There are many reasons to marry; however, there are also many reasons to divorce. Filing for divorce can be a complex decision, and many couples in Connecticut and elsewhere do not fully appreciate how this process will impact them. While dissolution can be the best thing for a couple, some couples may divorce for the wrong reasons.
High-asset divorce of Amazon CEO has been finalized
When a wealthy couple decides to divorce it can capture the attention of the entire nation. People in Connecticut may have been closely following the high-asset divorce of Amazon CEO Jeff Bezos. According to reports, his divorce has been finalized, but neither party is walking away from the proceedings impoverished.
We guide through the process of high-asset divorce
It goes without saying that the decision to divorce is a big one. Beyond separating your life from the person you have been married to, this change can impact every facet of your life. Everything from where you live, to how your children spend their time to the financial aspects, divorce is decision that can change just about any way you live your life. However, that's not to mean that these can't be positive changes.
What can I include in my prenup under Connecticut law?
Many people these days wait until their career is firmly established before getting married. Other people are entering their second or subsequent marriage later in life. And, some people who are looking to walk down the aisle already have a significant amount of wealth in their name. In any of these scenarios, it may be prudent for these couples to execute a prenuptial agreement -- known as a premarital agreement in Connecticut -- to protect their interests in the event of a high-asset divorce.
Lessons can be learned from Amazon CEO's high-asset divorce
People in Connecticut may have heard by now that Amazon CEO Jeff Bezos and his wife are seeking a divorce. This high-asset divorce is notable as Bezos is considered the wealthiest man in the world, with a fortune of approximately $136 billion.
What happens to a family business in a high-asset divorce?
Some married couples in Stamford choose to establish a business together as co-owners. While their entrepreneurial spirit might make their business a success, some may find that their marriage isn't as strong. When a couple co-owns a business, and decides to divorce, they will have to decide what to do with their business moving forward.
