A high asset divorce can require more time, care and consideration than many other divorce cases, as there can be a large amount of property to sort through and protect. Our readers may have heard the news that the richest man in the world, Jeff Bezos, will be going through a divorce. According to reports, Bezos, the CEO of Amazon, has a net worth of $137 billion, and he is divorcing his wife after 25 years of marriage. Financial experts say that their decisions during the dissolution process could have huge financial ramifications, even impacting the U.S. economy.
U.S. economy could be impacted by Amazon's CEO's divorce
Divorcing Later In Life: More Common Than You Might Think
"Half of all marriages end in divorce." It's a statistic that seems to be burned into our brains. While many of us are aware that divorce rates have increased significantly in recent decades, there is a general misconception that this surge is due to younger generations' stronger inclination to call it quits.
What To Do If Your Ex Is Lying About Their Assets
Ever since you got married two decades ago, your husband has always managed the finances. He has an aptitude for numbers, so it seemed only natural that he keep track of the bills, taxes and your shared financial portfolio.
How does a divorce later in life impact retirement?
A divorce that occurs later in life is oftentimes referred to as a "gray divorce." Whether the couple married in their 20's or 50's, when an older couple dissolves their marriage, there are certain issues that are different, which younger couples are not faced with. Pension and retirement are of particular concern.
Current rate of divorces show decrease in the U.S.
As we transition to a new year, we think of all the ups and downs from the past year. For married couples, they begin to consider what can be done to better their relationship. In some cases, this means considering whether it is best to work through a rough patch in a marriage or to call it quits. No matter the reason for ending a marriage, there are some factors to consider when filing for divorce.
