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Posts tagged "high-asset divorce"

Increase in divorces after 50 can complicate asset division

In any divorce in Arizona, there can be many complications. People have to deal with child custody, child support, spousal maintenance and asset division to name a few. Sometimes asset division can be the most complicated part of the divorce, especially in a high asset divorce. Many times divorces that occur later in the couple's life increase the likelihood of asset division complications.

NBA star accused of violating court ruling in high asset divorce

Arizona couples going through a divorce or preparing to do so are likely beginning to look at their property and thinking about who will take what once the split is complete. These are rarely easy decisions; emotional attachments to certain items aside, some property and assets are difficult to value and ownership may be disputed. Asset valuation and division are often key components of a high net worth divorce.

What to do with a 529 plan upon divorce?

Divorce is seldom an easy process. Many Arizona residents with children going through a divorce know how stressful it can be. Between child support and child custody, the kids may often bear the unexpected burden of divorce. Among the many issues related to asset division in a high-asset divorce, parents of children may also have to cope with how to manage any money currently set aside to help pay for a child's future college expenses.

Arizona Judge finalizes divorce of NASCAR's Danica Patrick

Arizona residents will be interested to learn more about one high-profile couple who is putting the "brakes" on their marriage. Danica Patrick is a woman that is known for her speed on the track. Recently, she kept up her reputation for getting things done fast by finalizing her divorce from her husband Paul Hospenthal less than a year after she initially filed for divorce.

Oil baron Harold Hamm's high asset divorce threatens his empire

Divorce is never an easy time in the life of a couple, but a high asset divorce can pose exceedingly difficult issues for all parties. When a couple has higher assets, it's likely that the divorce will face media scrutiny as a high-profile divorce. Arizona residents who are contemplating divorce or who are currently in the midst of divorce proceedings should take note of the following story from a different state. This divorce highlights how unique and complex financial considerations are when considerable assets are involved.

Racecar driver Danica Patrick files for divorce

Divorce is never an easy process. When one of the parties is a celebrity, the process can be even more difficult due to the publicity involved. This may be why celebrities may choose to keep their private lives, including information about a divorce, as confidential as possible, as evidenced by racecar driver Danica Patrick.

The parents of Jessica Simpson file for divorce

Divorce can be long legal battle with many factors and much at stake. When it comes to a high-asset divorce, the stakes are even higher. That may just be the case for one Hollywood couple who claim their decision to divorce is amicable, but press reports indicate the split may end up being rather contentious.

NASCAR CEO wants high net-worth divorce sealed

Arizona residents who are going through a divorce often find themselves in family court, dealing with contentious issues concerning everything from asset division to child custody. It is important that people are aware that much of the information relating to divorce proceedings is considered a matter of public record and can be accessed by anyone desiring to do so.

McCourt divorce: in settlement, Frank got 90 percent of assets

Arizona Baseball fans and non-baseball fans alike may have heard about Major League Baseball's arguably most famous divorce story. The dramatic divorce of the former owners of the Dodgers, Frank and Jamie McCourt, was highly-publicized before the two finally reached a settlement this time last year. The high-asset divorce was very complicated because of complex assets and the Dodgers' bankruptcy filing among other things, and now the McCourts are headed back to family law court.

The 12-year divorce

When Arizona residents begin divorce proceedings, they often wonder how long it takes to have the whole thing settled, finalized and put behind them. The answer to this question varies greatly depending on the parties involved, their priorities, disputes and interests. In a divorce with simple assets and a willingness to work together to resolve issues, things can move pretty quickly. In a high-asset divorce, or a divorce involving more complicated property and children, as well as hotly-contested issues, it can take much longer to resolve everything. The timeline, for the most part, is in the hands of the parties who are divorcing each other.

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