Travers & Travers

Posts tagged "High-Net Worth Divorce"

What to remember during a high-asset divorce

Just after the start of the new year, Amazon CEO Jeff Bezos announced that he would be divorcing his wife of 25 years. While the power couple is clearly trying to maintain a united front, both parties must realize that there could be a lot to gain and lose in the split. Every year, Texas courts dissolve quite a few high-value marriages. Though most Texans primarily view marriage as a romantic union, wealthy spouses often have something more like a business partnership. Any time spouses co-own major assets, disagreements about asset disposition can become acrimonious in a hurry. As if that wasn't bad enough, divorce mistakes can lead to life-changing financial loss.

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