Heading into a divorce in Connecticut without a good understanding of assets and liabilities in the marriage could place a spouse at a serious disadvantage. It may be wise to take time to evaluate one's most immediate needs at the outset so that during discussions about the division of property, attention can be placed on seeking those assets that best facilitate a smoother transition into a separate life.
Billionaire couple's divorce may be the biggest ever
One of the nation's richest men and his wife headed to court in August to terminate their 26-year marriage. Legal analysts in Connecticut and throughout the nation are keeping a close watch on the high asset divorce, which could result in the biggest divorce settlement in history.
Consider long-term effects of divorce in settlement
For many Connecticut couples whose marriages are ending, the idea of divorce is about nothing more than finding out which soon-to-be ex-spouse comes out on top in the division of assets. Unfortunately, a number of couples at or near retirement age can find themselves embroiled in a battle about property and money when there are other, bigger concerns that overshadow even a high-asset divorce.
