If there was one couple in hollywood who seemed to be the perfect family; it shows that all appearances can be shattered. This is because actor and director Ben Affleck and his soon-to-be ex-wife, actress Jennifer Garner, announced their plans to divorce last week. This high profile couple shocked the press with this announcement and were berated with questions about their plans for moving forward. The Denver Post picked up the story and have reported a few details about their high asset divorce.
Garner and Affleck have been married for 10 years are were always the poster-children for how a Hollywood marriage should look. With three kids between the two there have been many questions concerning the custody arrangement. The couple made a co-statement stating, “We go forward with love and friendship for one another and a commitment to co-parenting our children.” There seems to be an agreement to disagree between the couple; at least on the topic of child custody.
However, when it comes to the financial aspects of the divorce it may not be so agreeable between the two. Both are big stars in their own right and have pulled in nest eggs in salary, assets and such. It could be argued that while Garner was home with the kids, it allowed Affleck to pursue his much-acclaimed directing career. There may be a dispute over asset valuation and allocation in the months to come.
While the divorce proceedings have not yet moved to the financial stage; both sides are likely preparing. This includes research into assets and their value so both sides have an idea of the what to expect. Real estate, 401k’s and other assets are all included in this valuation. Hopefully, the divorcing couple will be able to agree and split the assets in a fair and just way.
Source: denverpost.com, “Jennifer Garner, Ben Affleck say they’re getting divorced,” Sandy Cohen, June 30, 2015