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Garner and Affleck Divorce

After months of tabloid speculation, a rep for Hollywood power-couple Ben Affleck and Jennifer Garner recently confirmed the couple has decided to divorce. The news comes just a day after their tenth wedding anniversary.

Ben and Jen Divorce Statement

In a statement released by the couple, Affleck, 42, and Garner, 43, had this to say: “After much thought and careful consideration, we have made the difficult decision to divorce. We go forward with love and friendship for one another and a commitment to co-parenting our children, whose privacy we ask to be respected during this difficult time. This will be our only comment on this private, family matter.”


According to a source close to the couple, Affleck and Garner have been working with a mediator. The source had this to say: “This isn’t going to end up in a dramatic court case, they are trying to resolve it as quickly and easily as possible. Ben and Jennifer have been separated for more than six months. They have been seeing counselors for years. The situation is that people change and they grow apart.”

Mediation, when employed at an early stages of divorce proceedings, has proven to be beneficial for both parties looking to avoid substantial litigation costs and the adversarial nature of a drawn out separation and divorce process. It’s not uncommon for mediation to allow for cases to be settled before they go to actual trial. Because if its more harmonious nature and the fact that costs are usually lower in comparison to drawn out litigious cases, the mediation process is becoming increasingly preferred.

Resolution of conflict between spouses is a delicate process and requires a skilled Divorce and Family Law Mediator to serve as a neutral buffer between the high emotions of a couple on the verge of divorce. The attorneys at the Southern California Law Offices of Divorce Law LA can assist you through the process of deciding whether a divorce settled through mediation and collaborative law is the right choice for you, or if full litigation is required to adequately settle your divorce.

Affleck has been sighted staying in hotels over the past few months. Yet, it seems the couple has decided that he will remain on the property of their Brentwood home, though he will not share the main house. It’s unclear if this is a permanent or temporary arrangement.

Love, Marriage, Children, Divorce

The couple met on the set of “Pearl Harbor” and went on to star alongside each other in the movie “Daredevil,” which was released in 2003. “That’s where I found my wife,” Affleck said in a Playboy magazine interview. “We met on Pearl Harbor, which people hate, but we fell in love on ‘Daredevil.'”

Shortly after, in 2005, they were married. During the wedding during a private ceremony in Turks and Caicos, Garner was four months pregnant with their daughter Violet.  The two share three children: Violet, 9, Seraphina, 6, and Samuel, 3.


Children Changed the Marriage

Garner has spoken to Yahoo! Parenting about how children changed the couple’s marriage: “You just go on a ride together because you don’t know who you’re going to be when you first have a baby and you don’t know who [your partner] is going to be. You have to just hang in there while you figure it out — and have a lot of patience for each other.”

Children can bring unavoidable and unspeakable changes to a relationship and marriage. while you might have thought a child would fit neatly into your life, that is not seemingly ever the case. Having a new addition that needs you constantly can mean big changes for you and your spouse.

In an interview with InStyle magazine Garner said: “When we had our first [child], we had only been together a year. We were babies. It happened so fast, I hardly remember what we were like before the kids got here.”

During the same interview she went on to say she and Affleck had a “mindful” marriage.

“You can’t expect to be courted all the time, and I don’t want to court him right now; I don’t have the energy!” she said. “But we’re definitely in a very mindful place where we’re making an effort to be together, do things at the same time, and be loving.”

It seems the two were realistic about their marriage. When Affleck accepted his best picture Oscar in 2013 for Argo he thanked his wife for “working on our marriage,” adding “there’s no one I’d rather work with.”

Timing of Divorce – Just After 10th Wedding Anniversary

Though it seems odd that the two would announce their divorce just after their tenth wedding anniversary, this is a fairly common time of year to divorce. While January seems to be the big month for divorce (often times couples try to hold things together through the already stressful holiday season), the summer school break is also quite popular. It often makes the most sense for re-locations (should a spouse decide to move) to happen over the summer in case schools need to be changed.

Child Custody and Visitation

While it’s unclear how Affleck and Garner will handle the custody of their children, it is most likely they will share custody. Courts often tend to award joint custody when they can, as long as its in the best interest of the children.

There are various forms of child custody: physical and legal, sole and joint.

Physical Custody: The parent has the legal right to have a child live with him or her.

Legal Custody: The parent has the legal right and the legal obligation to make decisions about a child’s upbringing.

Sole Custody: The parent has either sole legal custody or sole physical custody of a child, or both. Usually courts only award sole custody if one parent has been deemed unfit due to alcohol or drug dependency or charges of child abuse or neglect.

