Posts tagged "asset valuation"
When most Maryland residents think about complex asset division in a divorce, they probably envision discussions over how to sell their most valuable asset - the family home - and divide the proceeds. However, in a high asset divorce, the stakes can be much more significant than that from a financial standpoint.
Our readers may have seen a previous post here detailing reports about how the divorce rate in America is increasing even as the economy improves. It seems that this assertion is gaining even more evidentiary support, with another report out recently that states that in 2012 - the last year available for this statistic - the number of divorces in America increased for the third straight year.
Many people probably have a view of divorce primarily as a way to get a clean break from an unhealthy relationship and move on with life. While this may be true in many cases, the unfortunate reality is that a divorce involves much more than simply parting ways with a spouse, especially if it is a high asset divorce.
Americans are fascinated with celebrities. But when a high-profile couple goes through a high asset divorce, the media frenzy can be astonishing. That has been the case since news broke that Rupert and Wendi Murdoch would be getting a divorce. Rupert Murdoch is one of the wealthiest people in the country, and the fact that he himself is the chief executive of a major news corporation is only adding fuel to the fire. But, as a recent article noted, there may be some ways for the average Maryland resident to benefit from watching this type of divorce unfold.
Some of our Maryland readers may find themselves asking at some point, "Is there ever a good time for a divorce?" Well, for some people, particularly those who are anticipating a high asset divorce, the answer might just be "Yes - next year."