Many divorces involve the same legal issues. However, every case is different, meaning that the way divorce legal issues are approached in each circumstance can differ. This can be especially true in a high-asset divorce. Though couples in these situations have to deal with property division and alimony, similar to those with even minimal assets, the valuation and division process itself can be more complicated and time-consuming. Therefore, those considering filing for high-asset divorce may want to seek the assistance of a legal professional.
This was likely the case in actor Gary Oldman's recent divorce, which finalized his fourth marriage dissolution. In his split from singer Alexandra Edenborough, the actor has agreed to pay $3.3 million. Additionally, their assets will be divided, with Oldman keeping several cars and two of the couple's homes. As part of their settlement, each party will retain sole rights to their entertainment activities.
Though it has not been reported whether one was at play here, a prenuptial agreement can be extremely beneficial for couples with significant assets. These documents, and postnuptial agreements, too, can help spell out how assets will be divided and alimony will be paid in the event of divorce. These documents can help provide peace of mind and speed up the marriage dissolution process, should it come to that.
Dealing with divorce, regardless of how many assets are in play, is rarely easy. There can be a lot of emotional turmoil and fear for the future. However, by acquiring legal assistance, those going through the process can ensure that they are fully informed of their legal rights and have the opportunity to make decisions that are right for them.
Source: USA Today, "Actor Gary Oldman's fourth divorce finalized," Oct. 2, 2015