Joint Custody: Both parents share the decision-making responsibilities for, and/or physical control and custody of, their shared children. Joint custody can be joint legal custody, joint physical custody (where the children spend a significant portion of time with each parent), or both.


In a joint custody arrangement parents are asked to work as part of a co-parenting arrangement. In this arrangement, both parents must create a schedule based on each parent’s work requirements, housing arrangements, and the children’s needs. If parents are not able to come to an agreement when it comes to co-parenting, a court will impose an arrangement.

Various arrangements include:

  • alternating weeks, months, six-month periods, years or
  • spending weekends and holidays with one parent and spending weekdays with the other
  • “bird’s nest custody” or “nesting” during which the children remain in the family home while the parents take turns moving in and out. This can be successful because it does not disrupt the children’s lives that much – they are able to remain in one home and do not have to alternate between their parents’ homes. During the time away from the children the parents each live in a separate apartment or home of their own.


Parenting During Their Relationship

Garner had this to say of the couple’s parenting abilities:

“For better or worse, I tend to be the one who says, ‘This is what needs to happen.’ I know who wants what lunch, and I’ve done all the school paperwork and filled out the emergency cards. Ben doesn’t know that stuff exists,” she said.

“He is in charge of laughter. No matter how much I tickle them or toss them or chase them around, it’s not the same. If I’m the slow, steady drumbeat, he’s the jazz.”

Co-parenting after a divorce can be difficult. As long as both spouses are able to keep the best interests of their children in mind it can be successful.

Signs of Trouble and Legal Separation

Marriage is not easy and can take a lot of work. This can often mean working with a relationship therapist. Couple’s often decide to separate prior to their divorce, as a way to test the waters and determine if they truly want to be apart from each other. It’s advised that even if you do not decide to seek a divorce, that when you do separate, you file for legal separation. Legal separation is a legal process where the couple receives a court order that says they are separated, but does not mean the couple has actually divorced.  Often times couples will obtain a legal separation as an alternative to a divorce, because of moral or religious objections to divorce.

Legal separation also does not automatically lead to divorce. There have been numerous times where couples have decided to reconcile and continue their marriage. Should they wish to proceed with a divorce after a legal separation, the couple will still need to file for divorce explicitly.

Working with a Family Law Attorney

Whatever your reason is for divorce, you should consider working with a family law attorney. They will be able to advise you on any number of issues, including: child support, spousal support, marital property division, child visitation, etc… A lawyer from the expert law firm of Divorce Law LA will be able to guide you through the divorce process. The Divorce & Family Law Offices of Divorce Law LA will provide you with the highest level of expertise and professionalism from our skilled attorneys. Our Divorce and Family Law Practice spans a wide spectrum of areas that include: divorce, high net-worth divorce, marital property division, child custody and visitation, and child support.

Divorce Law LA

33 S. Catalina Ave. Ste. 202

Pasadena, Ca. 91106

(626) 478-3550

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Cannon-Carey: A Lesson in High Net-Worth Divorce

Nick Cannon took the twins he shares with estranged wife Mariah Carey out for breakfast in Los Angeles last Friday. Later, the doting dad, 34, posted an image of a Tic Tac Toe game to his Instagram, gushing: #Nothing like some breakfast and a morning game of Tic Tac Toe to get your day going in the right direction! XO’s #DemKids is nice with it! #Geniuses.



After living apart for several months, the host of America’s Got Talent filed for divorce on December 12. Around that time he took to Twitter to say: “I will never say anything negative about @MariahCarey We are forever a family rooted in love.

And indeed, it seems the two are making it work, at least in terms of co-parenting.

His breakfast outing was obviously a ‘farewell till the next time,’ as just a few hours he updated his Instagram with a photo of him on the way to the airport captioned: ‘Another Friday Another Flight.’ He’s currently in the middle of auditions for the upcoming season for AGT.


Co-parenting, and the act of co-parenting can be difficult for two parents to establish. The word implies that two parents are able to cooperate and communicate efficiently, but that’s not often the case. This becomes glaringly obvious when it’s realized that the main reason two people end a relationship is because of inability to communicate with each other.

But, unfortunately, when it comes to co-parenting, communicate is a must. If you cannot forge that relationship, the number one person, or people being hurt, are the children you share. Making this harder is the idea that even if your number one intention is to communicate effectively, you still have no control over the other person in the co-parenting relationship.

