Clement Law Center
Free Initial Consultation
253-336-3607
View Our Practice Areas

Posts tagged "asset valuation"

A case of complex asset division in high asset divorce

A recent appellate court decision may impart valuable advice to Washington residents wanting to prevent protracted dispute over complex asset division during divorce. The litigants were a couple who executed a prenuptial agreement to exempt all gifts, inheritances and personal business profits from equitable property division in the event of marital dissolution. During their marriage, the woman quit her career to stay home with the couple's four children, and the man built a telecom business that became successful within a year of their high asset divorce. When he later defaulted on court-ordered spousal and child support payments of more than $4,500, the ex-wife went back to court. Her ex-husband pleaded lack of income caused by no longer having an ownership interest in the company and subsistence solely on gifts from his former business partner and in-laws.

After two years, Kutcher and Moore reach divorce settlement

Washington residents may be interested to learn that, after a prolonged battle, Demi Moore and Ashton Kutcher are reportedly ready to finalize their divorce. The couple announced in Nov. 2011 that they were ending their marriage and Kutcher officially filed for divorce a year later. Since that time, both stars have reportedly started new relationships.