There are many different financial issues and information that it can be important to look into when in a divorce.
It appears that real estate could be a major issue in a celebrity divorce case that is soon heading to court. The divorce the case regards is the divorce of director Michael Moore and his wife. The divorce is expected to go to court in Michigan sometime next month. It is thought that the divorce has the potential to be a contentious one.
When in negotiations regarding how to divide property in a divorce, there are a wide variety of different things that it is important for individuals to consider. One of the more obvious things is the value of the various assets in the marital estate. However, there are also some perhaps less obvious aspects of the various martial estate assets which can have impacts on how fair a given division of property will ultimately be.
Negotiations regarding the issue of property division can be very complex and contentious, particularly in high-asset divorces. However, this doesn't always prove to be the case. This can be seen in some divorce news that has recently come up involving famous businessman Rupert Murdoch.
It appears that property division will be a significant issue in the divorce of actor Stephen Collins. The role that many people here in New York will know Collins from is the role of the father on the television series "7th Heaven."
As New York readers may know, property acquired before the marriage is generally not considered part of the marital estate -- even if both spouses contributed to the property’s purchase.
During divorce proceedings in New York, it is absolutely important to understand agreements to the smallest details and abide by them absolutely, especially where there may be contention between parties. No one expects a client to be able to understand all of the intricacies, which is why we have attorneys to help "dot the i's and cross the t's."