As many Kansas couples know, it can take months, even years, to resolve divorce issues when spouses disagree, especially when such issue pertain to money. Superstar actor Robert De Niro is currently entangled in a contentious high asset divorce with his former wife, Grace Hightower. The judge overseeing their case recently scheduled the next proceeding for Valentine's Day.
Most people who get married believe that they'll stay that way, but sadly, that isn't always true. For wealthier couples here in Kansas, it can be difficult to determine how to handle a divorce settlement, especially at a time when emotions may be running high. Some people realize too late that they should have gotten a prenuptial agreement. However, there is another option for those who may be concerned about the possibility of a high asset divorce. A postnuptial agreement serves many of the same purposes as a prenup and there are several scenarios where a couple may decide it's the right choice for them.
A new year is just around the corner. Many people are busy writing lists and setting goals that they hope to achieve before 2020 will come to an end. Some married couples in Kansas have decided to go their separate ways after the start of the new year. Navigating a high asset divorce can be stressful and challenging, which is why it pays to be as prepared as possible when heading to court.
Many Kansas spouses decide to end their marriage but want to avoid getting tangled in a contentious, lengthy court battle. In a high asset divorce, there are often complex financial issues to discuss and resolve. However, it may still be possible to do so without requiring litigation.
Many married couples in Kansas and beyond fight about money. In fact, financial disagreements are a leading cause of high asset divorce. When spouses have different opinions about spending, budgeting, income, investing or paying bills, it can spark lasting, if not permanently damaging, consequences in a marriage. A group of financial analysts who conducted a survey say this issue ranks high as a leading factor in many divorces throughout the United States.
You have met the love of your life and can't wait to get married. Perhaps you own a successful business in Kansas or simply want to protect your interests as best you can. Thinking of such issues does not mean you do not love or trust your soon-to-be spouse. Many people in your situation simply want to be as prepared as possible in case a high asset divorce ever takes place.
Celebrity realtor Kurt Rappaport is currently entangled in a contentious court battle with former Guess model, Sarah Mutch. The pair are navigating a high asset divorce for which they apparently prepared for before marriage by signing a prenuptial agreement. The agreement states that Mutch is entitled to receive $45,000 per month in spousal support for an amount of time equal to half the duration of the couple's marriage. Kansas residents facing similar issues may want to follow this case.
Many Kansas married couples will be heading to court before the year's end. Some will get locked into legal battles in high asset divorce cases, although most will likely not have tens of millions of dollars at stake like Johnny Depp and other Hollywood stars have had when they severed marital ties. In Depp's case, it seems the finalization of his divorce was merely the beginning of other legal problems.
Regardless of what prompts a decision to legally sever marital ties, spouses often have numerous issues to resolve before they can go their separate ways. In a high asset divorce, especially for parents, child support and property division are often a central focus of Kansas courtroom proceedings. Beyond that, it can be difficult to adjust to a new lifestyle when one has become accustomed to his or her old one.
When Kansas spouses decide to go their separate ways after a marriage that has lasted 10 years or more, they often encounter many challenges regarding important issues that need resolved first, such as those having to do with property division or child custody. In a high asset divorce, such issues can be quite complex, especially if one or both spouses owns a business or a diverse investment portfolio. There are several things to keep in mind to help avoid settlement problems.