenges. Whether emotional, physical, or financial, divorce can be a difficult transition. When the economic stakes are high, divorce can be even more complicated. There are a few ways to protect your interests and your sanity while keeping your high asset divorce as painless as possible. Be patient You might want …
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