For most couples, their highest-value asset is their family home. Although many spouses wish to hold onto these assets, some agree that selling them is the best option. Many spouses believe that selling the family home is the quickest and easiest way to ensure that both parties are receiving their fair share of the family…
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Sometimes, the numbers that surround celebrity divorces are simply staggering. Many Americans might be shocked or impressed to discover that a couple is fighting over $4 million in assets during a divorce. For Dr. Dre’s wife, this number represents a drop in the ocean of a $1 billion estate she is currently fighting over in…
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The property division process is heating up as Kim Kardashian’s divorce continues. The reality TV star has agreed to pay $23 million for her own family home while Kanye West sells off properties of his own. Although this process is certainly not easy for either of these stars, it does provide an interesting look into…
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In an ideal world, spouses would handle their financial issues during divorce in a calm, measured, and logical manner. Unfortunately, an ending marriage can cause individuals to act in strange and illogical ways. Often, these emotional issues can cause spouses to make decisions that are detrimental to their overall financial well-being. If love can cause…
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When spouses approach the property division process, the assumption is that they know more about their estates than any judge ever could. Although judges do their best to make the fairest, most equitable decisions based on all of the factors at play, the truth is that they can never understand the intimate details of the…
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Many spouses have questions about how child support and alimony might impact their taxes after a divorce. While many of these questions are relatively easy to answer, a few surprisingly complex issues may arise. Aside from child support and alimony, there are many other factors that might affect a spouse’s tax considerations during a divorce.…
DetailsNot only are “gray divorces” on the rise, but it also seems as though an incredible number of high-profile billionaires are ending their marriages in recent years. We have seen the breakup of high-tech power couples such as Jeff and MacKenzie Bezos and Bill and Melinda Gates, and now another prominent billionaire couple has joined…
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