Category: High-Asset Divorce

Last updated on April 8, 2021

If there is one obvious take away from all the Mel Gibson stories that have blared out from media headlines over the past couple years concerning his family life, it must be this: The man is rich. Rich enough, indeed, to have hundreds of millions of dollars left over following court-mandated outlays for child support […]

Continue reading Mel Gibson’s high-asset divorce settlement finalized ...

Last updated on April 8, 2021

Professional basketball star Kobe Bryant is reputedly the top money maker in his profession. Last year he earned close to $25 million in salary, and he also exercised a contract extension worth more than $80 million. Undoubtedly, his soon-to-be ex-wife Vanessa is well aware of all the material details, since she filed for divorce from […]

Continue reading Kobe Bryant’s wife files high-asset divorce petition ...

Last updated on April 8, 2021

Recent details have emerged from court documents outlining the high-asset divorce of semi-retired wrestler Hulk Hogan, who was forced to forfeit 70 percent of his liquid assets in a divorce settlement to his former wife of 26 years. The amount she will receive is nearly $7.5 million. Hogan, 58, whose real name is Terry Bollea, […]

Continue reading Wrestler Hulk Hogan taken to mat in recent divorce settlement ...

Last updated on April 8, 2021

The result of a recent Supreme Court case involving rights to an employer-sponsored retirement account following a divorce decree underscores the importance of securing experienced family law counsel in any divorce matter that involves substantial financial interests. That is true for residents in Fulton County and elsewhere throughout the country, and especially in a high-asset […]

Continue reading Important divorce considerations sometimes overlooked ...

Last updated on April 8, 2021

As we have remarked to our readers many times in prior blog posts, every divorce is unique, with the factors and considerations involved highly singular for each separating couple. Sometimes there is not much to contest or argue about, with dissolution being a simple, quick and quite straightforward matter. At other times, especially when considerable […]

Continue reading Noted crime novelist Elmore Leonard in high-asset divorce ...

Last updated on April 8, 2021

The division of assets can sometimes be challenging and even contentious in a high-asset divorce case. Assets must be valued at a certain point in time for the court to properly divide them. Although a valuation date may be at any time a court decides, each state has a specific rule it tries to abide […]

Continue reading Asset valuation key in divorce settlement ...

Last updated on April 8, 2021

When we last left off with the high-asset divorce dispute between a couple often described as the one-time richest married partnership in San Diego County, it was with these words: “Final arguments in the dispute are expected to continue well into the summer months.” We wrote that in our March 30 blog post, and it […]

Continue reading High-asset divorce ruling reached six years after couple splits ...

Last updated on April 8, 2021

A national association that researches and analyzes business and tax issues related to divorce is holding its ninth annual conference on divorce taxation in New York this coming weekend. A central focus of this year’s gathering is tax misconceptions that are commonly held by divorcing persons, some of which might be particularly relevant to high-asset […]

Continue reading The importance of attending to divorce taxation matters ...

Last updated on April 8, 2021

If you’re a Georgia resident involved in a high-asset divorce proceeding, and your soon-to-be ex is trying to convince the judge that the bulk of the assets owe to his or her innate genius in acquiring them, you likely don’t have to worry unduly that you’ll be shut out by not having an equally lofty […]

Continue reading Equitable Distribution of Marital Assets: “Genius” is Not a Factor ...

Last updated on April 8, 2021

When a wealthy estate is at issue in a high-asset divorce, it pays — literally — to have a family law attorney with a deep well of experience in property division matters draft well-considered and carefully written divorce settlement documents. It is certainly important, obviously, that a client also fully understand those documents and the […]

Continue reading Divorce Settlement Lesson: Draft Carefully, Know Consequences ...