Country singer could face complex property division matters

| Apr 29, 2013 | Firm News, High Asset Divorce |

There are many different issues that couples must work through as they are going through a divorce. Couples in Connecticut with high-value assets may struggle with complex property division matters. Celebrity couples often struggle with these kinds of issues.

Country singer Jason Aldean recently filed for divorce from his wife of 12 years. The couple has two daughters, so they will likely have to settle child custody issues. In addition, as a result of Aldean’s success, the couple may have to sort through issues related to property division.

States have different laws when it comes to the division of marital property. Some states are considered community property states, which means that property is generally divided up evenly between each spouse. Connecticut, on the other hand, follows equitable distribution, which means that a judge determines what is fair when it comes to the division of marital assets. In some instances, one spouse may end up with a majority of the property.

Another issue that can be difficult to settle is determining whether or not one spouse should be awarded alimony, and if so, how much. In Connecticut, alimony is frequently awarded when a couple has been married for more than five years.

Alimony may be critically important in some situations in order for one spouse to avoid major financial hardships. In some instances, one spouse may have left a career to take care of children. It may be difficult for people in those situations to jump right back into a career.

Source: ABC News, “Jason Aldean Splits From Wife Jessica Ussery,” Luchina Fisher, April 29, 2013