Posts tagged "high net worth divorce"

Millions of Americans watched in awe when reality TV star Kim Kardashian married New Jersey Nets player Kris Humphries in a lavish made-for-TV wedding in August 2011. Kardashian filed for divorce just 72 days later, probably thinking that the couple's short marriage and iron-clad prenuptial agreement would mean a fast and easy divorce.

However, more than a year later, Kardashian and Humphries are still legally married as the case has inched along at a snail's pace. In a court appearance last week, Kardashian's attorney told the judge presiding over the case that her client feels "handcuffed" to her ex because the divorce is taking so long to settle.

Couples seeking divorce in New Jersey have a number of options to consider when determining how to reach an agreement. Some couples may choose to go the "traditional," litigated route, which can result in lengthy court disputes. On the other hand, some may opt for New Jersey's Early Settlement Panel, which is a way to take care of divorce in an amicable environment outside of court.

Danica Patrick, the groundbreaking NASCAR driver, may have shared the same sentiment as those who choose an Early Settlement Panel divorce when she said that she will be getting divorced. In her announcement, Patrick indicated that she and her husband of seven years intend to remain friends and reach a divorce agreement in a civil fashion.

When a couple who've been married for a considerable number of years decides to divorce, it's often viewed by outsiders with much speculation. The most recent such couple to announce they have decided to file for divorce is Joe and Tina Simpson. Best known for having two famous daughters, the couple has amassed a considerable amount of wealth and assets throughout the years.

While well intentioned, many couples that walk down the aisle eventually decide to go their separate ways. It's smart, therefore, for individuals to protect whatever assets they bring to a marriage. A prenuptial agreement is one way that individuals, especially those with considerable wealth, can protect their financial standing. There are, however, some things that may result in a prenuptial agreement being deemed null and void.

Divorces involving a couple with considerable wealth, presents unique and complex issues. Often high net worth divorces can become contentious and result in long drawn-out legal battles that end up costing both spouses a lot of wasted time and money. This can be especially true when a divorcing couple is famous and the details of their marriage and divorce become media fodder.

A group of New Jersey women have banded together to take on a Monmouth County family court judge, who they claim favored their wealthy and sometimes criminal ex-husbands in their divorce cases. One 42-year-old woman alleges that the judge awarded her ex-husband custody of their three children even after he confessed to involvement in a mob-related murder in the 1990s.

The five women have written to the New Jersey governor and other lawmakers in effort to get the judge, who they claim has a vendetta against the opposite sex, removed from the bench. In a letter to the governor, one of the women said she "no longer believe[s]" in the fairness of the state's legal system because of how the judge handled her divorce case.

Most people don't look up to celebrities as role models. There are a few exceptions, but the good antics of most A-listers rarely make it into the tabloids. That said, even if you don't want to emulate everything you see celebrities doing, there are still things you can learn from them.

Granted, most of the weddings in Old Bridge do not have the same pomp and circumstance as weddings hosted by celebrities, but there are still lessons high net worth couples can learn from celebrities.

When you think about what women want for mother's day, there are probably a few common things that come to mind -- flowers, cards and homemade gifts from the children. But this Mother's Day, many moms in Old Bridge gave more than they received. Sitting at their tables between flowers and cards, many mothers took the time to write their exes checks for child support or spousal support.

When we think about traditional gender roles in marriages, many people picture the men as the breadwinners and the women as the homemakers. Although that may have been true for decades, the tables are starting to turn. As women gain new footing in the workplace, it is becoming increasingly common for women to be the breadwinners and for men to be the homemakers.

You might think that superheroes, divorce and family businesses have very little in common. In many regards, you're right. However, if you copy the style and approach of your favorite superhero, you might fare better in a divorce.

Now, if your favorite superhero is Superman, your divorce may not benefit from you being faster than a speeding bullet, more powerful than a locomotive and able leap tall buildings in single bound.

However, if you try to think like Batman, you may be able to save your family business from getting ruined during your divorce. When Batman is getting ready to fight crime in Gotham, he is always prepared for the worst-case scenarios. You don't need a bulletproof costume to work through the divorce process in Old Bridge, but being prepared for the worst can be advantageous.