High asset divorce of chef Giada De Laurentis finalized

Chef and television star Giada De Laurentiis is a household name for many culinary-minded individuals in Kentucky. Fans of De Laurentiis work may be interested to hear that her divorce has recently been finalized. De Laurentiis and her husband had been married for 11 years, but decided to separate back in July. The couple has a 7-year-old daughter together.

Per the terms of the divorce, De Laurentiis and her ex-husband will both enjoy joint custody of their child. However, De Laurentiis is responsible for paying child support in the monthly amount of $9,000. Neither De Laurentiis nor her ex-husband will be paying alimony.

With regards to property division, the couple did not have a prenuptial agreement in place. De Laurentiis' ex-husband was awarded the $3.2 million home. In addition, he will also receive half of all De Laurentiis' royalties for publications she authored while married, along with half of the advancements she has yet to be paid for regarding a number of cookbooks that are currently in the process of being published, worth over $5 million.

High asset divorces are often high stakes divorces. With numerous complex assets to be divided, it is important that each spouse's rights are represented. Real estate, retirement plans and business assets are only some types of property that could be subject to property division in a high asset divorce. It is important that all property involved in a high asset divorce is properly valued, so that it can be divided appropriately.

With so much at stake in a high asset divorce, the division of assets should not be handled alone. Instead, each spouse involved in a high asset divorce may want to seek the help they need to ensure that their individual interests are being protected.