At any stage of life, divorce can be stressful and carry with it financial ramifications that are felt by both parties. Divorcees who are of a more advanced age, known as "Grey Divorce," "Diamond Divorcees," and "Silver Splitters," are not exempt from the...
High Asset Divorce
Business valuation important for divorcing entrepreneurs
Researchers estimate that among the 22 million small businesses in Texas and across the United States, about 3 million of them are owned by married couples. Jointly owning a small business can definitely add a new wrinkle to a couple's plan to divorce. A couple has...
High asset divorce may require thorough appraisal of assets
When business partners go their separate ways, they typically obtain an objective valuation of their interests in the company to ensure each partner receives a fair share of the payout. When dealing with a high asset divorce, a similar valuation may be necessary. In...
Planning ahead for high asset divorce
While there are certainly marriages that end suddenly and without warning, many spouses in Texas are aware that divorce is imminent long before the papers are filed. Spouses can take advantage of the early inklings of a breakup to make crucial preparations for the...
High asset divorce may stem from lack of partnership
Most married couples in Texas are not surprised to hear when researchers link divorce with money issues. Struggles or disputes over money have been a primary reason for divorce for generations, and hearing this in newer studies is not a shock. However, as the roles of...
After high asset divorce, wealthy men prefer to remarry
It is no secret that men and women often view marriage differently. As generations pass, the roles of men and women in a family evolve, and the attitudes about those roles change. A recent study of couples who have experienced a high asset divorce shows yet another...
Mel B’s high asset divorce includes prenuptial agreement
The lifestyles of celebrities provide as much entertainment as the movies or music they produce. For many in Texas, the luxurious homes, cars and clothing of famous people seem to be a fantasy anyone would want. However, when the personal struggles of a star become...
In a high asset divorce, a spouse may hide money with Bitcoin
Once a marriage begins to deteriorate, issues of trust often emerge. In fact, trust may be the problem which erodes the marriage in the first place. Texas couples may find that their hopes for an amicable parting dissolve when the time comes to divide the marital...
Judges have a lot of discretion in high-asset divorce cases
Have you ever listened to the Wall Street Journal podcast called "Watching Your Wealth" with Veronica Dagher? Last week's episode touched on an interesting subject: the idiosyncrasies of a divorce involving significant wealth.Dagher interviewed a New York City divorce...
Guitar at the center of Frances Cobain’s high asset divorce
Music fans in Texas are likely familiar with the story of Kurt Cobain. While his death made headlines, it is his daughter's high asset divorce that is in the news currently. As part of the split, Frances Bean Cobain and her estranged husband, Isaiah Silva, are...