When a high net worth couple decides to divorce the divorce agreement can be a difficult one to settle.
When High-Net Worth Marriages Become High-Net Worth Divorces
Very common in high net worth marriages, a prenuptial agreement is decided ahead of the marriage. But when this isn’t the case, differences in international law and circumstances surrounding the breakup (often due to infidelity) can result in large sums being paid out as part of the divorce settlement.
Most Expensive High-Net Divorces
Most high-net worth divorces make the news. Here’s a list of some of the highest ones:
- Frank and Jamie McCourt. After 30 years of marriage the couple settled for $131 million and a lot of drama revolving around the ownership of the Los Angeles Dodgers.
- Neil Diamond and Marcia Murphey. The two were married for 25 years, but after rumors of infidelity, Marcia decided to call it quits. Diamond has been quoted as saying Marcia received $150 million in the divorce.
- Boris Berezovsky and Galina Besharova. The Russian millionaire failed to sign a prenuptial agreement with his second wife, Galina. The divorce hit his net worth to the tine of $163 million even after it was alleged that the two spent only two years of their 18-year-long marriage together.
- Arnold Schwarzenegger and Maria Shriver. After it was revealed that the former California Gov. Arnold Schwarzenegger fathered a child with a member of the couple’s house-staff, his wife of 25 years decided it was over. The settlement is though to be between $250 Million – $375 Million.
Working with a High Net-Worth Divorce Lawyer
There are a lot of aspects that need to be settled during a high net-worth divorce. Because of this, you need to work with a divorce lawyer that specializes in high net-worth divorces and can help guide you through marital property division, alimony, and child custody (if there are any kids involved).
Source: CNBC.com, The world’s most expensive divorce settlements, December 29, 2014
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