It's taken more than a year for Ken Griffin and Anne Dias Griffin to settle what has become a very contentious divorce. After 11 years of marriage, Ken filed for divorce in July 2014. However, the high asset divorce was not settled until this week. According to court...
High Asset Divorce
When your engagement ends, what do you do with the ring?
In the vast majority of engagements in Connecticut, an engagement ring is given at the time of the proposal. When that relationship breaks down, leading either to the end of the engagement or to a divorce -- if the parties do follow through and get married -- then...
Ashley Madison hack raises questions about infidelity and divorce
The recent Ashley Madison hack revealing the names of some members of the "marital affair" website has many people talking. The topic has inspired discussions ranging from its use as divorce grounds to its effect on divorce litigation. The hack has prompted many...
Avoid these mistakes in a high asset Connecticut divorce
When it comes to a high asset divorce, both spouses usually find themselves ticking off things on their to do lists. They want to be certain they have crossed every T and dotted every I, which is of course a wise approach. High net worth divorces have unique...
Divorce and designating beneficiaries
Divorcing spouses in Connecticut might benefit from understanding more about keeping beneficiary designations up to date. One of the most important steps in maintaining current records for an upcoming divorce is reviewing the names listed as beneficiaries on various...
Retirement impact of high-asset divorce on Connecticut couples
For affluent couples who choose to divorce, particularly those over the age of 50, asset division may be far more complex than for a younger couple. In addition to the usual liquid or semi-liquid assets, including the contents of bank accounts, jewelry, art and real...
Divorce settlements not as easy as they look
Stephanie Ollie, wife of Connecticut Huskies coach Kevin Ollie, filed for a divorce in November after 16 years of marriage. Both parties agreed that the marriage was over with no possibility of reconciliation. Papers filed show they are seeking joint custody of their...
Using a qualified domestics relations order
Connecticut residents may be interested in learning about how a qualified domestic relations order works as it pertains to divorce settlement. In some cases, the court may order than an ex-spouse or dependents may be able to receive part of a 401(k). In this event,...
Billionaire appeals court’s high asset divorce decision
Connecticut residents might be aware that billionaire Harold Hamm filed for divorce from his wife after more than 20 years of marriage. Hamm was reportedly worth an estimated $19 billion when he filed for divorce from his wife Sue Ann Arnall. At the time of the...
Common money mistakes divorcing spouses make
Connecticut residents who are contemplating a divorce may be interested to learn about some of the most common financial mistakes spouses make during and after the process. Recognizing one's current financial situation and the potential pitfalls that are inherent in...