Lisa L. JohnsonAttorney at law
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High Asset Divorce Archives

Business interests can be at risk in a high asset divorce

Most divorce proceedings are tough for all those involved. However, some believe that a high asset divorce in Kentucky is an even bigger challenge. Unlike other divorces in which the primary concern may be to reach peaceful settlement agreements, the stakes are so much higher when a successful business is involved. When both spouses were instrumental in the success of the business, it will likely be seen as a joint asset regardless of who is the legal owner. Furthermore, the growth of business assets during the marriage will also be divisible.

High asset divorce of Herjavec revisited after revealing letter

People in Kentucky may be aware that, since the turn of the eighteenth century, it has been said that hell hath no fury like a woman scorned. Any spouse in a high asset divorce who tries to hide his or her riches may do well to remember that phrase. The 55-year-old reality TV star, Robert Herjavec, of Shark Tank fame, who got divorced in March 2015, might be called back to court on allegations that he misrepresented his company's worth at that time.