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Tag Archives: high-asset divorce

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Fatburger CEO Used $100,000 of Company Funds for a Divorce Attorney

By AACFLBlog News & Events

If you are a high-net worth individual, you need to be very careful about how you pay for your divorce attorney. There are complex laws regarding when and how corporations can pay for divorce-related legal fees, and you need to be very careful about how you approach this situation. If the company is publicly-traded, the…

February 24, 2022
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Chrysler Building Owner’s Divorce Could Affect New York Real Estate

By AACFLBlog Divorce Planning News & Events

Michael Fuchs is the co-owner of the Chrysler Building in New York, and he is heading for divorce. The billionaire owns a considerable amount of midtown Manhattan real estate, which means that his divorce could have a very real impact on New York’s real estate world. Fuchs’ former spouse is Alvina Collardeau-Fuchs, who is now…

February 18, 2022
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Lucille “Lovey” Handelsman Dies After Epic Divorce Battle

By AACFLBlog News & Events

On November 23, 2021, it was reported that Lucille “Lovey” Handelsman had passed away at the age of 93. Legal experts know her as the woman who managed to wrestle away most of her husband’s holdings along Palm Beach’s famous Worth Avenue, and she died while holding the unofficial title of “Mayor of Worth Avenue.”…

November 26, 2021
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Selling the Family Home: Before or After a Divorce?

By AACFLBlog Divorce Planning

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…

November 12, 2021
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What Kind of Financial Experts May be Needed During a Divorce?

By AACFLBlog

Many spouses approach their divorce with the expectation that their attorney can handle virtually every aspect of this legal process. Unfortunately, this is usually not the case, especially when spouses are dealing with complex estates with high-value assets. In order to unravel these complexities, spouses are often forced to enlist the help of a wide…

September 10, 2021
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Financial Implications of Grey Divorce

By AACFLBlog Divorce Planning

According to various statistics, grey divorce is becoming increasingly common in the United States. The term “grey divorce” refers to the separation of married couples who are at a relatively advanced age. Generally, these individuals are over the age of 50. One study found that divorce rates for those 65 and over have tripled within…

September 2, 2021
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Scott Hassan’s Billion-Dollar Divorce

By AACFLBlog Divorce Planning News & Events

Silicon Valley divorces have been all over the news as of late, with Jeff Bezos and Bill Gates perhaps the most noteworthy examples. But while these divorces have been hidden away from the public eye, another breakup in the big tech world is brimming with public controversy. We are speaking, of course, about Scott Hassan,…

August 27, 2021
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