Category: High-Asset Divorce

Last updated on April 8, 2021

In Georgia, a divorce that involves a family-owned business and its various considerations – which can centrally include property valuation, ownership, previous contracts and a host of other matters – can be complex and time-consuming. Although running a family-owned business can bring many advantages, a high-asset divorce can prove devastating and costly if a plan […]

Continue reading Protecting interests in a family business in the event of divorce ...

Last updated on April 8, 2021

In 2009, 25 percent of all divorcing couples were baby boomers. Twenty years ago, boomers made up just 10 percent of divorcing pairs. Dividing a couple’s assets and income when they are so close to retirement creates challenges that younger divorcees are unlikely to face. Financial planners suggest that all couples, whether they are getting […]

Continue reading Baby boomer divorce: a mindful focus on assets and property division ...

Last updated on April 8, 2021

As noted in a recent Wall Street Journal article: “It’s getting a lot tougher to keep a secret stash.” Many commentators, ranging from divorce attorneys and forensic experts to accountants and private investigators, note that both rapidly evolving and firmly established technologies have upped the ante on couples seeking to uncover information about each other […]

Continue reading The new world of asset tracking through electronic discovery ...

Last updated on April 8, 2021

Here’s an idea for a couple proceeding through a high-asset divorce with lots of personal and real property to dispose of and an inability to agree upon anything: Hold an auction, split the proceeds and be done with it. The venue for doing so is called a “divorce auction,” and one auctioneer says that it […]

Continue reading The venue for asset disposal in some cases: the divorce auction ...

Last updated on April 8, 2021

A man who went to court seeking revision of a divorce settlement in which he paid his wife for the assumed value of an investment that later flopped has been denied by the New York Court of Appeals, that state’s highest court. The failed investment was one of many managed by disgraced financier Bernard Madoff.. […]

Continue reading Court: Don’t come back later because of bad divorce settlement ...

Last updated on April 8, 2021

It’s hard to tell how Jamie McCourt — former Los Angeles Dodger co-owner, along with ex-husband Frank McCourt — might be feeling right now, in the aftermath of Frank’s long-expected sale of the team for $2.15 billion. The reason: All property-related matters in the couple’s high-asset divorce were settled last October, pursuant to which Jamie […]

Continue reading McCourt’s high-asset property division tale ends with Dodgers’ sale ...

Last updated on April 8, 2021

We have until today demurred from posting any details concerning the high-asset divorce proceeding of former NBA basketball star and likely future Hall of Fame player Allen Iverson and his estranged spouse, Tawanna Iverson. The matter is, however, a bona-fide and growing news story and has become replete with sufficiently varied aspects of a complex […]

Continue reading Fulton County Superior Court main venue for Iverson divorce matter ...

Last updated on April 8, 2021

We have noted for readers and highlighted in past blog posts that a high-asset divorce matter can — and usually does — involve a great deal of complexity. Many things can be front and center and require closest scrutiny where complex property division is involved, including accurate asset valuation, proper identification of what constitutes marital […]

Continue reading Tycoon, wife in high-stakes dispute over assets, realty holdings ...

Last updated on April 8, 2021

The writer of a recent divorce-related article pointedly asks a question that most people likely do not consider in the lead-up to a split or in the aftermath of a marital dissolution, namely, this: “Should we have to live in fear of our retailers?” Put another way: In the expanded era of data mining, in […]

Continue reading A connection between shopping habits, data mining and divorce? ...

Last updated on April 8, 2021

Couples obviously do not always fight harder over finances and property matters during a marriage dissolution when a high-asset divorce is in play, but that is certainly a common perception. Where multiple houses and millions of dollars are involved, negotiations often do get protracted and aggressive, with the media being full of stories that have […]

Continue reading Perry, Brand high-asset divorce termed amicable ...