The divorce of the ultra-wealthy - Summit County Divorce Attorney

January 14, 2019

Even though plenty of individuals in Colorado go through a divorce every year, the entire process can be a very different experience based on how much a couple is worth. The simplest case in point is that wealthy soon-to-be divorcees have very different concerns than what might ail the everyday individual.Of the many differences, a few stand out. The first relates to the assets being split up. A wealthy couple has a plethora of financial and real assets, including stocks, options, and art collections, all of which add to the value of the couple. This, in turn, makes the divorce proceedings all the more complicated. The second difference lies in alimony payments. Normally, this would be a point of contention between a couple going through a divorce. However, when a couple is splitting up and each party is walking away with a few million dollars, neither party needs support payments. With this in mind, despite men usually taking away more money, women tended to fare well enough that they didn’t need any alimony checks.