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Posts tagged "High Asset Divorce"

How is property divided in a high asset divorce in Arizona?

There are many divorces that occur each year in Arizona. Divorces can be very emotional times for the parties involved, as well as for their children and other family members. Despite the fact that a divorce can be very emotional, the parties still need to make very important legal decisions. These decisions include making arrangements for child custody and child support if there are minor children involved. Another common decision is whether one spouse will pay the other alimony. However, one issue that almost all divorces will involve is property division.

Reality television stars Kris and Bruce Jenner to divorce

Many people in Arizona have probably heard of the Kardashians and the Jenners. The family has been the stars of the reality television show "Keeping up with the Kardashians." Fans of the show probably also know that Kris Jenner and her husband Bruce Jenner, the mother and father in the family, have been separated for a while now. Many probably assumed that divorce would happen, but Kris has now made it official by filing for divorce. The couple only has one minor child and Kris requested joint custody of her. However, the couple has not decided how they will divide their assets.

Actors David Duchovny and Tea Leoni divorce

Arizona fans of actors David Duchovny and Tea Leoni may be surprised to learn that the couple has officially decided to end their marriage. The couple has separated a couple of times before, but this time it seems to be officially over as the couple filed for divorce in June. They have now reportedly worked out the terms of the divorce. The couple will have joint custody of their two children, with Leoni having primary custody. Duchovny will pay Leoni $8,333 per month in child support and $40,000 per month in alimony.

Antonio Banderas and Melanie Griffith are getting divorced

Fans of Antonio Banderas and Melanie Griffith in Arizona may have been surprised when they heard that the couple is getting a divorce. The well-known couple has been married for 18 years and they have one child together. The couple issued a statement that the divorce is consensual and that they intend to end the marriage in a loving manner. Griffith is seeking spousal maintenance and the couple will have to work on splitting their assets and numerous properties in the U.S. and Spain, which may take some time.

Cuba Gooding Jr. and his wife are divorcing

Many people in Arizona are probably familiar with at least some of Cuba Gooding Jr.'s acting work over the years. His fans may have been surprised by the recent news that his wife of 20 years filed for divorce. As recently as August of last year, the actor publicly praised his wife on The View. However, as is often the case, a couple that seems very happy to others may be having irreconcilable differences at home. The couple has three children, ages 19, 17 and 8, and the mother is seeking joint custody of them.

Musician Chris Martin and Gwyneth Paltrow are separating

Many Arizona fans of either Coldplay's Chris Martin or of the actress Gwyneth Paltrow may be surprised to learn that the high profile couple has decided to separate after 11 years of marriage. Although reports differ, the couple reportedly has upward of$280 million in joint assets, which include multiple multi-million dollar properties.

Wife of actor David Cassidy seeks a divorce

Some Arizona fans of David Cassidy may be surprised to learn that his wife has filed for divorce after 23 years of marriage. According to his wife, this decision has been looming for some time and it has been reported that the couple has been living apart for the last few months. Mr. Cassidy also was recently arrested for his third DUI and has had an ongoing battle with alcoholism. It is not clear whether the recent DUI had anything to do with the divorce.

As part of divorce, Khloe Kardashian and Lamar Odom sell house

In can be a complicated process for anyone getting divorced in Arizona. People have to divide assets, decide on child custody, visitation, child support, spousal maintenance and many other issues. For people with fewer assets, it is much easier to divide assets, and it reduces the complications associated with it. However, for those with many assets, it can be very complicated. Many times in a high asset divorce, the couple has large amounts of investments, bank accounts and even debt. Also, many times they have multiple and expensive property interests.

Ashton Kutcher finalizes divorce with Demi Moore

Fans of actor Ashton Kutcher and actress Demi Moore may be interested to know the two have finally ended their marriage. The couple separated about two years ago, but the divorce was not finalized until November 26th when dissolution was entered in Los Angeles Superior Court. The popular couple was married in 2005. Reportedly the long delay is attributed to a dispute on how to divide the couple's wealth, which is estimated to be over $300 million.

Man claims he threw gold away to deprive wife of it in divorce

Emotions can run high during any divorce, including in Arizona. These emotions can lead people do things that they normally might not do. On top of the emotions, divorces can be complicated, as the couple makes decisions about asset division, child custody and alimony. In a high asset divorce, asset division can oftentimes be the most complicated portion of the divorce. In such divorces, sometimes people engage in rash behavior in order to keep assets from a spouse as emotions run high.

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