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High Asset Divorce

Recent Posts in High Asset Divorce Category

  • How Are Businesses Divided in Divorce?

    How a couple divides their property depends on their state of residence. Kentucky laws require a court to divide assets equitably. This does not mean distribution needs to be completely equal; rather, it means asset division should be handled with fairness. Usually, a couple will seek the help of a mediator or court to help divide their assets (if they can’t agree on how to do so themselves). ...
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  • How to Prepare for a High-Asset Divorce

    Attorney Louis P. Winner understands that divorce can be complicated, no matter how amicable and respectful both spouses may be during the process. This is particularly true for high-asset divorces, since a large amount of assets are involved. Dividing marital property can be especially complex, resulting in a long divorce process and additional stress. If you are facing a high net worth divorce, ...
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  • Watch Out for Income Maneuvering in a High Asset Divorce

    Many Kentucky entrepreneurs own their own business, and these business can be wildly successful. Some business owners eventually marry, but continue to be the sole owner of the business. Unfortunately, not all marriages are meant to last. Sometimes, if your spouse owns a business and divorce is on the horizon, it is important to make sure your spouse is not unscrupulously using the business to ...
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  • Valuing Real Estate in a High Asset Divorce

    Many high-asset couples in Kentucky own more than one home. For example, they may own the house that serves as their primary residence and a beach home or cabin in the woods. So when they divorce , decisions need to be made as to how to divide these multiple pieces of real estate. But before real estate can be divided, it is important to obtain an accurate value on it. In general, there are three ...
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  • Billionaire and actress involved in high-asset divorce

    Not all marriages are meant to last, and in these days it is not uncommon to hear of celebrity divorces. Of course, any couple, whether they are famous or not, may one day find that it is best to end their marriage. Even so, individuals in Kentucky may find the following story on one high asset divorce interesting. For the second time, a famous actress and billionaire are ending their marriage. ...
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  • Common Mistakes Made During High Asset Divorce

    There is a lot at stake in a high asset divorce . As some couples in Kentucky may find, issues involving property division and spousal support become more complex for couples with a high net worth. After all, complex assets such as businesses, real estate, stock portfolios and others need to be divided, and an appropriate amount of spousal support needs to be negotiated. This can be a complicated ...
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  • High Asset Divorce Settlement of Kenneth Griffin

    Last week we discussed some of the benefits of hiring a divorce attorney in a high asset divorce case . One recent high asset divorce case that has reached a settlement may be of interest to Kentucky readers of this blog. Kenneth Griffin, the man who made billions as a hedge fund manager, has recently settled his divorce with his wife. The settlement was made, reportedly, so that the couple's case ...
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  • High Asset Divorce & Hidden Assets

    Kentucky couples going through a high asset divorce face a unique set of issues. At the heart of a high asset divorce is obtaining a truthful and accurate appraisal of each spouse's net worth. After all, high asset couples may own several homes, businesses, stocks, bank accounts, investment portfolios and other valuable assets. The Problem of Hidden Assets Unfortunately, it is not unheard of for ...
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  • 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 ...
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  • Helping Spouses Uncover Hidden Assets in a Divorce

    Dividing property after a divorce in Kentucky is not as simple as it may seem. There are many assets to consider that go far beyond a house, furniture and automobiles. Other marital property, such as stocks, bonds, retirement accounts and bank accounts are all subject to division during a divorce. Spouses must lay all their assets out on the table in order to fully divide them fairly. This is not ...
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  • Children of High-Income Families May be More Stressed by Divorce

    Divorce can have a major impact on just about any child in Kentucky. They may suddenly feel as if their whole world has been turned upside down. It is understandably a difficult transition for a child and their parents to make. However, a new study has stated that children from higher-income families may be the most affected when it comes to divorce. The study was performed by researchers at the ...
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  • Future of Hedge-Fund Company Put at Risk

    High asset divorces are not only for celebrities. A high asset divorce may also involve a high-profile couple that own millions of dollars in real estate, properties and business investments. Considering this, the divorce of financial powerhouse couple Ken Griffin and Anne Dias Griffin falls into the category of a high asset divorce. According to the reports, Kenneth Griffin is divorcing his wife, ...
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  • Important Lessons From Ex-governor's High Asset Divorce Case

    The high asset divorce of an infamous former New York governor from his wife caught the media's attention recently, so it could not be avoided by many Louisville, Kentucky readers. The settlement awarded the wife $7.5 million in cash and the New York City home. The ex-governor was ordered to pay $240,000 annually to his ex-wife until she remarries or dies. Although this divorce case became ...
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  • The Benfits of Hiring a High Assets Divorce Attorney

    When a Kentucky couple decides to divorce , they may be tempted to do so without the advice of legal counsel. They may think that they can save money by not engaging the services of an attorney, or they may think that their divorce is relatively uncomplicated and that an attorney's services aren’t even necessary. However, these beliefs are often unfounded and end up leading to long-term, financial ...
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