Things to learn from celebrity divorces

Mar 25 2016 - Posted by , in High Asset Divorce, Tagged in high asset divorce

Celebrity divorces can seem like a common occurrence to many Houston residents. These divorce stories are often heavily publicized and make appearances in magazines and news shows on television. One of the latest celebrity divorces that is getting a lot of press is Jennifer Garner and Ben Affleck.

Jennifer Garner and Ben Affleck’s divorce was announced right after their tenth wedding anniversary. In some states, the end of a marriage that occurs after a tenth anniversary can mean that spousal support may be in a greater amount than if the marriage was shorter. Also, after a couple has been married ten years, a spouse can receive social security benefits and military benefits.

One other item that may need to be thought about during a divorce is intellectual property. These can include patents, trademarks, royalties or other rights to intellectual property. Any of these that were created during the marriage will be divided during a divorce. Many people in the Houston area have intellectual property and need to keep in mind what can happen to it during a divorce.

Couples who are going through a divorce know how strong the emotions can be and what a difficult situation it is for a family. It is important to try to keep emotions separate from the important financial and personal implications of a divorce. An attorney who specializes in family law can help make sure their client’s needs are being met both now and after the divorce is finalized. They have the experience necessary to make sure all assets are accounted for, all business interests and intellectual property is divided fairly and child support, visitation, and spousal support is worked out.

Source: forbes.com, “The end of Ben and Jen: Celebrities who break up are just like us”, Jeff Landers, March 8, 2016

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