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Posts tagged "High Asset Divorce"

Are rich people really more prone toward divorce?

A recent marriage study suggests that high-net-worth assets may have an impact on whether Washington married couples stay together or call it quits. In fact, this particular study suggests that wealthy people in general are much likelier to divorce than their less-affluent peers. While one study definitely does not prove or discount such assertions, it is true that finances often have significant influence on marital relationships.

Postnuptial contracts: Read before signing to avoid dispute

In business, divorce or any other transaction that includes signing a contract, Washington readers will want to remember the importance of carefully reading all terms therein and making sure they understand them before signing. A dispute may arise down the line if one or more parties of a contract suddenly claim they did not understand what they were signing. A man who was once married Elvis Presley's daughter says he was unaware of the contents of the post-nuptial agreements he signed.

Seeking tailored support for your high asset divorce

Just as no two Washington marriages are exactly the same, neither are any two divorces. Your situation is unique to your own circumstances and personal history. Why you filed for divorce may not be as critical as the type of support you secure before heading to court. In a high asset divorce, trying to go it alone is typically not a good idea.  

The better prepared one is, the less stressful divorce may be

Most people who are married or have been married in the past would agree that it can be a joyful, rewarding experience and challenging all at once. Sometimes, problems arise that can be overcome. Others situations lead to a complete relationship breakdown. When a spouse in Washington or elsewhere suspects that his or her other half is contemplating filing for divorce, it makes sense to prepare by researching state laws and having a plan in mind, just in case.  

Business assets top priority in many Washington divorces

When a person or couple works long and hard to develop, launch and sustain a successful business, it's understandable that asset protection would be of paramount importance if divorce occurs. Whether spouses also happen to be business partners or one spouse runs the business while the other remains uninvolved, when they file for divorce, both spouses will likely be concerned with business assets when it comes time to divide marital property. Washington is one of nine states in the nation that use community property laws to process divorce.

High asset divorce often equals high stress: Several ways to help

Most Washington married couples expect to be together for the rest of their lives. There's no foolproof way to predict which marriages will last and which will not; however, current data suggests that the likelihood of the latter is quite high in many areas. High asset divorce is seldom a process without challenges.

High-profile couple, Lauer and Roque, spotted at family home

Matt Lauer and his estranged wife, Annette Roque, were recently spotted sharing the holidays together with their kids. Headlines continue to spread regarding Lauer's abrupt termination from the "Today" show due to sexual harassment complaints against him. There are also rumors afloat that Roque plans to divorce Lauer. She previously began proceedings in 2006, but subsequently withdrew the complaint. Washington readers may relate to the developing story about this high\-profile couple.

Those 50 and older worried about retirement plans and divorce

There has been a 50 percent increase in divorce among those age 50 and older in the past 20 years. Surprisingly, the national overall divorce rate is on a decline according to most studies; however, this particular age group continues to see an increase. Many older people currently considering divorce in Washington are worried how the process might impact their retirement plans.

High asset divorce may be affected by possible new tax laws

Many Washington residents will navigate the divorce process before year's end. In cases of high asset divorce, various financial matters may be key factors in achieving fair and agreeable settlements. There are rumors of possible changes in federal tax laws that have many spouses concerned, especially those who pay or think they will be ordered to pay alimony.

Will a high asset wedding lead to high asset divorce?

If every Washington resident who is married answered a survey regarding why he or she chose a particular spouse, answers would greatly vary. On the flip side of that coin, if questions pertained to why people get divorced, likely no two responses would be exactly the same. However, studies show there are certain risk factors that may signal a strong propensity toward divorce. One of those has to do with how much money was spent on a wedding; apparently, a high asset weddings often leads to high asset divorce.

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