It may seem to residents of Kentucky that many Hollywood marriages are just a flash in the pan, but in reality they can last for decades. However, no matter what a person's fame or wealth is, it is entirely possible that their marriage simply cannot endure and it is best to divorce.
55-year-old actor Antonio Banderas and his wife, actress Melanie Griffith, have recently finalized their divorce. They had been married for nearly two decades and have a teenage daughter together. The couple had a post-nuptial agreement in place that was created back in 2004.
The couple will split income that they earned making movies between 2004 and 2014. However, Banderas will retain the right to keep the profits earned from certain movies. Griffith was awarded a home in Aspen and a piece of artwork by Pablo Picasso. Banderas was also awarded some Picasso artwork and a drawing by Diego Rivera. The couple had a home in Los Angeles, which they sold and divided the proceeds. In addition to the division of assets, a spousal support award was made in the divorce. Banderas will pay Griffith alimony in the amount of $65,000 monthly.
High asset divorce cases can be complex. Asset valuation becomes very important, so that property division can be fair. Disputes may arise as to the value of certain assets, such as real estate and business assets. Oftentimes professionals are employed to assist with asset valuation.
In addition to the division of marital property, spousal support may also be an issue in a high asset divorce. This may especially be true if one party's earning capacity is significantly higher than the other's. In addition, if there was a prenuptial agreement or a postnuptial agreement in place, this needs to be taken into account when the couple divorces.