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.
When Kansas spouses decide their marriages are no longer viable, they often choose to go their separate ways. In a high asset divorce, property division issues may be a central focus of settlement negotiations. It is not always the case, however, that such situations must be resolved through litigation; many couples opt for mediation to achieve agreeable terms.
Most Kansas residents are aware that lifestyle choices can affect their health, sometimes in good ways, others quite bad. For instance, it is well-known that cigarette smoking is closely connected to lung cancer, so those who smoke place themselves at risk for the disease. Other situations can also have a potentially negative impact on physical, mental and emotional health, including high asset divorce.
Many Kansas households include married couples who have close circles of friends. Such friends typically have a lot in common with them, such as average income, children or no children, as well as what types of social activities they tend to enjoy most. Many people are influenced by the actions of their peers, even in a high asset divorce.
Kansas residents who file tax returns will want to be aware of upcoming changes in federal tax regulations. This applies most specifically to anyone contemplating filing for a high asset divorce. The changes are set to take place at the stroke of midnight as the first day of 2019 begins.
Most Kansas residents have experienced unexpected situations in life that prompt major lifestyle changes. For instance, sudden loss of income may cause someone to have to sell a home and relocate to an area where employment is more readily available. When unforeseen circumstances involve a high asset divorce, thorough preparation before heading into proceedings may increase the chances of obtaining a satisfactory settlement.