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High Asset Divorce Archives

Trial scheduled for 6-year complex divorce battle

High-asset divorces in Texas -- as in other states -- can continue for years before they are finalized. This is also the case in the complex divorce of Richard and Alicia Stephenson, who filed for divorce in 2009 after a marriage that lasted 18 years. The couple's failure to come to an agreement about the division of their millions and questions about the validity of their prenuptial agreement that could prevent Alicia Stephenson from receiving anything may finally be resolved at a scheduled trial.

Complex divorce: Ex-Mrs. Jason Flom reported to live in poverty

High net worth couples in Texas who are considering divorce may want to explore all their options before deciding to go the route of litigation. It is not uncommon for a complex divorce case to continue for years before a final settlement is reached. The former wife of Jason Flom -- the founder of Lava Records -- is reported to be suffering the consequences of such an ongoing divorce case.

Are you capable of navigating a high net worth divorce alone?

When Texas individuals with high net worths consider divorce, there are numerous aspects that will need thorough consideration. It is also not uncommon for spouses in complex divorce situations to disagree on multiple levels, and suspicions or mistrust may lead to lengthy litigation procedures. Each spouse may benefit from selecting a team of professionals to preserve his or her financial and emotional investments throughout a high net worth divorce.

Was high net worth divorce of Affleck and Garner timed perfectly?

Texas readers might be aware of the recent divorce filing of Ben Affleck and Jennifer Garner. According to many media reports, this has been a long time coming. However, could the date of their divorce filing have been carefully planned? A high net worth divorce can be complicated, and both these movie stars are worth millions.

High net worth divorce: Bobby Flay's ex fights validity of prenup

When the celebrity chef Bobby Flay and his soon-to-be ex-wife, Stephanie March, attended a court hearing recently, the hostility between the two was evident. Any celebrity couple -- in Texas or elsewhere -- who is going through a high net worth divorce will typically have their private lives exposed by the media, only to make the process more traumatic. Stephanie March is contesting the validity of their prenuptial agreement, asking the court to declare it null and void.

Final ruling imminent in the Hamms' complex divorce

Texas readers may be interested to learn about the recent news that a final ruling is imminent in the high net worth divorce of Harold and Sue Ann Hamm. The soon-to-be divorced couple resides in an adjacent state, and Mr. Hamm is said to be number 29 on the list of richest Americans. The source of the bulk of his business assets -- estimated to be about $14 billion -- is apparently his 68 percent share in Continental Resources. The couple's marriage lasted for 26 years, and it is reported that they never signed a prenuptial agreement before their wedding -- a fact that is a contributing factor in this complex divorce.

Kenneth Griffin's high net worth divorce filing shocks his wife?

Citing an irretrievable marital breakdown as the result of irreconcilable differences, Kenneth Griffin recently filed for divorce in another state. This filing was not entirely unexpected, as the couple had been separated for over a year. However, his wife was unaware of his intention to file for divorce while she took their three children on a summer vacation. This high net worth divorce will likely catch the attention of many residents in Texas. This was Kenneth’s second marriage, while it was his wife’s first.

High net worth divorce involving alleged abuse finalized

The daughter whose parents were once the main shareholders of a large electrical corporation later sold to ABM Industries recently had her divorce finalized. She went from that courtroom to another floor where her ex-husband appeared to hear when he would have to be back in court on charges related to an alleged attack on her. Texas residents may be interested to learn what sparked this attack, months before the high net worth divorce.

Tony and Heather Podesta in the midst of a complex divorce case

It is not uncommon for the divorce proceedings of high-profile couples to attract the attention of the public. The complex divorce of the lobbyist couple, Heather and Tony Podesta, is being widely reported currently, and the biggest bone of contention seems to be the 1,300 artworks in their possession. With Texas being a community property state, each party is trying to protect their own interests and to claim their fair share, rather than settling for the prescribed 50/50 division of assets.

High net worth divorce between Gwyneth Paltrow and Chris Martin

The decision to file for divorce is never an easy one. Even when couples have all intentions to part amicably, some contentious matters are bound to make an appearance. This is especially applicable to high net worth divorce filings. Both parties need protection of their own interests, while at the same time they try to minimize the potential harmful effect of divorce on any children. Texas residents may be aware of the looming divorce of actress Gwyneth Paltrow and singer Chris Martin.

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