Being a Better Co-Parent

Regardless of how the other parent acts, there are some things that you can do to make the situation better. Realizing that you can improve the situation by improving yourself can help ease the stress. Here are some things that you can do:

Accept that you might not be able to control every situation. 
It might be easy to be aggravated by everything your co-parent does, but why spend your time and energy? You can’t change what you can’t change. Instead, channel that energy into creating quality time and moments with your kids. Learn and accept that you are not able to control everything. This can be hard, but it’s important. And that acceptance will free up emotional energy that can and should be spent elsewhere.

Be PRESENT with your kids.
When you are upset about something your mind is there, dwelling on that anger. If something that your co-parent does upsets you, place it to the side and don’t let it get in the way of the time you have with your children. Studies show that being present is the most important thing we can give our kids. Pay attention to them! And practice being mindful of the time you spend with them.

Make your home a calm and secure environment.
You can’t control anything your co-parent does. You can’t change them. But you can change you, and you can control you. So ensure that your home is a calm, grounded, and secure environment for your children. This will provide them with a calm and stable environment during a time that not feel that way. They should feel safe during this time – especially if the co-parenting schedule is new. Being able to give your kids stability will ensure they grow up feeling stable.

Focus on what is GOOD.
It’s not uncommon for divorced co-parents to feel guilty about what the effects of the divorce will have on their kids. You can focus on all the wrong things, but isn’t it better to focus on what’s GOOD? Two parents that love them. The secure and stable home that you’ve created. All the good moments you share. That cannot be taken away by your ex. These good-feeling moments are a great influence on your kids. So remember all the good stuff!

Cannon – Carey Property Division

While it seems they have gotten a hold on co-parenting, one aspect of the Cannon-Carey divorce that still might need some ironing out is the marital property the two share.

Cannon is in the process of moving into a $3 million luxury six bedroom, eight bathroom estate on the east coast ‘to keep the twins out of the spotlight.’ Cannon’s net-worth is over $20 million. He is paying $11,000 a month for the house, with an option to purchase the secluded Saddle River estate in New Jersey.

Carey will be staying on the West Coast and kicks off her Las Vegas residency at Caesars Palace on May 6. She has been spending most of her time in Southern California in preparation for the Sin City run.

Despite having their separate living arrangements, the two seem to be locked in a legal dispute over the division of their assets. Cannon just filed a lawsuit that alleges Carey, along with the couple’s business manager, Michael Kane, sold the couple’s Bel Air Mansion for $4 million less than the asking price without involving him in the sale.

Marital Property Division


California is a community property state, as opposed to an equitable distribution state.

In community property states, all property the couple acquires during the marriage is divided equally. During a divorce settlement, issues such as financial need, ability to earn income, or which spouse is at fault for the divorce are not taken into account when dividing property.

In equitable distribution states, which are the majority of states, marital property division takes into account the financial situation of each spouse. This is different than the 50/50 breakdown of community property states. Though equitable distribution is more flexible, it can be harder to forecast the outcome. This is due to the fact that many factors are taken into account during the settlement negotiations.

When it comes to dividing marital property, there are four concerns that need to be addressed:

  • Identification of marital assets that are owned by you and your spouse
  • Assets need to then be categorized as marital or non-marital property.
  • Value will be assigned to the assets
  • A plan will be constructed over how to divide these assets. This plan will be made in accordance with state laws.

Marital Property

Not all property is considered “marital property.” It should also be noted that marital property does not only consist of dividing furniture and household items, but also all other financial assets such as bank accounts. And the definition of marital property can vary from state to state. You should work with a divorce attorney that can advise you on your state specific laws regarding property division. Typically though, marital property includes any property that is acquired by either spouse during the course of the marriage. And property acquired by either spouse before the marriage is usually not considered marital property.

Non – Marital Property

That being said, in some states, property acquired during the marriage can be excluded from marital property. Such types of property include:

  • Gifts or inheritance granted to one spouse during the marriage.
  • Property purchased with separate funds acquired by one spouse before the marriage.
  • Property that was excluded in a prenuptial agreement.
  • The asset is the result of increased value of separate property that was acquired before the marriage.

