Being involved in a divorce is never easy, but it can be especially complicated when high assets are involved. Divorce can be contentious for anyone, whether they have a lot of money or not. However, when people have high assets and no prenuptial agreement in place, their divorce process can turn very ugly.
Reality TV star and creator of the Skinnygirl brand, Bethenney Frankel could be paying big money to her soon-to-be ex-husband, according to recent reports. Ms. Frankel, who reportedly sold her Skinnygirl brand for somewhere on the neighborhood of $100 million, has been order to pay at the every least $100,000 for her estranged husband’s legal fees.
According to court documents, a judge has ordered Ms. Frankel to pay $100 K immediately to her husband’s attorney to cover his legal fees. However, the judge did say that the $100,000 would be deducted from the settlement amount when the couple finally reaches an agreement. According to reports, Ms. Frankel filed for divorce in January of last year, but the couple has yet to agree on a settlement as they battle over money and custody issues.
As this case shows, divorce can be very complicated, especially when it comes to high-asset property division and spousal support. It will be interesting to see how this case plays out when the couple finally comes to an agreement. If you are involved in a high-asset divorce, then you might need the help of an experienced divorce attorney to help you wade through the process and get the settlement you deserve.
Source: TMZ, “It's expensive to divorce Bethenny...For Bethenny,” April 24, 2014.