Many Arizona fans of the actor Johnny Depp may have heard the news that his wife, Amber Heard, filed for divorce. Apparently the couple did not have a prenuptial agreement and it is unclear what will happen with Depp's massive fortune. He has been in many very successful movies in his career and received a large amount of money for those movies. However, it is unknown what he earned while the couple was married, but Heard is seeking spousal maintenance as part of the divorce as well.
Using QDROs to divide retirement accounts in a divorce
There is a multitude of reasons for couples in Arizona to file for divorce each year. However, the reason for the divorce does not matter when the couple begins separating their lives. The separation process is often just as unique as the marriage. The unique circumstances of the marriage will determine what issues will be dealt with during the divorce and how they will be handled when the divorcing spouses reach an agreement.
What do forensic accountants do in a divorce?
Divorces in Arizona can be very complicated. What causes the complications varies from divorce to divorce though. For example, in a high asset divorce, often times it is the financial aspects that cause the complications. One major part of any divorce is the asset division, and not only do these couples have a large number of assets, but simply valuing all these assets can be difficult.
Finding hidden assets in a high asset divorce
Every divorce in Arizona presents a number of complicated issues. Generally the two people involved in the divorce are no longer on good terms, which can make the process very difficult. Divorces can become even more complicated if the couple has a large number of assets to divide. Simply valuing all the assets in a high asset divorce can be complicated and time consuming.
Dividing property in an Arizona divorce
Divorces in Arizona can be very complicated. People have to separate their lives during a very emotional period of time, which is not easy. If the couple has minor children, decisions will need to be made regarding child custody and when each parent will see the children. There are also financial decisions that must be made about child support, alimony and property division.
Popular video game creator prepares for high asset divorce
Many people in Arizona have played the video game Call of Duty or at least have friends or children who may have played the game. The creator of the game who has made a fortune from it is now getting divorced. The couple did not have a prenuptial agreement, so the couple will have to split all the money made from the game. This could be very costly as the net worth of the couple is very high and the wealth may be in many different locations. One source indicates that he recently purchased a $1.7 million home.
Upward deviations for child support in high asset divorce
The specific circumstances involved in each marriage in Arizona are unique. Therefore, the factors involved in each divorce in Arizona are unique as well. One of the aspects that make divorces unique are the financial circumstances. Sometimes the couple does not earn much money while other couples may make a significant amount of money. High asset divorces create a number of issues that arise because they have a significant amount of money and assets.
Valuing a business for division in a divorce
People in Arizona have a variety of different jobs. The type of work and pay vary greatly. However, not everyone works for someone else. Many people own their own businesses and work for themselves. While this is generally the person's source of income, it is also an asset that the person can buy or sell. If the business owner ends up getting a divorce, the business must be divided like any other asset.
Can an inheritance become marital property during a marriage?
There are many couples in Arizona who tie the knot each year. When couples decide to do this, they begin to share everything in their lives. If one spouse earns money, both spouses typically benefit from that income. When the couple buys something during the marriage, for the most part, that property becomes joint property regardless of which spouse purchases the property.
Gwen Stefani battles over fortune in high asset divorce
Arizona fans of the musicians Gwen Stefani and Gavin Rossdale have probably learned that the couple is getting a divorce. Stefani filed for divorce, citing irreconcilable differences. However, there are reports already that Stefani is not happy about potentially having to split her $120 million fortune with Rossdale.
