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A high asset divorce can feature a fair conclusion

In divorce cases where one spouse is a celebrity and the other is not, it is sometimes assumed that the more famous or wealthier partner will be financially damaged by a split. For years, media reports of non-famous spouses who received lavish settlements fueled these fears. Nowadays, though, the final outcome of a high asset divorce in Texas can depend on many factors, and the higher-earning spouse may not be hit as hard as they expect to be.

Professional wrestler for the WWE, Randy Orton, has recently gotten a divorce from his wife. Following a separation in 2012, Orton's former wife of six years filed for divorce this past March. Reportedly, Orton has fared quite well from a financial standpoint after his divorce. According to the popular celebrity-watching website TMZ, Orton has retained his rights to multiple six-figure bank accounts, as well as his entire WWE contract. It is estimated that his wrestling contract pays him over $290,000 per month.

It has also been reported that Orton was able to keep several luxury vehicles, including a Bentley, a Range Rover, and a Harley Davidson. In addition, Orton retained one home, some jewelry, and a collection of firearms.

While Orton's success in keeping certain items may make it seem as if his former wife lost out, that doesn't appear to be the case. His ex-spouse got to keep a 2013 Infiniti, jewelry and a bank account with over $650,000 in it. In addition, she has full custody of the former couple's daughter, and will receive child support totaling $4,500 each month.

The goals and objectives of a high asset divorce should always revolve around fairness, and it seems as if the Ortiz case accomplished just that. Still, without proper legal guidance, either party to a divorce can easily overlook important considerations. This can result in an unbalanced outcome and hard feelings for years to come.

Source: The Bleacher Report, "Randy Orton and wife reportedly divorce, details released," Mike Chiari, July 10, 2013

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Attorney Christine K. Lincoln

Christine K. Lincoln offers sound counsel and legal services to protect clients and their families facing divorce and other family disputes.

She will take the time to understand your individual needs and develop a comprehensive solution to protect your rights and interests.

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