According to reports, a wall street executive allegedly lavished millions of dollars in homes, gifts and jewelry on three of his mistresses according to allegations of his estranged wife. The couple, who had been married for 35 years, are in contentious divorce proceedings in a New York Probate Court. The Wife has alleged adultery and is seeking the divorce. The couple lived a lavish lifestyle, with five homes, country club memberships, and high income.
Often, high asset divorces can be quite contentious. Couples who have acquired significant assets and income during their marriages often dispute alimony, debt allocation and asset division. Valuation of assets, extensive due diligence and oftentimes, expert analysis can be useful in resolving contested high income and high asset divorces.
An experienced family law lawyer can assist in getting a spouse what they deserve in a divorce involving significantly valued assets. Massachusetts Probate and Family Courts have specific caselaw and statutory guidelines when considering alimony, asset and debt allocation between divorcing couples. Contact an experienced family law attorney today.