Preparing Your Finances for Divorce

If you know there will be issues regarding the division of marital assets prior to filing for divorce, there are some things you should do. Namely, you should consider separating any joint financial obligations that are under both of your names. Joint credit accounts should also be considered during the division process. Because of this, it’s advised that you separate any joint accounts. Here are some tips to consider when facing marital property division:

  • Each spouse should have access to a complete set of all financial documents.
  • Each spouse should establish their own line of credit, in their own name.
  • Close all joint credit card accounts.
  • Create a formal written agreement that outlines the activity on any joint credit accounts until all accounts can be separated.
  • Open separate bank accounts.
  • If you must maintain a joint bank account, make sure you have a written agreement outlining the purpose of the account and what the funds will be used for. You might consider that each spouse sign any checks written from that account.
  • Freeze any investment assets to ensure that neither spouse may misuse funds.
  • Change the title to your home to “tenants in common.”

Working with a Divorce Attorney

Divorce can be a difficult process, not just for emotional reasons. There are many aspects of a divorce that will need to be legally decided upon, including: child custody and visitation, spousal support, and marital property division. A family law attorney will also be able to provide you with advice on how to create a successful co-parenting situation. This can include the creation of a co-parenting schedule that outlines weekly visits, but also holiday schedules, and other major events. These things can be even harder to work out in a high net-worth divorce. State laws will also play a large factor in how things are divided and settled. Because of this, it’s advised that you work with a local divorce attorney that will be able to advise you specifically in accordance with your state law.


Divorce Law LA, Esq.

Divorce Law LA

33 S. Catalina Ave. Ste. 202

Pasadena, Ca. 91106

(626) 478-3550

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Privacy and Divorce

When celebrities or high net worth couples divorce, it seems everyone knows, even when every attempt is made to keep it out of the public eye. Knowing that there are spying eyes is the first step in protecting private information.

Divorce in the Public Eye

Divorce can get ugly, it goes without saying. Warring couples can argue about anything. But perhaps the one thing they can agree on is the need to shield any children involved. For high net worth couples, they also seem to agree on the need to keep the family’s name and legacy in good standings.

According to partner and co-chair at Pryor Cashman LLP, Judith L. Poller, “Celebrity clients nearly always arrive at a settlement rather than going to trial. After legal costs, privacy concerns are probably the biggest reason why.”

Gain Control of Divorce

But often a high net worth spouse, in an effort to gain control during the divorce process, will leak any information they have, or authorize other members of their team to leak information on the other parent, according to Stacy D. Phillips, a founder and Managing Principal at Phillips Lerner LLC. In these cases, the children become collateral damage.

“Everyone understands that anything said in court is on the record. Some judges are more inclined than others to compel parties toward settlement by facilitating private backroom discussions. In California, where all filings, except paternity, are open to the public, clients have the ability to hire private judges to hear arguments and make rulings confidentially,” said Phillips. ”Even so, hearings before a private judge are considered public trials and technically anyone can attend, but in reality the press does not. And, all pleadings must still be filed at the public courthouse.”

Going Public

But even when court documents are sealed, it seems private information can still be leaked. “Tort claims often seek damages for wrongdoing not covered by marital law, including allegations of assault or sexually transmitted diseases. Even if unfounded these accusations can be incredibly harmful to business prospects and professional relationships,” said Poller. So, when pursuing your high net worth divorce, you should understand your jurisdictions laws regarding how proceedings and filings are kept private, while also ensuring your team of professionals is doing everything they can to ensure privacy for everyone involved.

Source: Forbes, Protecting Privacy In A Divorce, December 8, 2014

Divorce Law LA, Esq.

Divorce Law LA

33 S. Catalina Ave. Ste. 202

Pasadena, Ca. 91106

(626) 478-3550

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High Net Worth Divorces

Some divorces, especially if preceded by many years of marriage, involve a large number of assets. In these instances, a divorce is called a high net worth divorce.

Divorce v. High Net Worth Divorce

Just as any other divorce, a high net worth divorce requires the agreement to a settlement. What differs with high net worth divorce is that there is usually much more at stake than couples that have fewer assets. Still, each aspect must be reviewed thoroughly. Things to be considered in any divorce include: Division of assets, division of debts, child custody, child support, and spousal support, otherwise known as “alimony.”


A judge always prefers you try to resolve issues through mediation and compromise. But while it’s always best for a couple to come to resolutions together, if they can’t, a judge will be able to make rulings on the various aspects of a divorce. Usually this will require more time, and as a result more money, but often times, especially when there are a great many assets to be settled, going to court is the only way for a couple to reach an agreement. A lawyer will be able to guide you through the divorce process.

Finding a Lawyer that Handles High Net Worth Divorces

If you are facing a high net worth divorce you should seek the immediate assistance of a lawyer experienced with high net worth divorces. Your chosen attorney will begin the divorce process by reviewing your specific financial situation before they determine the best way to proceed. It’s best that you act quickly in finding an attorney, as you don’t want to risk losing your money due to poor decisions, or by making no decisions. A knowledgeable divorce lawyer will help to get you what you’ve earned, and will also try to make the process as easy as possible.

