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High Asset Divorce Archives

Beware of family helping a spouse hide assets

When it comes time to divorce, beware of ways that your spouse may attempt to hide assets that may apply to a divorce settlement. Although the courts never look very kindly on hiding assets in a divorce case, the practice is still surprisingly common. In many cases, a spouse may attempt to claim that certain assets belong to another family member with whom it is relatively simple to transfer property.

Beware of false allegations in divorce

Divorce is rarely an amicable, dignified process, but two things almost always find a way to make it far more complicated — high assets within the marriage and children within the marriage. Unfortunately, the presence of either or both of these elements regularly compels one spouse or the other to take actions that turn the process hostile. In many cases, one spouse will accuse the other of some illegal act to gain leverage in the property division or custody agreements.

State Supreme Court ends divorce dispute over real estate

Determining whether an asset is actually a marital asset is sometimes a complicated matter — just ask a Florida couple who spent seven years arguing in court over several real estate properties. In the case of the couple, they had even taken precautions to avoid such disputes and created a prenuptial agreement when they married some 30 years ago.

Can I protect my business from divorce without a prenup?

Many high-asset divorces are complicated, but few are as difficult to navigate as those that involve a business that may be considered marital property. If you are facing a divorce and have concerns about how to protect your business in the settlement negotiations, you need to make some very difficult choices and take action immediately.

High asset divorce case coming to a close after 10 years

When couples with significant assets divorce, it must be handled very carefully. The greater marital assets are within a marriage the greater the potential conflicts, which can lead to expensive, protracted legal warfare between spouses. Just such a legal disaster finally looks like it coming to a close after more than a decade since the divorce was officially filed. The divorce in question involves a business fortune that was partially used to found several world-renowned cancer treatment centers.

Women doctors are more likely to divorce than their male counterparts

For decades, it was presumed that doctors divorced at higher rates than the general public. As detailed on the Harvard Medical School news site, many speculated that physicians were "more likely to be divorced...because of the long hours they keep and the stress associated with the job."

Woman claims husband hid assets, sues charitable recipient

When a couple with a great many assets decide to divorce, one spouse or another may choose to drain their accounts in surprising ways. The emotions at the heart of a divorce often express themselves in spouses trying to punish each other by doing anything they can to keep their spouse from getting a large chunk of the marital property. A Florida woman is accusing her husband of doing just during their divorce. The woman has gone so far as to sue the recipient of a large charitable donation from her husband, claiming that she is entitled to much of the gift herself.

Socialite couple accomplish surprisingly smooth divorce

Divorce, when approached poorly, can be dehumanizing and draining for everyone involved, leaving both spouses deflated and in financial ruins. Sure, it's a worst-case scenario, but it does happen. However, it truly does not have to be that way. Take for example two Miami socialites who recently split, making a point to do so amicably, despite the millions of dollars in assets that could have kept an army of lawyers busy for many years.

Where could my spouse be hiding assets?

One of the most contentious parts of a divorce is the division of assets. This can be particularly true when there is a lot of money and property on the line. In these high-asset divorces, a comprehensive and accurate accounting of assets will be crucial in ensuring that the division of marital assets is equitable, or fair.

The Equitable Division Of Invaluable Art

Any artwork collected - or created - during a couple's marriage is subject to division should they get divorced. This is problematic. Artworks fluctuate in value greatly and often. Determining a piece's true worth any given moment can be incredibly complex. As such, figuring out how to distribute a collection equitably is, for many, a source of anxiety.