High Asset Divorce Archives

High asset divorce involving business can be complicated

The dissolution of a marriage can be tough to navigate both emotionally and financially. However, it can be especially challenging when a business is involved. Here is a look at what to expect during a high asset divorce involving a business venture in California.

Alimony a consideration for some high asset divorce proceedings

Alimony is soon changing in this country. For individuals in California dealing with a high asset divorce, the timing of one's divorce can soon become important. A change in the tax code brought about by the Tax Cuts and Jobs Act will now make alimony payments non-deductible for any divorces made after 2018. 

High asset divorce for basketball couple

Two professional basketball players have reached a final settlement after a breakup. The pair, both stars in their chosen profession, have earned a lot of money playing the sport, making theirs a high asset divorce. They are also parents who will be determining support and custody for their child. California residents may notice an unusual twist to this divorce -- the ex-wife will be paying alimony to the husband. 

During high asset divorce, couple exchange net worth information

A famous politician and his wife are calling it quits. Former mayor Rudy Giuliani and his wife have decided to end their marriage after 15 years. The split promises to be a high asset divorce, and both couples have already retained counsel for what will likely be a contested divorce proceeding. California couples observing the news may find some information to assist them in their own marital dissolution proceedings. 

High asset divorce affected by new tax code

During the process of ending of a marriage, the two parties will need to settle important financial details. When a separating couple has significant assets between them, alimony payments could be part of the financial settlement of the high asset divorce. A recent change to a long-standing tax policy may have these high-asset couples rushing to divorce before the changes come into effect in California. 

High asset divorce can be affected by prenuptial agreement

California is often host to high profile celebrity divorces. One such case that recently settled in another state illustrates some of the principles that are common to high asset divorce cases. The matter involved the divorce of Richard Stephenson, the founder of Cancer Treatment Centers of America, and his spouse of many years, Alicia Stephenson.

In Solana Beach and throughout the greater San Diego area, Ratzer Family Law is your best choice for experienced representation with personalized service. Contact us online or call 858-925-8099 today.

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