Source: ProDivorce, How Should I Handle a High Net Worth Divorce? 2014

Divorce Law LA, Esq.

Divorce Law LA

33 S. Catalina Ave. Ste. 202

Pasadena, Ca. 91106

(626) 478-3550

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High Net Worth Divorce? Some Mistakes to Avoid

Divorce is difficult for everyone. Coming to the conclusion that you and your spouse are better off apart than together is emotional. This doesn’t change whether you are wealthy, or not. The difference that wealth makes comes when it comes to dividing assets and settling financial agreements. Because of these additional complications, it’s best to get some advice for your high net-worth divorce.

Missteps in High Net-Worth Divorces

Here are some damaging missteps you don’t want to take if you are facing a high net-worth divorce:

Day in Court Assumption

Don’t assume your “Day in Court” will turn out the way you expected. According to divorce financial analyst and CEO of Source Financial Advisors, Michelle M. Smith, “There are options besides court that have a higher probability of getting you what you want and getting you what you want privately. Having your net-worth statement and personal dramas splashed across ‘Page Six’ is not what most clients set forth as goal number one in their divorce.”

“Advice” from Friends and Family

Friends and family always want what’s best for you. So while they’re giving advice, know that it might not always be the best. According to managing partner at Flynn Family Office, Richard J. Flynn, “In our experience working with wealthy divorcees, there are many times they are not inclined to share a lot of information with friends and family, who usually don’t understand the legal and financial implications involved. The goal of the wealthy going through one of the largest personal financial transactions in their lives is not only to surround themselves with emotional support from well meaning family and friends but to also obtain solid and specific divorce-related advice from the best available talent in the field.”

Look at the Whole Financial Picture

Working with a divorce financial specialist can be really helpful. “While financial divorce specialists complement and can never replace divorce lawyers, their role is to – from the start of the process to after the divorce is finalized – ensure the financial well-being of their clients,” says Smith. “For example, they’re often extremely effective in providing the supporting evidence for settlements.”

Source: Forbes, Three Of The Biggest Mistakes The Wealthy Make When Divorcing, June 9, 2014

Divorce Law LA, Esq.

Divorce Law LA

33 S. Catalina Ave. Ste. 202

Pasadena, Ca. 91106

(626) 478-3550

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The Hamm Divorce

May 18, 2012 – Jane Doe files for divorce from John Doe, claiming allegations of cheating. Might seem routine. Except for when the Jane Doe and John Doe were revealed to be Sue Ann Hamm and Harold Hamm, the founder, chairmen, and CEO of the multi-billion oil and gas company Continental Resources, Inc.

Large Amounts of $$$ at Stake

The divorce, being worked out now, with nearly $17 billion at stake, could go down as the most expensive and financially complex divorces in U.S. history. Most of the wealth was accumulated during the couple’s 26 years of marriage.

Sue Ann Hamm is a former lawyer for Continental. Harold Hamm owns two thirds of the company’s stock. If she wins what she is seeking – somewhere between 3 and 6 billion – she would instantly become one of the richest women – in the world.

Already Timely

While most divorce trials last a day or two, this one has already breached its fourth week (of an estimated nine). The case has raised questions regarding information a publicly traded company should be forced to disclose when one of its leaders goes through a divorce. According to legal experts, while the couples personal and professional history play a part in the decision, so does the price of Continental’s stock.

According to financial and legal analysts, a $3 billion award to Sue Ann Hamm would likely mean Harold Hamm would need to sell a large amount of his own company stock to be able to cover the judgment. As a result of this, Harold Hamm would no longer be the largest stock holder in the company.

“You can make a strong argument that because the future control of the company is in jeopardy because of this divorce, it should have been disclosed,” said Toby Galloway, partner at Kelly Hart & Hallman.

No Prenuptial Agreement

While the couple did not sign a prenuptial agreement, under Oklahoma law, Harold Hamm is allowed to keep everything he had during the time of the couple’s marriage. This includes 122 million shares of Continental stock. But according to family law lawyers familiar with Oklahoma law, Sue Hamm has a legal claim to any increases in the value of stock or any other assets if her actions during the past 26 years contributed to those increases.


For advice on divorce, you need the expert law firm of Divorce Law LA. Schedule a consultation today.

