After spending nearly five years battling over the terms of their divorce, ex-Yahoo president Susan Decker and her husband, a former investment banker, have finally reached a settlement out of court. Likewise, Minnesota couples who are dealing with the prospect of complex asset division should know that a mutually-beneficial settlement can be reached, even after a lengthy dispute.
In light of divorce, skier Lindsey Vonn encounters tax troubles
Most people in Minnesota know Lindsey Vonn for her ability to tear down the slopes to victory. Within the last year, however, the Olympic gold medalist and St. Paul native has run into some trouble in her personal life. After going through divorce and complex asset division, it was recently revealed that Vonn owed the Internal Revenue Service over $1.7 million in back taxes.
Divorcing couples nearing retirement should plan ahead
Divorce can be a confusing and complicated process for any couple living in Stillwater, Minnesota. However, determining how your divorce settlement will shape up as couples edge toward retirement is a consideration frequently left unanswered. Including a financial plan for retirement in a settlement is increasingly important, considering the divorce rate among people between 48 and 66 years old has been climbing steadily over the last two decades.
Actor Dennis Quaid faces property division issues in divorce
Hollywood veteran Dennis Quaid, star of "Great Balls of Fire" and "The Rookie," has recently announced that he and his wife are seeking a divorce. The couple announced they are separating after almost eight years of marriage. Quaid and his wife are likely to deal with serious property division questions as they proceed with their divorce. Like many Minnesota couples, this celebrity couple faces the complex issues commonly associated with high-asset divorces.
Court rules against Hecker's ex-wife in settlement dispute
Divorcing and splitting marital property can become rather tricky when working with a significant amount of financial assets. These types of settlements can become exponentially more complicated when dealing with issues of financial insecurity.
Klum and Seal hold significant assets amid divorce
Supermodel Heidi Klum and her husband Seal, a recording artist, were widely considered one of Hollywood's most stable "power-couples," until they recently announced their intentions to seek a divorce. Now that the couple is going to separate, they have a considerable amount of assets to divide, which could lead to contentious divorce proceedings. Minnesota couples facing the task of complex asset division might be able to learn from the proceedings in this celebrity split.
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