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April 2013 Archives

Divorce financing: an emerging industry

In a high asset divorce, one spouse often has more financial resources at the beginning of the process, which is a significant advantage. The spouse with fewer resources is sometimes forced to accept less in a divorce settlement than they are entitled to, because he or she just can't afford a lengthy court dispute. Wealthier spouses know this, and are in a position to prolong a dispute just to force the other side to run up legal fees they can't afford.

Mick Fleetwood files for legal separation from wife

Colorado music fans who were around in the 1970s will remember Fleetwood Mac. The group's drummer, Mick Fleetwood, was back in the news recently with reports that he has filed for legal separation from his wife of 17 years.

Some real estate agents specialize in divorce

No two marriage dissolutions are alike. But in all divorces one basic fact is a constant: one of the parties has to move out of the family home. In many cases one spouse will continue to live in the home. But in many others, it makes more economic sense to put it on the market. Now some real estate agents have developed a specialized niche in selling properties after a divorce.

Oil tycoon's high asset divorce could cost him billions

Oil billionaire Harold Hamm has an estimated net worth of $11.3 billion. He is ranked number 35 on the Forbes 400, the business magazine's list of the 400 wealthiest Americans. The Oklahoma mogul may be about to move down in the rankings, though. His second wife filed for divorce last year after 25 years of marriage.