Source: Dallas Morning News, Could a CEO’s divorce materially affect a company’s future? September 1, 2014


Divorce Law LA, Esq.

Divorce Law LA

33 S. Catalina Ave. Ste. 202

Pasadena, Ca. 91106

(626) 478-3550

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Divorce Bigger Issue for Professional Athletes

When it comes to professional athletes’ personal lives it seems the focus often turns to domestic violence, but it seems the larger issue is how difficult it can be for a professional athlete to make a marriage work. In fact, according to The New York Times and Sports Illustrated, the divorce rate amongst professional athletes is estimated to be between 60 to 80 percent – a marked increase compared to the national average of 50 percent.


Fame, money, travelling for games, as well as being bombarded by adoring groupies can take a toll on a marriage. New York divorce attorney, Bruce Provda says, “It’s hard to keep a marriage going if you’re a celebrity athlete. There is a great deal of temptation and a ton of money available. It’s a bad combination.”

Examples of Pro Athlete Divorces

There are numerous examples of professional athletes who have dealt with divorce. Some of the most high-profile divorces have been those of Kobe Bryant, Tiger Woods, and Michael Jordan. Kobe Bryant didn’t have a prenuptial agreement for his divorce from ex-spouse Vanessa. He ended up settling for approximately half of his net worth – an estimated $350 million. When Michael Jordan split from ex-spouse Juanita he paid a $168 million settlement. When Tiger Woods and his ex-spouse Elin Nordegren split, Wood had to pay his ex-spouse $100 million.

High Net-Worth Divorces

High net-worth divorces can be difficult to resolve. If you are facing a divorce that involves a division of large amounts of assets, you’ll need to work with an attorney that is well-versed in these types of cases. If you are considering marriage and you and your future spouse have a high net-worth you might want to consider signing a prenuptial agreement. An attorney will also be able to help you negotiate a settlement – it just might save you form a lot of emotionally draining litigation in the future.


For advice on high net-worth divorces, you need the expert law firm of Divorce Law LA. Schedule a consultation today.

Source: Forbes, Divorce, Not Domestic Violence, Is Biggest Issue At Home For Professional Athletes, August 15, 2014


Divorce Law LA, Esq.

Divorce Law LA

33 S. Catalina Ave. Ste. 202

Pasadena, Ca. 91106

(626) 478-3550

Divorce High Net-Worth Divorce

New “Largest Divorce Case Ever”

According to court documents, lawyers for Harold Hamm and his wife Sue Ann Hamm recently faced off in divorce court in Oklahoma City. While the details of the case are not know (the judge sealed most of the records and proceedings), what is known is that Mr. Hamm, 68, is estimated to be worth $20.2 billion. And most of that wealth was accrued during his marriage of 26 years.

Previous “Most Expensive Divorce” Title Holder

Russian oligarch Dmitry Rybolovlev’s May divorce settlement of $4.5 billion was previously dubbed the “most expensive divorce in history.” But Mrs. Hamm, 58, would only need to receive a quarter of Mr. Hamm’s net worth in order to surpass that.

 Hamm’s Billions

Mr. Hamm made his billions as founder and chairman of Continental Resources. The company helped pioneer fracking. He was number 39 on Forbes’ list of the world’s richest people, and was also top energy adviser to Mitt Romney’s during his 2012 presidential campaign. In that same year Hamm was also named one of Time Magazine’s most influential people.

Judge’s Orders

The judge sealed the case due to concerns regarding sensitive information about Continental, a large producer of North Dakota’s Bakken Shale. The judge also set aside 8 weeks for the trial. According to attorney M. Shane Henry, how the Hamm’s assets will be split is dependent on two central issues: the date used for separation of assets and how much Mrs. Hamm contributed towards the growth of the company. She was a former executive at Continental as well as a partner to Mr. Hamm. The earlier the date for the separation of assets, the more likely that Mr. Hamm will be able to retain a larger amount of money. While most parties settle, “the reason these people can’t settle is it means literally millions and millions of dollars to one side or the other,” Henry said. According to Reuters, there is not prenuptial agreement. Not that that always matters. According to New York attorney, Seymour Reisman, “Prenuptials are like any contract, lawyers can find loopholes to set them aside.”


For advice on family law and high net-worth divorces, you need the expert law firm of Divorce Law LA. Schedule a consultation today.

Source: CNN Money, Oil tycoon could face record divorce judgment, August 12, 2014


Divorce Law LA, Esq.

Divorce Law LA

33 S. Catalina Ave. Ste. 202

Pasadena, Ca. 91106

(626) 478-3550