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Posts tagged "High Asset Divorce"

The challenges of a high asset divorce from a narcissist

18221832_S.jpgIt can be challenging enough to break away from a marriage in which the other party is a narcissist. They tend to view themselves as the victim under these circumstances. This could make a high asset divorce from someone with this personality type even more of a challenge than being married to one.

High asset divorce becomes convoluted legal matter

18955977_S.jpgEnding a marriage can be a complicated matter. Turning one household into two separate ones can take time. In the case of a high asset divorce, there is potential for myriad of snags, especially if unrelated legal matters are unfolding concurrently. A former Missouri couple now stands accused of falsely filing for divorce. 

Do you have to take your high asset divorce to court?

25241369_S.jpgFortunately, the answer to this question is no. Missouri couples now have other, less confrontational and adversarial options when it comes to resolving their issues in a high asset divorce. If you want to avoid a contentious courtroom battle, you may want to consider either mediation or collaborative divorce as an alternative.

IRAs are marital assets with special divorce rules

21930623_S.jpgAt the end of a marriage, an individual may find the need to divide the shared property. What and how the marital assets will be divided are decided during the divorce process. Some assets, like IRAs, have special tax rules that apply. Individuals in Saint Charles, Missouri, who want to separate an IRA during divorce should heed the rules to avoid a tax penalty. 

Statement of marital assets requested by Pete Rose's wife

26507980_S.jpgMajor League Baseball star Pete Rose has made the bulk of his post-sports career cash by signing autographs. His wife claims that he makes hundreds of thousands of dollars every year doing so, but loses it in gambling. Their pending divorce, started in 2011, continues with a new filing. His wife requested that Rose to reveal his personal finances so that the couple can split the marital assets and finally complete the divorce. Missouri fans of Rose may be interested in the developing case. 

Splitting marital assets includes retirement, investment accounts

Ending a marriage is never easy. When two people have built a life together, it can take a bit of strategy to untangle the threads. One facet of divorce is property division, where the two parties divide the marital assets between them. Retirement accounts and investment accounts typically represent the divorcing couple's largest collection of funds. In Missouri, each type of account has its own rules for separation, and by following the rules, an individual can avoid common mistakes that could potentially reduce his or her portion of the sum.

Investing marital assets after a divorce

53235114_S.jpgThe process of divorce can be a challenging time when two individuals determine how the shared property will be divided. After the dust clears, one or both partners could be left with a sum of funds that will need to fully or partially finance their lifestyles for years to come. By choosing to invest one's portion of the marital assets, a Missouri resident may be able to get more mileage from the share of the divorce settlement that he or she receives. 

Bitcoin could complicate high net worth divorce

39394533_S.jpgHiding assets during divorce proceedings is sadly not that uncommon. Missouri couples who are going through a high net worth divorce may understandably feel a strong urge to protect the assets that are most important to them, but some individuals take it too far. Although hidden assets are certainly nothing new, some divorcees are using newer technologies to conceal marital property.

Homes are complicated marital assets

30051655_S.jpgA home is one of the biggest purchases that a person will ever make. However, a home can also be one of the most difficult marital assets to divide during a divorce. When considering who -- if anyone -- will maintain ownership of a marital home, it is important to consider all of the possible implications.

Keegan-Michael Key's high net worth divorce finalized

30445796_S.jpgKeegan-Michael Key might be most well-known in Missouri for his comedy work, but he has more recently made headlines for the end of his marriage. His high net worth divorce from Cynthia Blaise was finalized several years after the initial filing. The couple did not have any children, and although they did not have to deal with custody or child support matters, Peele's high net-worth likely complicated the process.

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